China National Offshore Oil Corporation (“CNOOC”), the largest offshore oil & gas producer in China, is a mega s tate-owned company operating directly under the State-owned Assets Supervision and Administration Commission of the StateCouncil of the People’s Republic of China.
The Company was founded in 1982 and is headquartered in Beijing. After 30 years of reform and development, CNOOC has become an international energy company with highlighted main industry, complete industrial chain, and operations covering more than 40 countries and regions. The Company has formed oil & gas exploration and development, engineering & technical services, refining and marketing, natural gas and power generation, financial services - five main business segments, and its sustainable development capacity has been significantly improved. In 2015, the Company ranked 72nd among the Global top 500 Enterprises in the Fortune magazine; ranked 30th among the world’s largest 50 oil companies in the Petroleum Intelligence Weekly magazine in 2016.