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15. CNOOC Ltd

Company Info

State or country

Hong Kong

Geographical Location

Asia-Pacific

Assets

$50,464 mil

Revenues

$27,280 mil

Profits

$8,175 mil

Return on invested
capital (ROIC)

24%

3 yr CGR % Revenues

26%

Company data as of 6/01/2011 provided by S&P Capital IQ

Company Snapshot

CNOOC Limited, through its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products.

Its oil and natural gas properties are located in offshore China, which include Bohai Bay, western south China Sea, eastern south China Sea, and east China Sea, as well as in Indonesia, Iraq, and other regions in Asia; and Oceania, Africa, North America, and South America.

As of December 31, 2010, the company had net proved reserves of approximately 2.99 billion barrels-of-oil equivalent, including approximately 1.92 billion barrels of crude oil and 6,458.3 billion cubic feet of natural gas. It also provides bond issuance services.

The company is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

Data provided by


Yang Hua
TITLES:
Vice Chairman and Chief Executive Officer
Data provided by

Top 250

15. CNOOC Ltd

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