Our Business

Our Business

 CNOOC Business Scope

China National Offshore Oil Corporation (“CNOOC”), the largest offshore oil and gas producer in China, is a state-owned company operating directly under the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China. Founded in 1982 and headquartered in Beijing, CNOOC has evolved from an upstream oil and gas company to an international energy company with promising core businesses and a complete industrial chain.

During 2014, CNOOC’s ranking in the Fortune Global 500 rose to 79, 14 places higher than in 2013. Standard & Poor’s and Moody’s continue to rank the company with credit ratings of AA- and Aa3, the highest for any Chinese corporation.

Today CNOOC businesses cover the main segments of oil and gas exploration and development, engineering and technical services, refining and marketing, natural gas and power generation, and financial services.

 

 

CNOOC takes a value-oriented approach in setting its operations across the world and strives to grow into an internationally influential company. The company moves forward with increasing oil and gas production overseas, while building its operating and management strengths.

 

CNOOC Australia Activities Illustration

CNOOC Australia Activities Illustration

 

Our Business Scope

Our main business sectors including:

  • Oil & gas exploration
  • Oil & gas field production & development
  • Natural gas processing & refining
  • Oilfield Services
  • Offshore engineering services
  • Geophysical & Geo-tech Survey
  • LNG trading & transportation

While maintaining the excellence of ongoing projects, CNOOC strives for the horizon of new business development in oil and gas industry