CNOOC
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China National Offshore Oil Corporation

Company nameCNOOC
Company typeState-owned enterprise (Red chip)
IndustryOil and Gas
Founded1982
HeadquartersBeijing, China
Key peopleFu Chengyu (Chairman)
Yang Hua (CEO)
Employees4019

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China National Offshore Oil Corporation (CNOOC Group Chinese: 中国海洋石油总公司 Pinyin: Zhōngguó Háiyáng Shíyóu Zǒnggōngsī) is one of the three major national oil companies of China.

CNOOC Group is the third-largest National Oil Company (NOC) in the People's Republic of China after CNPC (parent of PetroChina, and China Petrochemical Corporation (parent of Sinopec). A subsidiary CNOOC Ltd (中国海洋石油有限公司) is listed in Hong Kong and New York Sehk - 0883, Nyse - CEO. China Oilfield Services (COSL) is a fellow subsidiary of CNOOC Limited listed in Hong Kong.

While CNPC/PetroChina originally focused on onshore upstream projects, and China Petrochemical Corp/Sinopec focused on downstream refining, CNOOC focus on the exploitation, exploration and development of crude oil and natural gas offshore of China.

CNOOC is a state-owned oil company, 70% of whose shares are owned by the Government of the People's Republic of China, and the State-Owned Assets Supervision and Administration Commission of the State Council (SASAC) performs the rights and obligations of shareholder on behalf of the government.

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Sector Update: Energy Mixed; Royal Dutch Shell, ENI, CNOOC Post Strong Results - NASDAQ Tweet this news
NASDAQ--As for -CNOOC- Ltd ( CEO ), the Chinese energy group reported its third quarter revenue rising 64% from a year ago as output increased. ... - Date : Thu, 28 Oct 2010 12:48:24 GMT+00:00
TABLE-China CNOOC Ltd's Q3 operational results - Alibaba News Channel Tweet this news
Alibaba News Channel--BEIJING, Nov 1 - China's offshore oil and gas specialist, -CNOOC- Ltd <0883.HK>, said net output in the third quarter grew by an annual 48.8 percent, ... - Date : Mon, 01 Nov 2010 04:40:30 GMT+00:00
GNPC,Cnooc Bid For Kosmos Ghana Assets Fails- Official - Wall Street Journal Tweet this news
Wall Street Journal--NEW DELHI (Dow Jones)-- State-owned Ghana National Petroleum Corp. and China's -Cnooc- Ltd. (CEO, 0883.HK) made an unsuccessful $5 billion joint bid to buy ... - Date : Mon, 01 Nov 2010 20:33:39 GMT+00:00
CNOOC commences production from BZ 29-4 oil field - Trading Markets (press release) Tweet this news
Trading Markets (press release)---CNOOC-, which is engaged in the exploration, development, production and sales of crude oil and natural gas, has announced that BZ 29-4, an independent oil ... - Date : Mon, 26 Jul 2010 09:12:43 GMT+00:00
CNOOC Huizhou Refinery resumes normal operation after tank fire on Sat. - istockAnalyst.com (press release) Tweet this news
istockAnalyst.com (press release)--27, 2010 (Xinhua News Agency) -- -CNOOC- Huizhou Refinery in Guangdong pro vince has resumed normal operation after the fire of a raw material ta nk in Daya ... - Date : Tue, 27 Jul 2010 02:49:37 GMT+00:00
BP, Chevron Agree Deal For China Offshore Block -Sources - Wall Street Journal Tweet this news
Wall Street Journal---Cnooc- Ltd. (CEO), the listed unit of China National Offshore Oil Corp., has the right to take a 51% stake in the block if the companies make a commercial ... - Date : Wed, 23 Jun 2010 09:16:56 GMT+00:00
Hong Kong gains as energy, property stocks rise - MarketWatch Tweet this news
MarketWatch--HONG KONG (MarketWatch) -- Hong Kong shares inched a bit higher early Monday, with -Cnooc- Ltd. and other energy producers rising as crude oil edged closer to ... - Date : Mon, 28 Jun 2010 02:31:18 GMT+00:00
CNOOC (CEO) Approaches New Upside Target of $173.27 - Comtex Smartrend Tweet this news
Comtex Smartrend--SmarTrend has detected shares of -CNOOC- (NYSE:CEO) have bullishly opened above the pivot of $169.77 today and have reached the first resistance ... - Date : Wed, 30 Jun 2010 15:07:30 GMT+00:00
Hong Kong Stocks Fall After US Home Sales Slump; Cnooc Drops - BusinessWeek Tweet this news
BusinessWeek---Cnooc- Ltd., China's biggest offshore oil explorer, fell 1.9 percent as crude oil declined. Bank of Communications Co. lost 1.9 percent after Fitch Ratings ... - Date : Thu, 24 Jun 2010 09:26:57 GMT+00:00
CNOOC Ltd's BZ25-1/BZ25-1South Oilfields Back to Full Production - MarketWatch (press release) Tweet this news
MarketWatch (press release)--BZ25-1/BZ25-1South oilfields, jointly developed by -CNOOC- Ltd. and Chevron, are located in the southeast part of Bohai Bay. -CNOOC- Ltd. holds 83.8% interest ... - Date : Tue, 08 Jun 2010 09:06:50 GMT+00:00

Unocal buyout attempt :
Name Location Start-up Date Capacity (mmtpa) CNOOC share
Dapeng LNG Guangdong 2006 3.7 33%
Putian LNG Fujian 2007 2.6 60%
Yangshan LNG Shanghai 2008 3.0 45%
Ningbo LNG Zhejiang 2009 3.0 51%
Hainan LNG Hainan 2009 3.0 65%
Qinhuangdao LNG Hebei 2010 2.0 N/A
Binhai LNG Jiangsu 2010+ 3.0 N/A
Yingkou LNG Liaoning 2010+ 3.0 N/A
Zhuhai LNG Guangdong 2010+ N/A N/A

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