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Offshore Oil Engineering Co Ltd

Offshore Oil Engineering Co., Ltd. provides design, procurement, construction, offshore installation, commissioning, and maintenance services for offshore oil and gas development projects in China and internationally. It also engages in engineering and general contracting, development of offshore and shallow-water oil and gas, deepwater jacket engineering, fabrication and installation, and subsea production systems and SURF. The company designs and develops LNG terminals, storage tanks, and natural gas liquefaction plants, and is involved in modular construction, offshore wind and hydrogen energy, marine ranching, and green energy equipment. It offers inspection and commissioning, IMR and decommissioning, digital simulation, and digital twin solutions, and operates 19 vessels and yards. Founded in 2000 and headquartered in Tianjin, China, it is a subsidiary of China National Offshore Oil Corporation.

Price · split & dividend adjusted
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600583.CG3

Offshore Oil Engineering's 2026 interim net profit was 1.091 billion yuan, down 0.64% year on year

Offshore Oil Engineering released its 2026 interim report, with net profit attributable to the parent company of 1.091 billion yuan, a decrease of 0.64% compared with the same period last year. The company's total operating revenue was 12.384 billion yuan, up 9.42% year on year; net cash inflow from operating activities was 1.561 billion yuan, down 30.11% year on year. The company's latest asset-liability ratio was 41.91%, gross margin was 14.87%, and diluted earnings per share was 0.25 yuan.
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