China National Offshore Oil Corporation (CNOOC)

The China National Offshore Oil Corporation (CNOOC) is one of the three major national oil companies in China, alongside PetroChina and Sinopec. Established in 1982, CNOOC is a state-owned enterprise responsible for exploring, developing, and producing oil and natural gas resources offshore in China and in various international regions.

CNOOC's primary focus is on offshore oil and gas exploration and production, and it has a significant presence in the South China Sea, the Bohai Sea, and other offshore areas. The company operates a fleet of offshore drilling rigs and platforms to extract hydrocarbons from beneath the seabed.

One of CNOOC's notable achievements is its involvement in deepwater exploration and development projects. The company has advanced capabilities in exploring and producing oil and gas from deepwater fields, enabling it to tap into previously inaccessible reserves.

As part of China's efforts to enhance its energy security, CNOOC plays a crucial role in ensuring a stable supply of oil and natural gas to meet the nation's growing energy demands. The company's operations contribute significantly to China's domestic oil and gas production, reducing the country's reliance on imports.

In addition to its operations within China's territorial waters, CNOOC has expanded its international presence through partnerships and acquisitions. The company has invested in various offshore oil and gas projects in countries around the world, including Canada, Nigeria, Australia, and several other countries.

Founded: 1982
Headquarters: Beijing, China
Office: 97 Oxford Road Uxbridge, UB8 1LU United Kingdom
Website: https://www.cnooc.com.cn/en/