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CNOOC Limited (0883.HK)

HKSE - HKSE Delayed price. Currency in HKD
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8.690+0.090 (+1.05%)
At close: 4:08PM HKT

CNOOC Limited

Bank of China Tower
65th Floor 1 Garden Road
Central
Hong Kong
852 2213 2500
http://www.cnoocltd.com

Sector(s)Energy
IndustryOil & Gas E&P
Full-time employees18,151

Key executives

NameTitlePayExercisedYear born
Mr. Keqiang XuCEO & Exec. Director149.9kN/A1971
Mr. Qinglong XiaPres & Exec. DirectorN/AN/A1964
Mr. Weizhi XieChief Financial OfficerN/AN/A1964
Mr. Yugao XuGen. Counsel & Compliance OfficerN/AN/A1969
Ms. Jing LiuMang. of Media & PRN/AN/AN/A
Mr. Xinjian CaoExec. VPN/AN/A1966
Ms. Sik Yu TsueJoint Company Sec.N/AN/A1973
Ms. Xiaonan WuJoint Company Sec.N/AN/A1967
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil and natural gas in offshore China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. The company operates through three segments: E&P, Trading Business, and Corporate. It produces offshore crude oil and natural gas primarily in Bohai, the Western South China Sea, the Eastern South China Sea, and the East China Sea in offshore China. The company also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2020, it had net proved reserves of approximately 5.37 billion barrels of oil equivalent. In addition, the company is involved in the issuance of bonds; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. The company was incorporated in 1999 and is based in Central, Hong Kong. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

Corporate governance

CNOOC Limited’s ISS governance QualityScore as of 26 September 2021 is 9. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 9; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.