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The relationship between Fu Nan and CNOOC
China Nanhai Petroleum Joint Service Company (hereinafter referred to as Nanfu Company) is a state-owned enterprise wholly owned and managed by Guangdong State-owned Assets Supervision and Administration Commission. The company mainly provides comprehensive technical and logistics support for China's energy exploration, development and production in the South China Sea. China Offshore Oil Group Co., Ltd. (hereinafter referred to as CNOOC) is directly under the State-owned Assets Supervision and Administration Commission of the State Council of China, and is recognized as a super-large state-owned enterprise (that is, a central enterprise). Focus on the exploration, development and production in deep-water and ultra-deep-water areas, and strive to ensure the energy security of China, which is highly dependent on foreign countries.
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