CNOOC Group Co., Ltd

CNOOC CNOOC

CNOOC is a super large state-owned enterprise directly under the state owned assets supervision and Administration Commission of the State Council and the largest offshore oil and gas producer in China. The company was founded in 1982 and headquartered in Beijing. Since its establishment, CNOOC has maintained a good development trend, from an upstream company solely engaged in oil and gas exploitation to an international energy company with prominent main business and complete industrial chain.

In 2013, the company's overseas business has spread to more than 40 countries and regions, with the proportion of overseas assets reaching 40%, the proportion of overseas income reaching 30%, and the localization rate of overseas employees reaching 82%. The transnational index is marching towards the world-class company. Ranked 93rd in Fortune magazine's "world top 500 enterprises", up 8 places from 2012. The company continues to enjoy the AA - and aa3 national sovereign credit rating granted by S & P and Moody's, which is the highest rating of domestic enterprises.

The company firmly seizes the new opportunities brought by China's construction of "maritime power", actively responds to the challenges and difficulties encountered in the development, closely centers on the "second leap forward" development outline, speeds up the transformation of economic development mode, promotes the adjustment of industrial structure, and constantly improves the development quality and efficiency. Now, the company has formed oil and gas exploration and development, engineering technology and services, refining and marketing, and natural gas industry Gas and power generation, financial services and other business sectors have laid a solid foundation for the early establishment of a world-class energy company.

The first historic leap forward

Over the past 30 years since the founding of CNOOC, under the correct leadership of the Party Central Committee and the State Council, generations of CNOOC people have always kept in mind the lofty mission of "I contribute oil to our motherland", actively implemented the national development strategy, earnestly fulfilled the major responsibilities of state-owned enterprises, and firmly accelerated development and deepened reform. The development of CNOOC has achieved a historic leap forward. Standing at the new starting point of development, CNOOC Party group adheres to the main theme, keeps in mind the mission of state-owned enterprises, puts forward the strategic concept of "second leap forward", vigorously promotes the construction of world-class energy companies, strives to be stronger and better, and makes new contributions to ensuring national energy security and promoting the sustained and rapid development of national economy.

CNOOC's 30-year historic leap is an epitome of China's great achievements in reform, opening up and socialist modernization. In the past 30 years, under the guidance of the party and the state's principles and policies, China's offshore oil industry has undergone earth shaking changes. The annual oil and gas production of CNOOC has increased from 90000 tons at the beginning of its establishment to more than 50 million tons at present. The "offshore Daqing Oilfield" has been successfully built, which has effectively guaranteed the national energy security. In 2011, the company's total profit exceeded 100 billion yuan, and its main business quality and benefit indicators maintained the excellent level of the same industry at home and abroad, ranking 162nd among the world's top 500 enterprises and 34th among the world's top 50 oil companies. The industrial pattern of integration of upstream, middle and downstream has been formed, the framework of modern enterprise system has been basically completed, and a relatively complete offshore oil industrial system has been initially established. We have independently developed semi submersible drilling platforms, making substantial progress in deepwater strategy. With the continuous improvement of internationalization, overseas asset investment involves 19 countries, accounting for 1 / 3 of the company's total income. The development achievements of CNOOC have eloquently proved that reform and opening up is the key choice to determine the fate of contemporary China and the only way to develop socialism with Chinese characteristics and realize the great rejuvenation of the Chinese nation.

CNOOC's 30-year historic leap is realized under the guidance of the theoretical system of socialism with Chinese characteristics, which highlights the great practical power of the party's innovative theory. Over the past 30 years, CNOOC has always insisted on arming the mind, guiding practice and promoting work with the latest achievements of Sinicization of Marxism, consciously integrating the party's and state's principles and policies into the enterprise's development strategy and planning, and ensuring the correct direction of the company's development. We should firmly grasp the first priority of development, constantly improve the core competitiveness, thoroughly implement the scientific outlook on development, accelerate the transformation of the development mode, adhere to emancipating the mind, seeking truth from facts, keep pace with the times, actively explore the development mode in line with our own reality, continue to build the unique advantages of the company's development, and walk out of a vigorous development road.

CNOOC's 30-year historic leap is a vivid interpretation of the strong vitality of state-owned enterprises and a vivid example of the achievements of the reform and development of state-owned enterprises. Over the past 30 years, CNOOC has been the vanguard of deepening reform and accelerating development of state-owned enterprises, thoroughly implemented the central government's policy on the reform of state-owned enterprises, and has taken the lead in exploring and trying in the separation of two powers, reorganization and listing, transformation of existing enterprises, reform of employment and salary system, and establishment of modern enterprise system, becoming a model of reform and innovation of state-owned enterprises. Up to now, CNOOC has discovered nearly 4 billion tons of geological reserves, produced 585 million tons of oil and gas, and paid more than 360 billion yuan in taxes and fees. It has fully played the backbone role of central enterprises in promoting social employment and promoting the development of related industries, and made positive contributions to consolidating the socialist economic foundation, ensuring national energy security, ensuring and improving people's livelihood, and promoting social harmony .

Second leap

In 2010, CNOOC made its first great leap forward and successfully built "offshore Daqing Oilfield". In 2011, CNOOC put forward the "second leap forward" development program, striving to build itself into an international first-class energy company by 2030 and create more brilliance. "Second leap" is a new leap of development concept, development mode and development quality, a new leap of quantity and quality, scale and efficiency, a new leap of hard power and soft power, a new leap of system mechanism and technological innovation, a new leap of scientific management and cultural construction, and a new leap of common development of enterprises and employees.

In order to implement the spirit of the latest instructions of the central government on the development of offshore oil industry, the "CNOOC" Party group put forward the strategic concept of "two leaps" and formulated the "China National Offshore Oil Corporation's" two leaps "development outline (2011-2030)". "Two leaps" is rich in connotation and inspiring: by 2020, it will enter the ranks of the world's strongest oil companies, basically build into a world-class energy company, and become a multinational company with efficient governance, scientific management, advanced technology, advanced culture, all-round development of employees and high sense of social responsibility; by 2030, it will maintain the position of the world's strongest oil companies and its main business indicators The company's soft power index has reached the international first-class level, and it has fully built itself into an international first-class energy company. It has become a global company with national confidence, people's satisfaction, social recognition, market recognition, respect for shareholders, pride of employees, high sense of social responsibility and international influence.