China National Offshore Oil Corporation
China National Offshore Oil Corporation (hereinafter referred to as "CNOOC" or "CNOOC") is a super large state-owned enterprise (central enterprise) directly under the State owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. Headquartered in Beijing, it has 98750 employees and four upstream branches in Tianjin, Zhanjiang, Shanghai and Shenzhen. China National Offshore Oil Corporation ranked the 64th in the 2020 ranking of the world's top 500 enterprises released by Fortune magazine. Ranked 27th in the 2015 China Top 500 Brands Ranking sponsored by China Brand Value Research Institute.
Since its establishment in 1982, CNOOC has successfully implemented major initiatives such as reform and restructuring, capital operation, overseas mergers and acquisitions, upstream and downstream integration, and achieved leapfrog development. Its comprehensive competitive strength has been continuously enhanced, and it has maintained a good development momentum. From an upstream company that only focuses on oil and gas exploration, CNOOC has developed into an international energy company with prominent main business and complete industrial chain, and formed oil and gas exploration and development Professional technical services, refining and chemical sales and fertilizer, natural gas and power generation, financial services, new energy and other six business sectors.
In August 2016, CNOOC ranked 22nd among the top 500 Chinese enterprises in 2016. On July 12, 2017, China National Offshore Oil Corporation (CNOOC) was awarded Grade A in the 2016 annual business performance assessment by the SASAC. No. 87 on the Fortune Global 500 list in 2018. In the Forbes 2018 Global Best Employers List, CNOOC Oil Level ranked sixth. On December 5, Yuan Guangyu, CEO of CNOOC, won the Best CEO of Listed Company at the 8th Hong Kong International Financial Forum and China Securities Golden Bauhinia Award. Grade A enterprise in 2020's business performance assessment of the person in charge of central enterprises.
