CNOOC
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CNOOC Limited manages China’s offshore oil and gas exploration and production activities, in partnership with international oil and gas firms. Under Chinese government-regulated production sharing contracts, CNOOC Limited has the sole right to acquire up to 51% of any successful discovery offshore China made by foreign partners. CNOOC Limited has 2.6 billion barrels of oil equivalent in estimated proved reserves, primarily in the South China Sea. CNOOC Limited is also engaged in oil refining, natural gas processing, and refined products marketing. The oil producer has a net production of 469.4 barrels of oil equivalent per day. CNOOC Limited is 64%-owned by China National Offshore Oil Corporation.
0.03
Overall Excellence Rating
Industry
Gas & Mining, OilCategory
ManufacturingESG/Ethical Impact
CNOOC has taken steps to reduce its emissions and the company has implemented energy-saving measures, resulting in a reduction of 275,710 tons of standard coal equivalent in 2022. It has also invested in environmentally friendly technologies and promoted more environmentally responsible practices. As a member of the global contract and a main promoter of the “Energy Revolution”, CNOOC has carried out the principle of “Innovation, Coordination, Green, Open and Sharing” and practiced the idea of “Lucid Waters and Lush Mountains are Invaluable Assets”. We integrate environmental protection into the whole business and strive to reduce the impact of enterprise production and operation on the environment in order to achieve the harmonious development between man and nature, and provide more quality energy products to meet people’s growing needs of the beautiful ecological environment.
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Awards Received
2023
Revenues
14326000000.00
Website Traffic
Employee Rating
3.30
Customer Rating
4.00
Company Size
10000+
ESG Risk Rating
1.00