Jump to content

CNOOC Limited: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
Monkbot (talk | contribs)
Bots
3,119,769 edits
m Task 18 (cosmetic): eval 8 templates: del empty params (13×); del |url-status= (1×);
 
(13 intermediate revisions by 11 users not shown)
Line 1: Line 1:
⚫
{{Short description|Chinese oil and gas company, Hong Kong-based subsidiary of CNOOC}}
{{About|the Hong Kong-based subsidiary of CNOOC|its parent company|China National Offshore Oil Corporation}}
{{About|the Hong Kong-based subsidiary of CNOOC|its parent company|China National Offshore Oil Corporation}}
⚫
{{Short description|Chinese oil and gas company, Hong Kong-based subsidiary of CNOOC}}
{{Infobox company
{{Infobox company
| name = CNOOC Limited
| name = CNOOC Limited<br/>中国海洋石油有限公司
| logo =
| logo =
| logo_size = 150px
| logo_size = 150px
Line 10: Line 10:
| native_name_lang = zh-hk
| native_name_lang = zh-hk
| type = [[Public company|Public]]
| type = [[Public company|Public]]
⚫
| traded_as = {{SEHK|883}} (from 2001)<ref name="redchip" /><br>[[Hang Seng Index|Hang Seng Index Component]] (SEHK only)
| traded_as = {{ubl
|{{SEHK|883}} (from 2001)<ref name="redchip" />
|{{NYSE|CEO}} |{{TSX|CNU}}
⚫
|<hr>|[[Hang Seng Index|Hang Seng Component]] (SEHK only) }}
| industry = Oil and gas, energy
| industry = Oil and gas, energy
| founded = August 1999
| founded = August 1999
| founder =
| founder = [[China National Offshore Oil Corporation|CNOOC]]
| defunct =
| location = {{ubl|[[Hong Kong]], [[China]] (registered office)|Beijing (''de facto'')}}
| location = {{ubl|[[Hong Kong]], [[China]] (registered office)|Beijing (''de facto'')}}
| area_served =
| area_served =
| key_people = {{unbulleted list
| key_people = {{unbulleted list
|[[Zhong Hua (CNOOC Limited)|Zhong Hua]] (CFO),
|[[Zhong Hua (CNOOC Limited)|Zhong Hua]] (CFO),
|Xia Qinglong (CEO),
|Yang Hua (Chairman and CEO),<ref name=completion>{{cite press release |title=Nexen Announces Completion of Acquisition by CNOOC Limited |url=https://finance.yahoo.com/news/nexen-announces-completion-acquisition-cnooc-223100137.html |via=Yahoo! Finance| date=25 February 2013 |access-date=15 January 2017 |archive-url=https://web.archive.org/web/20131021182311/http://finance.yahoo.com/news/nexen-announces-completion-acquisition-cnooc-223100137.html |archive-date=21 October 2013 |url-status=dead |publisher=Nexen}}{{Self-published source|reason=press release from Nexen distributed via Yahoo! Finance}}</ref>
|[[Yang Hua (businessman)|Yuan Guangyu]] (President) }}
|[[Yang Hua (businessman)|Yuan Guangyu]] (President) }}
| products =
| products =
Line 43: Line 39:
}}
}}


{{Infobox Chinese
⚫
'''CNOOC Limited''' ({{lang|zh|中国海洋石油有限公司}}) is China's largest producer of [[Offshore (hydrocarbons)|offshore]] [[crude oil]] and [[natural gas]], noted as such in 2010.<ref>{{Cite news|last=Marks|first=Jay F.|date=11 October 2010|title=Chesapeake reaches deal with Chinese company|volume=119|page=4A|work=The Oklahoman|publisher=The Oklahoma Publishing Company|issue=279|location=Oklahoma City, Oklahoma|url=https://www.newspapers.com/clip/50053288/the-daily-oklahoman/|via=Newspapers.com}}</ref> It is a major [[subsidiary]] of [[China National Offshore Oil Corporation]] (CNOOC) and has been listed in [[Hong Kong]] {{sehk|883}} and in [[New York City|New York]] {{nyse|CEO}} since February 2001. It was admitted as a constituent stock of the [[Hang Seng Index]] in July 2001.<ref name="about">{{cite web|title=About Us|url=http://www.cnoocltd.com/encnoocltd/aboutus/default.shtml|date=10 April 2013<!--from page meta-data-->|publisher=CNOOC Limited|url-status=dead|archive-url=https://archive.today/20130410171950/http://www.cnoocltd.com/encnoocltd/aboutus/default.shtml|archive-date=10 April 2013}}{{Self-published source|reason=the original page was part of CNOOC's intranet, composed by CNOOC staff.}}</ref> In September 2013 it was listed on the Toronto Stock Exchange following its acquisition of Canadian oil and gas company [[Nexen]] Inc.
|s=中国海洋石油有限公司
|t=中國海洋石油有限公司
|p=Zhōngguó Hǎiyáng Shíyóu Yǒuxiàn Gōngsī
|w=
|mi=
|y=
|j=
|order=st}}

⚫
'''CNOOC Limited''' ({{lang|zh|中国海洋石油有限公司}}) is China's largest producer of [[Offshore (hydrocarbons)|offshore]] [[crude oil]] and [[natural gas]], noted as such in 2010.<ref>{{Cite news|last=Marks|first=Jay F.|date=11 October 2010|title=Chesapeake reaches deal with Chinese company|volume=119|page=4A|work=The Oklahoman|publisher=The Oklahoma Publishing Company|issue=279|location=Oklahoma City, Oklahoma|url=https://www.newspapers.com/clip/50053288/the-daily-oklahoman/|via=Newspapers.com}}</ref> It is a major [[subsidiary]] of [[China National Offshore Oil Corporation]] (CNOOC) and has been listed in [[Hong Kong]] {{sehk|883}} since February 2001. It was listed on the [[New York Stock Exchange]] from 2001 to 2021. It was on the [[Toronto Stock Exchange]] between 2013 (following its acquisition of [[Nexen]] Inc) and 2021. It was admitted as a constituent stock of the [[Hang Seng Index]] in July 2001.<ref name="about">{{cite web|title=About Us|url=http://www.cnoocltd.com/encnoocltd/aboutus/default.shtml|date=10 April 2013<!--from page meta-data-->|publisher=CNOOC Limited|url-status=dead|archive-url=https://archive.today/20130410171950/http://www.cnoocltd.com/encnoocltd/aboutus/default.shtml|archive-date=10 April 2013}}{{Self-published source|reason=the original page was part of CNOOC's intranet, composed by CNOOC staff.|date=December 2020}}</ref>


==History==
==History==
Line 56: Line 62:
CNOOC Ltd's parent, [[China National Offshore Oil Corporation]] (CNOOC), is the third largest of the "Big Three" [[Petroleum industry in China|Chinese oil companies]], and traditionally specialised in offshore [[Upstream (petroleum industry)|upstream]] exploration and production, whereas [[CNPC]] Group specialised in onshore upstream exploration and production, and [[Sinopec Group]] specialised in refining and marketing. These distinctions are now increasingly blurred as the three companies compete in all areas. All of the "Big Three" have vested the majority of revenue producing assets in listed Hong Kong subsidiaries. CNPC into [[PetroChina]], Sinopec Group into [[Sinopec]] Limited, and CNOOC Group into CNOOC Limited.
CNOOC Ltd's parent, [[China National Offshore Oil Corporation]] (CNOOC), is the third largest of the "Big Three" [[Petroleum industry in China|Chinese oil companies]], and traditionally specialised in offshore [[Upstream (petroleum industry)|upstream]] exploration and production, whereas [[CNPC]] Group specialised in onshore upstream exploration and production, and [[Sinopec Group]] specialised in refining and marketing. These distinctions are now increasingly blurred as the three companies compete in all areas. All of the "Big Three" have vested the majority of revenue producing assets in listed Hong Kong subsidiaries. CNPC into [[PetroChina]], Sinopec Group into [[Sinopec]] Limited, and CNOOC Group into CNOOC Limited.


Through COOEC and other state owned entities, CNOOC owns and operates a number of offshore vessels, including six large [[Crane barge|crane barges]], namely "[[HYSY 202]]", "HYSY201", "Lanjing", "Blue Xinjiang", "Binhai 109", "HYSY286", "HYSY289" and "HYSY291".<ref>{{cite news |title=[New Record] World Largest Modified Semi-Submersible Vessel”Innovation Way” Float-On China first independently Designed Pipe Laying Barge |url=http://www.ccccisc.com/en/zhuyingyewu/71.html |accessdate=8 January 2019 |publisher=CCCC International Shipping Corporation |date=26 October 2018 |archive-url=https://web.archive.org/web/20190108100857/http://www.ccccisc.com/en/zhuyingyewu/71.html |archive-date=8 January 2019 |url-status=dead }}</ref><ref>{{cite web|title=Past Ongoing and future projects|url=http://www.serimax.com/assets/Track-Records-23-06-2017/PIP.pdf|date=12 December 2018|publisher=Serimax|accessdate=2 May 2020}}</ref>
Through COOEC and other state owned entities, CNOOC owns and operates a number of offshore vessels, including six large [[crane barge]]s, namely "[[HYSY 202]]", "HYSY201", "Lanjing", "Blue Xinjiang", "Binhai 109", "HYSY286", "HYSY289" and "HYSY291".<ref>{{cite news |title=[New Record] World Largest Modified Semi-Submersible Vessel"Innovation Way" Float-On China first independently Designed Pipe Laying Barge |url=http://www.ccccisc.com/en/zhuyingyewu/71.html |accessdate=8 January 2019 |publisher=CCCC International Shipping Corporation |date=26 October 2018 |archive-url=https://web.archive.org/web/20190108100857/http://www.ccccisc.com/en/zhuyingyewu/71.html |archive-date=8 January 2019 |url-status=dead }}</ref><ref>{{cite web|title=Past Ongoing and future projects|url=http://www.serimax.com/assets/Track-Records-23-06-2017/PIP.pdf|date=12 December 2018|publisher=Serimax|accessdate=2 May 2020}}</ref>


==See also==
==See also==
Line 72: Line 78:
==External links==
==External links==
* {{official website|http://www.cnoocltd.com}}
* {{official website|http://www.cnoocltd.com}}
* {{Finance links
* [http://www.wikinvest.com/stock/CNOOC,_Ltd._(CEO) Wikinvest CNOOC Ltd.]
| symbol = 883
| google = HKG:+0883
| yahoo = 0883.HK
| bloomberg = 883:HK
| reuters = 0883.HK
}}
* [http://www.wikinvest.com/stock/CNOOC,_Ltd._(CEO) Wikinvest CNOOC Ltd.] {{Webarchive|url=https://web.archive.org/web/20140417233725/http://www.wikinvest.com/stock/CNOOC%2C_Ltd._(CEO) |date=2014-04-17 }}


{{Oil and gas companies of the People's Republic of China}}
{{Oil and gas companies of the People's Republic of China}}
{{Hang Seng}}
{{Navboxes|list1=
{{Navboxes|list1=
{{Hang Seng China-Affiliated Corporations Index}}
{{Hang Seng Index}}
{{Hang Seng China 50 Index}}
{{Hang Seng China 50 Index}}
{{S&P Asia 50}}
}}
}}

{{Authority control}}


{{DEFAULTSORT:CNOOC Ltd}}
{{DEFAULTSORT:CNOOC Ltd}}
[[Category:Companies listed on the Hong Kong Stock Exchange]]
[[Category:Companies listed on the Hong Kong Stock Exchange]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Companies in the S&P Asia 50]]
[[Category:Companies listed on the Toronto Stock Exchange]]
[[Category:Companies formerly listed on the New York Stock Exchange]]
[[Category:Companies formerly listed on the Toronto Stock Exchange]]
[[Category:China National Offshore Oil Corporation]]
[[Category:China National Offshore Oil Corporation]]


Latest revision as of 07:53, 11 April 2024

This article is about the Hong Kong-based subsidiary of CNOOC. For its parent company, see China National Offshore Oil Corporation.
CNOOC Limited
中国海洋石油有限公司
Native name
中国海洋石油有限公司
Company typePublic
SEHK: 883 (from 2001)[1]
Hang Seng Index Component (SEHK only)
IndustryOil and gas, energy
FoundedAugust 1999
FounderCNOOC
Headquarters
Key people
Total assetsRMB384.26 billion[2] (2012)
Number of employees
5,377 (2013)[2] (2012)
ParentCNOOC
SubsidiariesCNOOC Petroleum North America
Websitecnoocltd.com
CNOOC Limited
Simplified Chinese中国海洋石油有限公司
Traditional Chinese中國海洋石油有限公司

CNOOC Limited (中国海洋石油有限公司) is China's largest producer of offshore crude oil and natural gas, noted as such in 2010.[3] It is a major subsidiary of China National Offshore Oil Corporation (CNOOC) and has been listed in Hong Kong SEHK: 883 since February 2001. It was listed on the New York Stock Exchange from 2001 to 2021. It was on the Toronto Stock Exchange between 2013 (following its acquisition of Nexen Inc) and 2021. It was admitted as a constituent stock of the Hang Seng Index in July 2001.[2]

History[edit]

China National Offshore Oil Corporation or CNOOC, is a state-owned enterprise based in Beijing, capital of China. In order to float most of its assets in Hong Kong stock exchange, a special purpose vehicle was incorporated in Hong Kong as an intermediate holding company, in order to transfer the control of some subsidiaries to the company. Thus, it was considered as a red chip company of the exchange,[1] due to its government background but incorporated outside mainland China. As of 31 March 2020, the company had a market capitalization of HK$363 billion.[1]

Operations[edit]

Its core domestic operation areas are in Bohai, the South China Sea, and the East China Sea. Internationally, it has oil and gas assets in Asia, Africa, North America, South America, and Oceania.[4]

As of December 31, 2011, the CNOOC Limited owned net proven reserves of approximately 3.19 billion barrel of oil equivalent (BOE), and its average daily net production was 909,000 BOE.[2]

Competition in China[edit]

CNOOC Ltd's parent, China National Offshore Oil Corporation (CNOOC), is the third largest of the "Big Three" Chinese oil companies, and traditionally specialised in offshore upstream exploration and production, whereas CNPC Group specialised in onshore upstream exploration and production, and Sinopec Group specialised in refining and marketing. These distinctions are now increasingly blurred as the three companies compete in all areas. All of the "Big Three" have vested the majority of revenue producing assets in listed Hong Kong subsidiaries. CNPC into PetroChina, Sinopec Group into Sinopec Limited, and CNOOC Group into CNOOC Limited.

Through COOEC and other state owned entities, CNOOC owns and operates a number of offshore vessels, including six large crane barges, namely "HYSY 202", "HYSY201", "Lanjing", "Blue Xinjiang", "Binhai 109", "HYSY286", "HYSY289" and "HYSY291".[5][6]

See also[edit]

References[edit]

  1. ^ a b c "List of Red Chip Companies". Statistics > China Dimension. Hong Kong Exchanges and Clearing. 31 March 2020. Retrieved 2 May 2020.
  2. ^ a b c d "About Us". CNOOC Limited. 10 April 2013. Archived from the original on 10 April 2013.[self-published source]
  3. ^ Marks, Jay F. (11 October 2010). "Chesapeake reaches deal with Chinese company". The Oklahoman. Vol. 119, no. 279. Oklahoma City, Oklahoma: The Oklahoma Publishing Company. p. 4A – via Newspapers.com.
  4. ^ "CNOOC Ltd". Bloomberg. Retrieved 9 March 2013.
  5. ^ "[New Record] World Largest Modified Semi-Submersible Vessel"Innovation Way" Float-On China first independently Designed Pipe Laying Barge". CCCC International Shipping Corporation. 26 October 2018. Archived from the original on 8 January 2019. Retrieved 8 January 2019.
  6. ^ "Past Ongoing and future projects" (PDF). Serimax. 12 December 2018. Retrieved 2 May 2020.

Further reading[edit]

External links[edit]

  • Official website
  • Business data for CNOOC Limited:
  • Wikinvest CNOOC Ltd. Archived 2014-04-17 at the Wayback Machine


Stub icon

This Chinese corporation or company article is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/w/index.php?title=CNOOC_Limited&oldid=1218360749"