Business Description
CNOOC Limited is a Hong Kong-based oil and gas company that finds, develops, and sells crude oil and natural gas across the world. Its core operations focus on offshore fields in Chinese waters, including the Bohai Sea and South and East China Seas, while it also holds energy assets across Asia, Africa, the Americas, Europe, and Oceania. Beyond traditional offshore work, the company trades petroleum products and pursues unconventional energy sources such as oil sands, shale oil, and onshore natural gas in China. Founded in 1999, it operates as a subsidiary of CNOOC (BVI) LTD.