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  7. Offshore Oil Engineering
Company logo

Offshore Oil Engineering | Sustainability Performance

https://www.cnoocengineering.com/

Delivers offshore engineering, procurement, and construction services. Its expertise covers subsea pipelines, offshore platforms, and specialized facilities for large-scale energy projects.

2000

China

5,001 - 10,000 employees

Oil & Energy

$1B - 10B in revenue

$100M - 500M in profitability

Submit or report inaccurate dataDownload Company Insights

Sustainability Ranking & Industry Benchmark

#13112
Overall
#1028
in China
#350
in Oil & Energy

Sustainability Maturity

​​0123456789​​%

Sustainability Intent

Available in
Scale package

Access
​​0123456789​​%

Industry Rank

355 out of 425

Overview
Environmental
Carbon emissionsEnergy consumptionWater ManagementAir & land impactNature and biodiversityClimate risk
Social
Diversity and InclusionPay GapsHealth and SafetyExternalities
Governance
TargetsSDG ImpactESG scores and Exclusions
Financial Data
Business performanceCapital & innovationAnalyst projections

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Female employees

22% 2024
Laggard

Externalities

22.5M $, 2024
Aligned

Market cap

25.3B $, 2026▼9.1% YoY

Revenue

30.0B $, 2024▲2.7% YoY

R&D intensity

4.1% 2024

Renewable energy

Reveal data for 1 credit
%2023

Industry rank: Beyond Top 100


Total energy consumption
and % renewables
(MWh, % of consumption)

Industry rank: Beyond Top 100

Total energy

Share of renewable energy

Industry benchmark

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Renewable electricity

Reveal data for 1 credit
%2023

Industry rank: Beyond Top 100


Total electricity consumption
and % renewables
(MWh, % of consumption)

Industry rank: Beyond Top 100

Total electricity

Share of renewable electricity

Industry benchmark

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Intensity


Energy consumption (direct) intensity (MWh /$M)
Water consumption intensity (m³ /$M)
Industry Benchmark

353.5

B/M 156.1

394.8

B/M 377.1


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Female employees

Reveal data for 1 credit

Share of female employees (%)

25
50
75
100
Company
Benchmark
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Controversy level


Very Low
Low
Noticeable
High
Severe
Download Controversy Analysis
  • Offshore Oil Engineering Co Ltd (COOEC, CNOOC subsidiary), Chinese statecontrolled offshore oil engineering EPC, has faced sustained scrutiny over CNOOC parent's operations in sanctioned jurisdictions affecting US OFAC compliance pressure, plus the contested historic 2024 sustained scrutiny over Chinese statesupported offshore oil engineering customer concentration affecting Chinese institutional ESG investor concerns over CNOOC group's broader operations.
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Carbon emissions breakdown

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Energy consumption breakdown

Reveal data for 2 credits

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20192020202120222023Benchmark
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Climate risk

OverallAcuteChronic
Reveal data for 20 credits
Unlock Acute & Chronic
15 assets assessed
ScenarioComing soon
58Moderate
$4.4Testimated revenue at risk
Thematic risk scoresESRS aligned scoresComing soon
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Biodiversity loss in km²

Reveal data for 2 credits

Biodiversity loss in terms of the equivalent land affected (km²e)

Total biodiversity loss (km²e)
Industry benchmark
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Biodiversity loss in CO2e

Reveal data for 2 credits

Total biodiversity loss as CO2e tonnes

Total biodiversity loss (CO2e tonnes)
Industry benchmark

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Potential species loss

Reveal data for 2 credits

Estimated nature species lost due to corporate activity, expressed as Potentially Disappeared Fraction (PDF)

One row per year, with the latest at the top. Each driver uses its own scale.

Low ImpactHigh Impact
Industry benchmark
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Biodiversity impact

Reveal data for 2 credits

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PDF: Potentially Disappeared Fraction (of species) due to corporate activities

Waste management

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Water management

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Air pollution

Reveal data for 2 credits

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Land use

Reveal data for 2 credits

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Diversity & inclusion

Reveal data for 3 credits

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Pay gap breakdown

Reveal data for 1 credit

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Health & safety

Reveal data for 2 credits

KPIMetricYear
20192020202120222023Benchmark
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Externalities

Reveal data for 1 credit

KPIMetricYear
20202021202220232024Benchmark
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Market cap

25.3B $, 2026▼9.1% YoY

Revenue

30.0B $, FY2024▲2.7% YoY

EBITDA

2.2B $, FY2024▼9.1% YoY

Operating margin

7% Industry: 16▼34.5% YoY

P/E ratio

11.2 Industry: 18▲45.3% YoY

Revenue & EBITDA

$30.0BFY2024 revenue

Total Annual
Revenue & EBITDA
($ B)

Annual revenue
EBITDA
3 year change
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Margin trends


Margin as % of revenue

Gross margin
Operating margin
Net margin

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Free cashflow

2.9B 2024▲47.4% YoY

Capex

947.0M 2024▼10.6% YoY

Debt/equity ratio

0.1 Industry: 1▼NaN% YoY

R&D intensity

4.1%FY2024

R&D as % of revenue

Return on invested capital (ROIC)
Industry benchmark

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Return on invested capital

8.0%FY2026

Return on invested capital (ROIC)
Industry benchmark

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Analyst revenue estimates & actuals


Analyst consensus vs actuals
($ B)

Actual revenue
Consensus estimates
Estimate only

29.4

▲ 16.6%

2022

30.8

▼ 7.8%

2023

30.0

▼ 7.4%

2024

36.0

2027

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Environmental policy coverage

Carbon reduction policy

Not available

Human rights policy

Available

Recycling policy

Not available

Workplace health & safety policy

Available

27%
Independent Directors

3 out of 11 incl. management

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Overall score

67

Environment

57

Social

75

Governance

69

Exclusion screening

Adult content

Not available

Alcoholic

Not available

Animal testing

Not available

Firearms

Not available

Tobacco

Not available

Gambling

Not available

Nuclear

Not available

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SDG impact

Reveal data for 5 credits
2024

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SDG impact (historical)

Reveal data for 5 credits

KPIMetricYear
20192020202120222023Benchmark
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Reporting

sustainability report symbol

Sustainability Report

Available

Not committed to key sustainability initiatives

Sustainability employees


Total sustainability employees

2-3


    Available in
    Scale package

    Access
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