CNOOC Limited · Hong Kong(NYSE: CEO)
Company Description
Phone: +852-2213-2500
Fax: +852-2525-9322
Rankings
- Hang Seng
- #75 in FT Global 500
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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. In 2007 CNOOC Limited had 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 . To read the full description, subscribe now.
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CNOOC Limited Reports
Key CNOOC Limited Financials
| Company Type | Public - NYSE: CEO Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 4,019 |
CNOOC Limited Executives
22 executives listed for CNOOC Limited's Hong Kong location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Chengyu Fu | |
| President, CFO, and Director | Hua Yang | |
| President and Director | Fanrong Li |
Competition
Competitive Landscape for CNOOC Limited
Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, and power generation. The profitability of individual companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per worker is about $300,000. To read the full description, subscribe now.
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