China National Offshore Oil Corporation (CNOOC)

China National Offshore Oil Corporation (CNOOC) is one of China's major state-owned oil and gas companies, established in 1982. It is a key player in the country's energy industry and operates both domestically and internationally. CNOOC primarily focuses on offshore oil and gas exploration, production, and development, with a particular emphasis on deep-water exploration.

As part of its global expansion strategy, CNOOC has ventured into numerous international projects, seeking to secure oil and gas resources to meet China's increasing energy demands. The company has been involved in various joint ventures and partnerships with international oil and gas companies, allowing it to gain access to new reserves and technologies.

CNOOC's operations are not limited to exploration and production alone. It is also involved in downstream activities, including refining and petrochemicals. This integrated approach allows the company to manage the entire value chain, from exploration to distribution and marketing.

Over the years, CNOOC has made significant contributions to China's energy security and economic growth. Its overseas investments have expanded China's global presence and provided the country with a steady supply of energy resources. Furthermore, CNOOC's operations have helped in the transfer of technical expertise and knowledge, fostering collaboration and partnerships with international companies in the energy sector.

Founded: 1982

Headquarters: Beijing, China

Office: Al Ahmadi, Kuwait, Kuwait

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