CNOOC Limited Sets New Production and Reserve Records in 2025, Ensuring Strong Profitability
CNOOC Limited's Outstanding 2025 Performance
CNOOC Limited has recently unveiled its annual results for 2025, marking an impressive year in terms of production and reserves. The company's net production reached approximately 2.13 million BOE per day, demonstrating a solid increase in efficiency and output capacity. With a net profit attributable to equity shareholders amounting to RMB122.1 billion, CNOOC showcases robust profit resilience amidst challenging market conditions. The company approved a dividend payout ratio of 45%, offering a total annual dividend of HK$1.28 per share.
Production Growth and Cost Control
CNOOC's strategic approach focuses on steady production growth while implementing strict cost control measures to enhance its competitive edge. Over the past five years, the company has celebrated a total of 66 new discoveries, achieving a CAGR of approximately 8% in net production. The net production in 2025 hit 2.13 million BOE per day, while the net profit for equity shareholders stood at RMB122.1 billion.
Earning accolades from industry experts, CNOOC was recognized by Wood Mackenzie as the
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