CNOOC Limited (0883.HK)

11.340 -0.160 (-1.39%) At close: 04:08PM HKT

CNOOC Limited

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

Sector(s): Energy
Industry: Oil & Gas E&P
Full Time Employees: 18,887

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Qinglong Xia	Pres & Exec. Director	71.4k	N/A	1964
Mr. Xinhuai Zhou	CEO & Exec. Director	N/A	N/A	1970
Mr. Weizhi Xie	Chief Financial Officer	N/A	N/A	1964
Mr. Yugao Xu	Gen. Counsel, Compliance Officer & Joint Company Sec.	N/A	N/A	1969
Ms. Jing Liu	Mang. of Media & PR	N/A	N/A	N/A
Mr. Xinjian Cao	Exec. VP	N/A	N/A	1966
Ms. Sik Yu Tsue	Joint Company Sec.	N/A	N/A	1973

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through three segments: E&P, Trading Business, and Corporate. The company 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. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. In addition, the company is involved in the bond issuance; sale and marketing of petroleum and natural gas; and surface exploration and sale of coalbed methane. CNOOC Limited operates in China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, Australia, and internationally. 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 March 1, 2023 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 7; Compensation: 3.

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 a 10 indicates higher governance risk.