China National Offshore Oil Corporation (CNOOC)

China National Offshore Oil Corporation (CNOOC) is one of China's major state-owned oil and gas companies and is a significant player in the global energy industry. Established in 1982, CNOOC focuses on offshore oil and gas exploration, development, and production. The company's operations primarily target oil and gas reserves in China's offshore areas, such as the South China Sea and the Bohai Sea.

CNOOC's core activities include drilling for oil and gas, constructing and operating offshore platforms and facilities, and transporting the extracted resources to onshore processing plants. The company utilizes advanced technologies and expertise to tap into deepwater reserves, making it a leader in deepwater exploration and production.

In addition to its domestic operations, CNOOC has been actively expanding its international presence through investments and partnerships in various countries and regions worldwide. The company has engaged in exploration and production projects in countries such as Nigeria, Canada, Indonesia, Australia, and several other oil and gas-producing nations.

CNOOC's international ventures align with China's objective of securing energy resources to meet the country's growing energy demands. The company's investments in overseas projects contribute to energy security and help ensure a stable supply of oil and natural gas for China's economic development.

As a state-owned enterprise, CNOOC operates under the supervision of the Chinese government and adheres to national energy policies and strategic objectives. The company plays a crucial role in China's energy security, contributing significantly to the country's domestic oil and gas production.

Founded: 1982

Headquarters: Beijing, China

Office: PERTH, 6000, Western Australia, Australia

Website: https://www.cnooc.com.cn/en/