Summary by Futu AI
CNOOC released its mid-year report for 2024, showing an increase in both revenue and profit. During the reporting period, CNOOC's revenue increased from the previous year's 6,665.86 million yuan to 7,191.98 million yuan, a growth of 7.9%. Meanwhile, the company's net profit increased from 3,377.22 million yuan to 3,545.01 million yuan, a 5.0% increase. In addition, CNOOC's capital expenditure increased from 6,678.76 million yuan to 7,209.03 million yuan during the reporting period. CNOOC mentioned in the report that the company will continue to focus on its core oil & gas business and actively explore and develop new oil fields to support long-term growth. The report also highlighted several important global projects of CNOOC, including the Stabroek field and Payara development project. CNOOC stated its commitment to environmental protection and emission reduction, emphasizing its progress in carbon capture and storage (CCS/CCUS) technology in the report.