China National Offshore Oil Corporation is China's State-owned Assets Supervision and Administration Commission directly under the large state-owned enterprises, is China's largest offshore oil and gas producers.
The company was founded in 1982 and headquartered in Beijing. After 30 years of reform and development, CNOOC has developed into a prominent industry, industrial chain integrity, business in more than 40 countries and regions of the international energy companies. The Company has formed five business segments such as oil and gas exploration and development, engineering technology and services, refining and sales, natural gas and power generation and financial services, and the ability of sustainable development has improved significantly. In 2016, the company ranked 109th among Fortune magazine's "Fortune 500 companies" rankings and ranked 30th in the rankings of Oil Weekly magazine's 50 largest oil companies in the world, up from 2015 2 digits. As of the end of 2016, the company's Moody's rating for the Aa3, S & P rating of A +.