China Petroleum and Natural Gas Group Corporation (abbreviated as "China Petroleum" or "PetroChina" in Chinese) is an important state-owned backbone enterprise, a comprehensive international energy company focusing on oil and gas business, engineering and technical services, petroleum engineering construction, petroleum equipment manufacturing, financial services and new energy development, and one of the major oil and gas producers and suppliers in China.
China Offshore Oil Corporation (English name: China National Offshore Oil Corporation) is a super-large state-owned enterprise (central enterprise) directly under the State-owned Assets Supervision and Administration Commission of the State Council of China, headquartered in Beijing, with 98,750 employees and four upstream branches in Tianjin, Zhanjiang, Shanghai and Shenzhen. China Offshore Oil Corporation ranks 64th in the list of the world's top 500 enterprises in 2020 published by Fortune magazine, and 27th in the list of the top 500 Chinese brands in 20 15 sponsored by China Brand Value Research Institute.
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