CNOOC New Energy Co., Ltd. was established with a registered capital of 1 billion yuan.

According to the business information on Tianyancha, on February 6th, China Offshore Oil New Energy Co., Ltd. was established, with Zhang Chuantao as the legal representative and a registered capital of 1 billion RMB. Its business scope includes contract energy management, power generation business, power transmission business, power supply business, installation, maintenance, and testing of transmission, distribution, and power receiving facilities. Shareholder information shows that the company is wholly owned by China Offshore Oil Ltd.