CNOOC Limited Sees Record High Reserves and Production in 2025
CNOOC Limited Achieves Record Production and Reserves in 2025
CNOOC Limited, one of China's leading oil and gas producers, has announced impressive results for the fiscal year ending December 31, 2025. The company's net production reached approximately 2.13 million barrels of oil equivalent (BOE) per day, with a net profit attributable to shareholders amounting to 122.1 billion RMB. The firm also declared a dividend payout ratio of 45%, with an annual dividend of 1.28 HKD per share, including taxes.
CNOOC has focused on steady production growth and stringent cost control measures to enhance its competitiveness. Over the past five years, the company has discovered a total of 66 new oil and gas fields, with an average annual net production growth rate of about 8%. The net production increased to 2.13 million BOE per day, marking a significant accomplishment for the organization.
In 2025, CNOOC surpassed previous records for oil and gas reserves and was recognized as the
Topics Energy）
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