China National Offshore Oil Corporation

China National Offshore Oil Corporation (CNOOC) is a major Chinese company that explores, develops, and produces oil and natural gas mainly offshore, or beneath the ocean floor. As one of China's largest energy companies, it focuses on securing energy resources, both within China and internationally. CNOOC also invests in refining and related industries to support China's energy needs. Its operations help ensure a steady supply of oil and gas, contributing to China's economic growth and energy security. The company is state-owned, meaning it is owned and operated by the Chinese government.