Case Categories

Growth Strategies Case Study

IBS CDC IBS CDC IBS CDC IBS CDC RSS Feed
Case Title:

CNOOC: Growth Strategies of the Chinese Oil Giant

Publication Year : 2005

Authors: Durjoy Roychowdhury, Sumit Kumar Chaudhuri

Industry: Oil and Natural Gas

Region:China

Case Code: GRS0062

Teaching Note: Not Available

Structured Assignment: Not Available

Buy This Case Study
OR





Abstract:

In early 2005, CNOOC (Chinese National Offshore Oil Corporation) had turned the heads of the global oil league by bidding for Unocal, the seventh largest US oil and gas exploration company. CNOOC was incorporated in 1982 with 50 billion Renminbi to take up offshore explorations both independently and in collaboration with foreign companies. CNOOC later diversified into natural gas explorations, technical services, chemical and fertiliser production, power generation and financial services. In the process, CNOOC has attained market capitalisation of more than US$17 billion, with proven oil reserves of two trillion barrels of oil equivalent across the globe, which will ensure a production of 250 million barrels of oil equivalent till 2010.

Pedagogical Objectives:

  • To highlight the strategies adopted by CNOOC, to become one of the major players in the Chinese oil industry
  • To discuss the strategies that the company must adopt to cement its place in the global oil league.

Keywords : Global oil and gas exploration industry; Chinese oil industry; Growth Strategies Case Study; Oil companies in China; Growth of oil consumption in China; Oilfields in China; Chinese National Offshore Oil Corporation’s (CNOOC) bid for Unocal; Acquisitions of CNOOC; Largest oil consuming countries in the world; National champions in China; Sinopec; Petrochina

Contents : 
CNOOC and the Chinese Oil Industry
CNOOC: Growth on Domestic and Global Front
Challenges Ahead
Largest Oil Consuming Countries in the World

Recently Bought Case Studies

    Recently Bought Case Studies
advertisement

    Executive Interviews

  • David ConklinDavid Conklin

    David Conklin, is a professor at the Richard Ivey School of Business
    Speaks on Government and Business
  • Lord Meghnad DesaiLord Meghnad Desai

    Lord Meghnad Desai, is an Indian-born British economist and Labor politician
    Speaks on Government and Business
  • Vijay GovindarajanVijay Govindarajan

    Vijay Govindarajan, is widely regarded as one of the world’s leading experts on strategy and innovation
    Speaks on Reverse Innovation
  • View All Executive Interviews»






Contact us: IBS Case Development Centre (IBSCDC), IFHE Campus, Donthanapally, Sankarapally Road, Hyderabad-501 504, Andhra Pradesh, INDIA.
Mob: +91- 9640901313, Phone: +91 - 08417 - 236672, Fax : + 91 - 08417 - 236674
E-mail: casehelpdesk@ibsindia.org

©2003-2010 IBS Case Development Centre. All rights reserved. | Careers | Privacy Policy | Terms of Use | Disclosure | Site Map xml sitemap