CNOOC expects net production to exceed 2 million barrels per day in 2025, and the dividend payout ratio will be raised to 45% in the next three years.

On January 22nd, China National Offshore Oil (00883.HK) announced its 2025 business strategy and development plan. The company's daily net output in 2025 exceeded 2 million barrels of oil equivalent/day, continuing to consolidate the profit foundation. It is worth noting that < b > China National Offshore Oil continues its active dividend policy, and the annual dividend payment rate from 2025 to 2027 is not less than 45%. Previously, the dividend payment rate from 2022 to 2024 announced at the end of March 2022 is not less than 40%.