China National Petroleum Corporation (CNPC)
China National Petroleum Corporation (CNPC) is one of the largest state-owned oil and gas companies in China and is involved in the exploration, production, refining, and marketing of petroleum and petrochemical products. CNPC operates globally and has a significant presence in Africa.
CNPC has made substantial investments in Africa's energy sector, particularly in oil and gas exploration and production. The company has engaged in partnerships and joint ventures with African governments and local companies to develop oil and gas resources on the continent. CNPC's investments have been focused on countries such as Nigeria, Sudan, Angola, Chad, and Equatorial Guinea.
In Nigeria, CNPC, through its subsidiary China Petroleum Engineering & Construction Corporation (CPECC), has been involved in the development and operation of oil fields, including the OML 130 offshore block. CNPC has contributed to Nigeria's oil production capacity, supporting the country's economy and energy industry.
In Sudan, CNPC has been operating in the country's oil sector for many years. It has participated in oil exploration and production projects, contributing to Sudan's oil production and export capacity.
CNPC has also made significant investments in Angola, which is one of Africa's largest oil producers. The company has been involved in oil exploration, production, and development projects, including deep-water fields off the Angolan coast.
Founded: 1988
Headquarters: Dongcheng District, Beijing, China
Office in Africa: Ghuba Road, Oysterbay, Dar Es Salaam, Tanzania
Website: http://www.cnpc.com.cn/en/