December

CNOOC Limited was crowned as The Best Managed Chinese Company in 2001 by Asia Money.
CNOOC concluded the previous year with total revenue of RMB 27.6 billion, net profit of RMB 9.6 billion and paid taxes of RMB 4.3 billion. It's production reached 23.29 million tons (overseas share oil included). Besides, CNOOC realized 7 new discoveries, completed appraisal for 10 oil/gas bearing structures, which brought its replacement ratio up to 131%.

December 29

President Wei Liucheng was selected as one of the Ten Economic Figures of 2001 in China.

December 28

CNOOC was selected as the Most Influential Enterprise of 2001 in China.

November 9

The H platform of Suizhong 36-1 oilfield (Phase II) started production. Up to date, the six production platforms have been all brought to production, which signified the full-scale production of the oilfield as planned. Suizhong 36-1 oilfield is the largest offshore oilfield developed by CNOOC Limited independently.

October 31

CNOOC Oilfield Services Ltd. and CNOOC Shipping Ltd. were incorporated. CNOOC has reshuffled its specialty services subsidiaries into three service groups.

October 10

Chinese State Council promulgated the revised Regulation of the People's Republic of China on the Exploitation of Offshore Petroleum Resources in Cooperation with Foreign enterprises. The revised edition of the regulation reconfirmed CNOOC's exclusive rights in conducting cooperation with foreign partners in the exploration and development of oil and gas offshore China.

October 8

QHD 32-6 oilfield was brought on stream ahead of the schedule. Phase I was consisted of wellhead platform A and B, single point mooring system and FPSO, with an annual oil production capacity of 1.2 million cubic meters.

September

CNOOC was assigned BBB and Baa2 from Standard & Poor's and Moody's Investors Service respectively, which were both the highest credit ratings for Chinese enterprises, unprecedented for SOEs particularly.

July 23

The Hang Seng Services announced that CNOOC Limited had been included as a constituent company to the Hang Seng Index, effective from July 31, 2001. CNOOC Limited entered hang Seng Index in record time thanks to its outstanding performance in the stock market.

February 27 and 28

CNOOC Limited was successfully listed in New York and Hong Kong Stock Exchange. CNOOC Ltd. made its trading debut in New York Stock Exchange on February 27, with per American Depository Share closed at US$16.12, up 4.6 percent from the offering price of US$ 15.40. Also, shares of CNOOC Ltd. had a strong debut after being listed in Hong Kong Stock Exchange on February 28, hitting an intraday high of HK$7.10 and closing at HK$7.00, 17.67 percent higher than the initial public offering price of HK$5.95. CNOOC Limited collected proceeds of $1.26 billion from the IPO.

February 1

Standard & Poor's assigned CNOOC Limited BBB.

January 31

Moody's Investors Service awarded CNOOC Limited a credit rating of Baa2.