Social Contributions_中国海洋石油有限公司

Social Contributions

Economic Contribution
Marine Rescue
Public Welfare
Employee Volunteers

We accentuate corporate value contribution, pay attention to societal needs and heated issues, and use our strength to fulfill social responsibilities conscientiously. Guided by the commitment to "Serving the Society, Creating Harmony and Benefiting the People," we have actively engaged in public welfare and charity, launched projects for supporting people's lives, and provided necessary financial and resource assistance to various groups of the society for social stability and sustainable development.

Economic contributions

We focus on high-quality development and investment efficiency, strengthening competitive cost advantages, creating economic benefits, and fulfilling our responsibilities and missions.

In 2023, we recorded oil and gas sales revenue of RMB 327.9 billion, with a net profit attributable to equity shareholders of RMB 123.8 billion. We paid RMB 99.2 billion in tax, including income tax, value-added tax, royalties, and resource tax. We created more than 21 thousand jobs worldwide, vigorously supporting local economic and social development.

Enhancement of Maritime Emergency Response Capabilities

In 2023, CNOOC Limited conducted training and drills on oil spills, firefighting, well control emergency, emergency rescue and engineering emergency maintenance, and made remarkable progress in building a marine rescue body and improving equipment capacity.

· The Dongying Oil Spill Emergency Equipment Warehouse and Dongying Maritime Emergency Rescue Center were officially inaugurated and put into operation, forming a 6-hour oil spill emergency response circle in Bohai oilfield, and further improving the emergency response speed in Bohai Bay;

· Achieved full coverage of ships at FIFI-II firefighting level in the sea areas, and 1,613 people have obtained oil and gas firefighting certification;

· Promoted the infrastructure construction of Hainan Well Control Base, which was qualified as National Offshore Oil and Gas Emergency Rescue Hainan Team;

· In 2022, Hainan Branch has been commended by the National Maritime Search and Rescue Center, the Maritime Search and Rescue Center of Hainan Province, and the Maritime Search and Rescue Subcenter of Haikou City.

Maritime Rescue

In accordance with the requirements of the National Inter-ministerial Joint Conference System of Maritime Search and Rescue and the National Inter-ministerial Joint Conference System of National Major Maritime Oil Spill Emergency Disposal, we have formulated the Work Plan for Improving Maritime Emergency Response Capacity in 2023 and the Management Plan for the Construction of Production Safety Emergency Rescue Team to provide guidance for the construction of the Company's dedicated emergency rescue team, which contributes to actively fulfilling our social responsibilities and leveraging our resources for undertaking emergency rescue.

In 2023, the Company participated in maritime rescue for 46 times, rescuing 24 ships and 206 people in distress. The rescue activities mobilized vessels 51 times and helicopters 30 times, and gained appreciation and recognition from the government 33 times.

CNOOC invested RMB 96.02 million in foreign donations and public welfare projects, including RMB 92.89 million in capital and RMB 3.13 million in material converted.

CNOOC Limited has formulated the Measures for the Administration of Charity and Public Welfare Undertakings of CNOOC Limited. The Company has established the Charity and Public Welfare Committee to prepare the annual work plan for charity and public welfare and approve budgets. Subsidiaries and branches organize and implement specific charity and public welfare activities based on the annual work plan.

Charitable Donations

• Support the Fight Against the Epidemic. In all aspects, Hainan Branch invested considerable resources in human, financial, and material. It donated anti-epidemic materials worth RMB 2.45 million.

• Make Donation to Help Students. Tianjin Branch has organized "Warm One Heart" charity donation activities for 17 consecutive years to support female students with low-income family conditions in Linyi County, Dezhou City, with a total amount of about RMB210,000, and has successively supported 28 female students. In addition, since 2021, Tianjin Branch has endorsed 12 poverty students in Hougumo Primary School of Liangshan Prefecture through the Student Aid Foundation.

• Focus on Community Education and Strengthen Infrastructure Construction. In 2022, Tianjin Branch continued its active participation in the project "Build a Beautiful Campus Together" in Binhai New Area, and donated funds to renovate the playground lawns and synthetic running tracks of Guilin Road Primary School and Xiangyang Third Primary School, thus providing high-quality, safe and eco-friendly event facilities for the students.

Rural Revitalisation

2022 witnessed positive results in poverty elimination being further consolidated and integrated into rural revitalization. The Company adhered to the working idea of "Implementing policies according to local conditions, Providing targeted assistance, Consolidating achievements and promoting revitalization" and focused on rural development, construction, and governance, entirely propelling rural revitalization for shared prosperity. During the year, the Company supported the development of characteristic regional industries, stable education and employment, infrastructure construction, and public service promotion, carried out 26 assistance projects, donated two small and medium-sized science and technology museums, and promoted science and technology culture to benefit the people.

• Nima County: Maintain "Income Generating Ability Building" Pattern to Consolidate and Expand the Achievements in Poverty Alleviation.

We have invested RMB 30 million (including RMB 10 million in 2022) to build employment and entrepreneurship service centers and cultural industry centers, which can directly benefit 250 people. We have also built animal husbandry facilities, which can enhance the production capacity of the husbandry industry; recruited unemployed medical professionals to grassroots medical institutions; carried out municipal cleaning training programs while providing jobs, vigorously promoted the employment of households out of poverty to increase income.

• Baoting County: Empower the Development of Industries with the Public Brand of Agricultural Products.

CNOOC Limited increased investment in supporting Baoting County to create the public brand "Baoting Qixian," cultivate leading enterprises, and gradually promote regional public brand construction, increasing the brand value of the particular rambutan industry from RMB 410 million to RMB 653 million.

•Devote to environmental governance and care about local people’s livelihood

We donated to Baoting County for its living environment governance and rural civilization construction, and purchased about 45,000 books for the county’s primary and middle school students. In addition, we donated to build the Baoting Micro-Agriculture Service Platform to promote public brands such as Baoting Rambutan and Baoting Jackfruit, with a focus on 10 agriculture-related enterprises.

• Wuzhishan City: Build a demonstration site for rural revitalization, strengthen the economy, and improve people's livelihood

The Company supported the characteristic and advantageous industries of Xincun, Shuiman Township, Wuzhishan City; assisted education, consumption, and infrastructure construction; carried out environmental cleaning actions; supported the development of the tea industry; promoted the integration of agricultural, cultural, and tourism resources, developed and expanded the collective economy of the village, and made the per capita annual income of Xincun rank the second in the township.

Social Contributions

Economic contributions

Charitable Donations

Rural Revitalisation

Quick Links

Address