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CNOOC Limited

@cnoocltd.com

The Company is the largest producer of offshore crude oil and natural gas in China and one of the largest independent oil and gas exploration and production companies in the world.

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About

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CNOOC Limited is an oil and gas exploration and production company based in China. It is one of the three major oil companies in the country and operates primarily in offshore exploration and development. Established in 1982, CNOOC Limited is a subsidiary of China National Offshore Oil Corporation (CNOOC), which is the largest offshore oil and gas producer in China.


Headquartered in Hong Kong, the company has regional offices in key cities such as Beijing, Shanghai, and Tianjin. CNOOC Limited's main products and services include the exploration, development, and production of crude oil and natural gas. The company operates in China's offshore Bohai Bay, western South China Sea, eastern South China Sea, and the East China Sea.


It also has operations in various international locations including Nigeria, Indonesia, Australia, Thailand, and others. The company has noteworthy subsidiaries, joint ventures, and partnerships. Some of its subsidiaries include CNOOC China Limited, CNOOC International Limited, and CNOOC Engineering.


It has several joint ventures with international companies, including partnerships with Chevron, Royal Dutch Shell, and BP. In terms of market position, CNOOC Limited is a key player in the global oil and gas industry. It is the largest offshore exploration and production company in China and ranks among the top global oil companies.


It has a strong presence in Asia-Pacific and has made significant investments in overseas operations to expand its global footprint. CNOOC Limited has achieved several milestones and accomplishments over the years. In 2019, the company announced a significant discovery in the Bohai Sea, with estimated reserves of over 100 million metric tons of oil and gas.


It has also actively pursued acquisitions and partnerships to enhance its exploration and production capabilities. As for its current status, CNOOC Limited continues to focus on expanding its resource base and optimizing production. The company has been actively exploring new opportunities in the energy sector, including renewable energy projects such as wind and solar power.


It is committed to sustainable development and adheres to high environmental and safety standards in its operations. In conclusion, CNOOC Limited is a leading oil and gas exploration and production company based in China. With a strong market position and a global presence, the company continues to play a significant role in the energy industry

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