
China National Offshore Oil Corporation (CNOOC)
China National Offshore Oil Corporation (CNOOC) is a major state-owned company in China that explores, extracts, and markets oil and natural gas, mainly from offshore (sea) locations. As one of China's largest energy producers, it plays a key role in supplying the country's energy needs. CNOOC invests in offshore drilling platforms, offshore oilfields, and related infrastructure worldwide. Its operations help China diversify its energy sources and reduce reliance on imported fuels, while also participating in global energy markets. The company combines advanced technology with significant resources to extract hydrocarbons from beneath the ocean floor.