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CNOOC 2016: Transforming toward a Better Future
2016 was another challenging year for the oil industry. While the oil prices hit the lowest points in 13 years, CNOOC has taken a positive attitude and rebuild its cost competitiveness. It was the third consecutive year for CNOOC to promote the "Quality and Efficiency Year" program.
Golden Eagle First Oil
On November 3, 2014, the Golden Eagle Area Development Project in the UK North Sea commenced production. It marks the first true mega-project to be delivered by Nexen since the acquisition closed in February 2013. The GEAD includes development of the Golden Eagle, Peregrine and Solitaire fields. The……
100 Wishes
In July 2012, 100 wish cards from Hebei, Yunnan and Hainan were put on the wall. A pen, a pair of sport shoes, or a schoolbag- these are the wishes of the little boys and girls from the CNOOC Hope Schools. The wish cards were soon taken down by visitors to the fair, as they were ready to help the ch……
Reconstruction Project in Sichuan
CNOOC is actively involved in the natural disaster relief efforts. Since 2008, CNOOC donate RMB 100 million to the quake-hit area in Sichuan every year for the following five years, which was raised by cost saving and efficiency improvement.
Aid to Tibet: from Sea to Plateau
CNOOC started its aid to Nima County of Tibet Autonomous Region in 2002 and so far has sent 5 batches of officials, together with 5 project teams, to the county.

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