CNOOC Limited Announces Record Interim Results

CNOOC Limited (HK:0883) has released an update.

CNOOC Limited reported a significant year-on-year growth in their 2024 interim results, with net production of oil and gas increasing by 9.3% and net profit rising by 25% to RMB79.73 billion. The company’s success can be attributed to advancements in exploration, technological innovation, and efficient project development, which led to record production levels and the declaration of a historically high interim dividend of HK$0.74 per share. Additionally, CNOOC Limited focused on green development and safety management while achieving the best operating results for the same period in its history.

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