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Next Event

Q3 2019 CNOOC Ltd Operational Performance Call

Latest Developments


CNOOC Announces Issue Of US$1 Billion 2.875% Guaranteed Notes Due 2029

CNOOC Says Yuan Guangyu Resigned As Executive Director And Chief Executive Officer

Tullow Oil Announces Termination Of Farm-Down Agreement In Uganda


About CNOOC Ltd

CNOOC Limited is a Hong Kong-based investment holding company principally engaged in the exploration, production and trading of oil and gas. Its businesses include conventional oil and gas businesses, shale oil and gas businesses, oil sands businesses and other unconventional oil and gas businesses. The Company mainly operates businesses through three segments. The Exploration and Production segment is engaged in the exploration, development and production of crude oil, natural gas and other petroleum products. The Trading segment is engaged in the trading of crude oil, natural gas and other petroleum products. The Corporate segment is engaged in corporate-related businesses. The Company mainly operates businesses in China, Canada, the United Kingdom, Nigeria, Indonesia and Brazil, among others.


Oil & Gas Operations

Contact Info

No. 25, Chaoyangmen North Street


Executive Leadership

Keqiang Xu

President, Executive Director

Dongjin Wang

Vice Chairman of the Board

Weizhi Xie

Chief Financial Officer

Xinjian Cao

Executive Vice President, General Manager - CNOOC China Limited Tianjin Branch

Yuhong Xie

Executive Vice President, Chief Safety Official, Chief Geologist of CNOOC

Key Stats

1.67 mean rating - 18 analysts
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Latest News

Latest News

UPDATE 1-China's CNOOC looks to replace COSCO-linked LNG tankers after U.S. sanctions -sources

* LNG tanker rates nearly double in a week - sources (Adds chart)

China's CNOOC looks to replace COSCO-linked LNG tankers after U.S. sanctions -sources

China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company sanctioned by the United States...

China CNOOC to start pumping at large deepsea gas field at end-2021: official

China's national offshore producer CNOOC Ltd expects its major deepwater gas field Lingshui 17-2 in the South China Sea to start its first gas production at the end of 2021, a company executive said on Tuesday.

Russia's Arctic LNG-2 project to be launched in 2023 -Novatek CEO

Russia's liquefied natural gas project Arctic LNG-2 is expected to be launched in 2023, Novatek CEO Leonid Mikhelson said on Thursday.

Ugandan oil pipeline plan suspended due to collapse of Tullow-Total deal

Work on a pipeline to export Ugandan oil has been suspended, an industry official said on Wednesday, after Tullow Oil's <TLW.L> plan to sell a stake in the project to France's Total <TOTF.PA> and China's CNOOC <0883.HK> was called off last week.

China's CNOOC weathers volatile oil prices with 19% rise in first-half earnings

China's national offshore producer CNOOC Ltd <0883.HK> reported a near 19% rise in first-half profit on Thursday, as higher sales of oil and gas offset weaker global oil prices.

UPDATE 1-Tullow Oil's sale of stake in Uganda project to Total, CNOOC dropped

* Total, CNOOC did not further extend deadline for sale - Tullow

CORRECTED-Tullow Oil says Uganda stake sale to Total, CNOOC called off

Tullow Oil's sale of a stake in its planned 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said on Thursday.

CNOOC, ADNOC sign MOU on exploration, oil refining, LNG trade: state media

China National Offshore Oil Co (CNOOC) signed a memorandum of understanding (MOU) with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas (LNG) trade, state-backed China News Agency reported on Monday.

Russia's Novatek completes sales of stakes in Arctic LNG-2

Russian natural gas producer Novatek <NVTK.MM> said on Monday it had completed the sale of stakes in its Arctic LNG-2 project to China's National Petroleum Corporation, CNOOC and the Japan Arctic LNG consortium.

China CNOOC invites foreign firms to bid for South China Sea, Bohai blocks

China National Offshore Oil Corporation, or CNOOC, has issued a tender inviting foreign firms to jointly explore and produce oil and gas in the South China Sea and the Bohai Bay area, according to a statement posted on the company's website on Wednesday.

China's CNOOC may bid on more Brazil oil blocs

Chinese oil company CNOOC Ltd wants to expand in Brazil and is considering bidding in an auction of offshore exploration blocs in the pre-salt area set for later this year, the head of the firm's Brazilian unit said on Tuesday.

China's CNOOC bumps capital spending nearly 50 percent in first quarter

CNOOC Ltd's first-quarter capital spending jumped by 45.8 percent to 14.08 billion yuan ($2.09 billion), as China's national offshore producer ramped up its efforts in exploration and production.

China's CNOOC doubles net profit in 2018, best performance in four years

Chinese state oil and gas producer CNOOC Ltd delivered its best performance in four years in 2018 due to an increase in oil and gas sales prices from the previous year.

RPT-China's CNOOC explores opening up LNG terminals under reform pressure -sources

* CNOOC talking to private companies on 10-yr access to terminals

China's CNOOC explores opening up LNG terminals under reform pressure: sources

CNOOC, China's biggest operator of liquefied natural gas (LNG) import terminals, is talking to independent companies about access to its facilities after short trial leases last year, three sources with knowledge of the discussions said.

Ecopetrol to spend $500 mln on fracking over 3 years -CEO

Colombia’s state-run oil company Ecopetrol SA is looking to spend $500 million in exploring unconventional deposits over the next three years, its chief executive said on Tuesday, starting with pilot programs in the Magdalena Medio region.

CNOOC keeps crude runs rate stable at Huizhou refinery after blast

A blast at CNOOC's Huizhou refinery on Monday afternoon that killed one worker has not affected crude oil runs at the company's biggest refinery, a manager from the refinery told Reuters on Wednesday.

Anadarko signs long-term deal with CNOOC for Mozambique gas

Anadarko Petroleum Corp said on Friday a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply liquefied natural gas (LNG) from Mozambique.

UPDATE 1-Iraq signs deal with China's CNOOC for seismic surveys of two oil blocks

Iraq has signed a contract with China's CNOOC to conduct a seismic survey for two oil exploration blocks, the oil ministry said on Thursday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.