China National Offshore Oil Company
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
China National Offshore Oil Company - overview
Established
1999
Location
Beijing, -, China
Primary Industry
Oil & Gas
About
Based in Beijing, China, and founded in 1999, China National Offshore Oil Company operates as a producer of offshore crude oil and natural gas. The company was listed on the New York Stock Exchange on 27 February, 2001, and on the Hong Kong Stock Exchange on 28 February, 2001. As of 2022, the company has more than 18,353 employees. The company's Non-executive Director, Dongjin Wang, graduated from China University of Petroleum.
From July 1995 to December 1997, he was appointed as Deputy Director-General of Jiangsu Petroleum Exploration Bureau. As of 31 December 2020, the company owned net proved reserves of approximately 5. 37 billion BOE, and its average daily net production was 1,443,201 BOE. The company has oil and gas assets in Asia, Africa, North America, South America, Oceania and Europe.
Its core operation areas are in Bohai, the Western South China Sea, the Eastern South China Sea and the East China Sea in offshore China.
Current Investors
General Enterprise Management Services, GIC, Actis
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.cnoocltd.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
China National Offshore Oil Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Announced | China National Offshore Oil Company | - | ||||||||
| IPO | Completed | China National Offshore Oil Company | - | ||||||||
| Trade Sale | Completed | Norphlet Gas Gathering Pipeline | - | ||||||||
| Trade Sale | Completed | Arctic LNG 2 Plant | - | ||||||||
| Trade Sale | Completed | Arctic LNG 2 Plant | - |
Displaying 1 - 5 of 11
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.