CEO on NYSE

CNOOC Limited

Chinese oil and gas company, Hong Kong-based subsidiary of CNOOC

CNOOC Limited (中国海洋石油有限公司; 中國海洋石油有限公司) is China's largest producer of offshore crude oil and natural gas, noted as such in 2010. It is a major subsidiary of China National Offshore Oil Corporation (CNOOC) and has been listed on the Hong Kong SEHK: 883 since February 2001. It was listed on the New York Stock Exchange from 2001 to 2021.3 Its revenue was $49.8 billion in 2024.1 Its shares trade on NYSE under the symbol CEO.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Aug 1999Founded1

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  • TickerCEO on NYSE1
  • Industrypetroleum industry1
  • HeadquartersHong Kong1
  • Websitewww.cnoocltd.com
  • Legal formlimited company1
  • Listed onToronto Stock Exchange (CNU), New York Stock Exchange (CEO), Hong Kong Stock Exchange (0883)1
  • Business address65Th Floor Bank Of China Tower, 1 Garden Rd, Hong Kong, F4 000005
  • Filer categoryLarge accelerated filer5
  • LEI549300XIVJCBIGMRUD484
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address65/F, Bank of China Tower, Central and Western District, Hong Kong4
  • Registered withCompanies Registry, 303190494

CNOOC Limited (中国海洋石油有限公司; 中國海洋石油有限公司) is China's largest producer of offshore crude oil and natural gas, noted as such in 2010. It is a major subsidiary of China National Offshore Oil Corporation (CNOOC) and has been listed on the Hong Kong SEHK: 883 since February 2001. It was listed on the New York Stock Exchange from 2001 to 2021. It was listed 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 2001.3

Corporate structure

CNOOC Limited is part of a group headed by State-owned Assets Supervision and Administration Commission of the State Council. 280 entities, 20 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CNOOC Limited reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$68.5B7 Dec 31, 2020$63.3B8 Dec 31, 2019+8.2%
Operating-lease assets (leased space)$1.4B7 Dec 31, 2020$1.3B8 Dec 31, 2019+6.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.7B7 Dec 31, 2020$5.2B7 Dec 31, 2019−28.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$865.0M7 Dec 31, 2020$907.0M8 Dec 31, 2019−4.6%
Raw materials5.1B CNY7 Dec 31, 20205.8B CNY7 Dec 31, 2019−12.1%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by China National Offshore Oil Corporation on Aug 1999.1

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 on the 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, 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.

In October 2024, CNOOC signed an Exploration, Development & Production Contract (EDPC) with Midland Oil Company, an Iraqi state-run oil company.

From Wikipedia’s article on CNOOC Limited, shared under CC BY-SA 4.0.6

Products and brands

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.

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.

Competition in China

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".

From Wikipedia’s article on CNOOC Limited, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Parent company

Owners

Also owns

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2024$49.8B1

Timeline

  1. Feb 28, 2001Went public Listed on Hong Kong Stock Exchange1
  2. Feb 27, 2001Went public Listed on NYSE1
  3. Aug 1999Founded Founded1

Filings

9 filings to the SEC since October 2021: 9 other. The latest 9:

  1. Nov 30, 202115F-12B EDGAR
  2. Nov 30, 20216-K EDGAR
  3. Nov 29, 20216-K EDGAR
  4. Nov 23, 20216-K EDGAR
  5. Nov 15, 20216-K EDGAR
  6. Oct 28, 20216-K EDGAR
  7. Oct 26, 20216-K EDGAR
  8. Oct 12, 20216-K EDGAR
  9. Oct 4, 20216-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How CNOOC Limited is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCNOOC LTD2
  • CIK0001095595
  • Employer ID (EIN)98-11198762
  • Filer statusLarge accelerated filer2
  • Fiscal year endsDecember 312
  • Industry code (SIC)1311 Crude Petroleum & Natural Gas2
  • Business address65Th Floor Bank Of China Tower, 1 Garden Rd, Hong Kong, F4 000002
  • Phone(852) 2213 25002
  • Shares outstanding44,647,455,984 as of Dec 31, 20207
  • On EDGAR sinceJul 25, 20012
  • Filings911 in all: 6-K (786), CORRESP (33), UPLOAD (31), 20-F (20), 424B2 (11), IRANNOTICE (8), FWP (6), 20-F/A (3)2
    All 16 form types

    F-3ASR (3), POSASR (3), 6-K/A (2), 15F-12B (1), 25-NSE (1), 424B3 (1), F-6 POS (1), F-6EF (1)

  • Latest filingsAnnual report (20-F) Apr 22, 2021