China National Offshore Oil Corporation

  • Cooperation Projects

  • Introduction to Enterprises

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Cooperation Projects

China National Offshore Oil Corporation (CNOOC) is the largest offshore oil and gas producer in China. For a long time, CNOOC has worked with the Water Cellars for Mothers Project to promote access to clean water and boost local agricultural irrigation as well as animal husbandry.
In the first month of their cooperation, employees of CNOOC raised 0.6 million yuan (U.S.$92,340) in donations in a month. Thereafter, CNOOC has donated 12.8 million yuan (U.S.$ 2 million) and built 6,278 wells, assisting over 43,800 people in four provinces.
Moreover, donation boxes provided by CNOOC were placed in supermarkets, cell phone stores and hotels to raise social awareness and offer an outlet for personal donations.  Employees of CNOOC also began actively advertising the Water Cellar for Mothers project  through theatrical performances. 
In 2012, CNOOC became an official strategic partner of the project. 

Introduction to Enterprises

       CNOOC is a major national oil company in China. It was founded in 1982 and is headquartered in Beijing. The corporation has evolved from a company simply managing oil and gas to a international energy company with a complete industrial chain of oil and gas production.

       In 2013, the company's overseas business spread to more than 40 countries and regions. Overseas assets reached 40%, with overseas income accounting for 30%, and its overseas staff localization rate hitting 82%. 

In 2014, CNOOC ranked 79th in Fortune Global 500, rising 14 places compared with the previous year. The company enjoys AA- and Aa3 class national sovereign credit rating by S &P and Moodie, which is the highest rating for domestic enterprises.

The company firmly grasped the opportunity to build a national maritime power.  It has a strong foundation in oil and gas exploration, engineering, technology and service, refining and marketing, natural gas and power generation, and financial services. 

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