CNOOC Energy Technology & Services Ltd. Stock Analysis 600968.SS

CNOOC Energy Technology & Services Ltd. engages in the provision of energy technology services, floating production storage and offloading (FPSO) production technology services, energy logistics services, safety, environmental protection and energy saving products and services. The company is headquartered in Beijing, Beijing and currently employs 14,436 full-time employees. The company went IPO on 2019-06-26. The firm operates three segments. The Energy Technology Services segment mainly focuses on the oil and gas field production phase, including oilfield engineering technology, equipment manufacturing and maintenance, and oil production. The Low-Carbon, Environmental Protection and Digitalization segment mainly includes new energy, safety and environmental protection, digital technology, and new materials, providing customers with technical services such as integrated new energy, industrial water treatment, digital intelligence technology, green coatings, new chemical materials, and carbon capture, utilization and storage (CCUS). The Energy Logistics Services segment mainly includes sales and supply chain support, providing support and guarantee services, including by-product sales, logistics and transportation, terminal bases, and onshore catering.