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CNOOC

CNOOC (China National Offshore Oil Corporation) is a Chinese state-owned oil and gas company specialising in offshore exploration, development and production. Headquartered in Beijing, it is one of China's three major national oil companies alongside Sinopec and PetroChina. The company operates across more than 40 countries and regions, with activities spanning exploration and production, liquefied natural gas, refining and chemicals, and new energy. CNOOC Limited, the listed subsidiary, trades on the Hong Kong and Shanghai stock exchanges and is majority-owned by the parent corporation. The group's core assets include offshore fields in the Bohai Bay, South China Sea and East China Sea, as well as international ventures in Africa, South-East Asia, the Middle East and the Americas. In Africa, CNOOC has participated in major upstream projects in Uganda, Nigeria and other jurisdictions, often in partnership with international oil majors. The company reported annual revenue exceeding $50-billion and employs tens of thousands of people worldwide. CNOOC was established in 1982 as part of China's economic reform programme to develop the country's offshore petroleum resources. It has since grown into a Fortune Global 500 enterprise and a significant player in global energy markets, with a strategic focus on securing energy supplies for China's economy.

CNOOC Updates

China revives coal-to-gas projects as energy security frays

20th April 2026 By: Bloomberg

A high-profile Chinese coal-to-gas venture that lay dormant for over a decade is set to launch this year, as part of a wave of investments that will allow Beijing to mitigate threats to fuel supply...

Stabroek block development – Hammerhead project, Guyana

23rd January 2026 By: Sheila Barradas

Construction is under way on the fifth and sixth approved projects at the Stabroek block development.

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Projects

Mercury BESS project, South Africa

12th June 2026 By: Sheila Barradas

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12th June 2026 By: Sheila Barradas

Square Kilometre Array (SKA) project, South Africa/Australia

12th June 2026 By: Sheila Barradas

Chery manufacturing plant, South Africa

5th June 2026 By: Sheila Barradas

Latest Multimedia

On-The-Air (12/06/2026)

12th June 2026 By: Martin Creamer

A generic image of solar panels, electricity pylons and wind turbines

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12th June 2026 By: Lumkile Nkomfe

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12th June 2026 By: Sabrina Jardim

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