6.31
-0.94%
Close of 9 Nov 2026, in CNY
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About Offshore Oil Engineering Co
Its shares trade on Shanghai under the ticker 600583.SS. It has been listed since 5 February 2002. In the fiscal year to 31 December 2025, it reported revenue of CN¥27.08bn and net income of CN¥2.08bn. At that date it held total assets of CN¥49.39bn and shareholders' equity of CN¥26.58bn.
Offshore Oil Engineering Co., Ltd. engages in the provision of offshore engineering services. The company is headquartered in Tianjin, Tianjin. The company went IPO on 2002-02-05. The firm is a general contracting company integrated with offshore oil and gas development project design, land production, offshore installation, commissioning and maintenance, and liquefied natural gas (LNG) refining projects. The firm mainly operates its projects in South China Sea, Bohai Sea, the east china sea and other overseas districts.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 5 Feb 2002
- Employees
- 9,614
- Website
- cnoocengineering.com ↗
Leadership
Pay as last reported
- Mr. Zhangling WangChairman of the Board, since 2020CN¥1.3m
- Mr. Lei PengPresident, Director, since 2022CN¥1.0m
- Mr. Huaiyu CaiChief Financial Officer, General Counsel, Secretary of the Board
- Mr. Chao ZhangExecutive Vice President
- Mr. Dayong WangVice PresidentCN¥293,300
- Mr. Huifeng WangVice President, Chief EngineerCN¥979,400
- Mr. Haitao ZhangVice PresidentCN¥997,300
- Mr. Yiyong LiuDirector
- Mr. Wei XinIndependent DirectorCN¥128,000
- Mr. Wenxiang XingIndependent DirectorCN¥128,000
- Mr. Zhongliang ZhengIndependent DirectorCN¥128,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 67
- Environment
- 57
- Social
- 75
- Governance
- 69
- Direct emissions (scope 1)
- 371,385.02 t
- Energy emissions (scope 2)
- 116,617.82 t
- Women in the workforce
- 17.31474%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Offshore Oil Engineering Co Ltd operates in South China Sea with 9,614 employees providing integrated offshore services.
- The company's LNG refining projects are a key strength in the Energy sector.
- Integrated design, production, and maintenance services cover Bohai Sea and East China Sea operations.
Weaknesses
- Limited overseas project presence beyond South China Sea and Bohai Sea regions.
- No mention of diversification into other energy sectors like renewable energy.
- IPO date 5 February 2002 indicates a long-standing but possibly outdated business model.
Opportunities
- Expanding LNG refining projects in South China Sea could increase market share.
- Growing demand for offshore engineering services in East China Sea regions.
- Potential for international expansion into new overseas districts beyond current operations.
Threats
- Overreliance on South China Sea and Bohai Sea for project execution.
- Competition from other Energy sector firms in East China Sea operations.
- Possible regulatory changes affecting offshore oil and gas development projects.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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