China Oilfield Services Ltd

Common Name
China Oilfield Services
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
15,509
Ticker
601808
Exchange
SHANGHAI STOCK EXCHANGE
Description
China Oilfield Services Limited, a subsidiary of China National Offshore Oil Corporation, specializes in providing integrated services to the oil and gas industry. With a core focus on offshore operat...

China Oilfield Services's GHG Emissions Data Preview

In 2023, China Oilfield Services completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, China Oilfield Services has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China Oilfield Services’s Greenhouse Gas (GHG) Emissions Data

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a. China Oilfield Services's ESG Report 2023
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Insights into China Oilfield Services's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of China Oilfield Services amounted to 1,218,526.94 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of China Oilfield Services increased by 5.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

China Oilfield Services's Scope 1 Emissions Over Time

2021202220230300 k600 k900 k1.2 MtCO2e+1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are China Oilfield Services's Scope 1 emissions?

In 2023, the total Scope 1 emissions of China Oilfield Services were 1,182,609.25 metric tons of CO₂ equivalent (tCO₂e). a

Has China Oilfield Services reduced its Scope 1 emissions over time?

Since 2021, China Oilfield Services's Scope 1 emissions have increased by 6.06%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), China Oilfield Services's Scope 1 emissions increased by 4.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are China Oilfield Services's Scope 2 emissions?

In 2023, China Oilfield Services reported Scope 2 greenhouse gas (GHG) emissions of 35,917.69 tCO₂e without specifying the calculation method. a

Has China Oilfield Services reduced its Scope 2 emissions over time?

Since 2021, China Oilfield Services's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 96.39%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), China Oilfield Services's Scope 2 emissions (Unspecified Calculation Method) rose by 62.79% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does China Oilfield Services use for Scope 2 reporting?

In 2023, China Oilfield Services reported its Scope 2 emissions using an unspecified methodology. a

China Oilfield Services's Scope 2 Emissions Over Time

20212022202309 k18 k27 k36 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Oilfield Services’s GHG Emissions Intensity Compared to Industry Peers

In 2023, China Oilfield Services reported Scope 1 greenhouse gas (GHG) emissions of 1,182,609.25 tCO₂e and total revenues of USD 6,206 millions. This translates into an emissions intensity of 190.55 tCO₂e per millions USD. a

China Oilfield Services's Scope 1 Emissions Intensity Compared to Peers

1005,000500,00020,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)OOCTechnipFMCYear: 2023Scope 1: 235,263 tCO2eRevenue: $M 7,824Scope 1 Intensity: 30.07 tCO2e/$MValarisYear: 2023Scope 1: 703,674 tCO2eRevenue: $M 1,784Scope 1 Intensity: 394.39 tCO2e/$MOOOriental EnergyYear: 2023Scope 1: 455,919 tCO2eRevenue: $M 3,816Scope 1 Intensity: 119.46 tCO2e/$MSBM OffshoreYear: 2023Scope 1: 489 tCO2eRevenue: $M 4,245Scope 1 Intensity: 0.12 tCO2e/$MOOOffshore Oil EngineeringYear: 2023Scope 1: 312,714 tCO2eRevenue: $M 4,327Scope 1 Intensity: 72.27 tCO2e/$MChina Petroleum & ChemicalYear: 2023Scope 1: 142,280,000 tCO2eRevenue: $M 442,785Scope 1 Intensity: 321.33 tCO2e/$MTidewaterYear: 2023Scope 1: 1,074,336 tCO2eRevenue: $M 1,010Scope 1 Intensity: 1,063.71 tCO2e/$MYinson Holdings BerhadYear: 2023Scope 1: 44,116 tCO2eRevenue: $M 2,462Scope 1 Intensity: 17.92 tCO2e/$MDialog GroupYear: 2024Scope 1: 8,722 tCO2eRevenue: $M 668Scope 1 Intensity: 13.05 tCO2e/$MCCCIMC Enric HoldingsYear: 2023Scope 1: 31,353 tCO2eRevenue: $M 3,634Scope 1 Intensity: 8.63 tCO2e/$MArchrockYear: 2023Scope 1: 17,663 tCO2eRevenue: $M 990Scope 1 Intensity: 17.84 tCO2e/$MSubsea 7Year: 2023Scope 1: 656,624 tCO2eRevenue: $M 5,974Scope 1 Intensity: 109.92 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MWorleyYear: 2023Scope 1: 22,334 tCO2eRevenue: $M 7,546Scope 1 Intensity: 2.96 tCO2e/$MSBOYear: 2023Scope 1: 4,041 tCO2eRevenue: $M 648Scope 1 Intensity: 6.23 tCO2e/$MNovYear: 2023Scope 1: 135,671 tCO2eRevenue: $M 8,583Scope 1 Intensity: 15.81 tCO2e/$MHalliburtonYear: 2023Scope 1: 3,443,174 tCO2eRevenue: $M 23,018Scope 1 Intensity: 149.59 tCO2e/$MKodiak Gas ServicesYear: 2023Scope 1: 20,951 tCO2eRevenue: $M 850Scope 1 Intensity: 24.64 tCO2e/$MSchlumbergerYear: 2023Scope 1: 1,469,000 tCO2eRevenue: $M 33,135Scope 1 Intensity: 44.33 tCO2e/$MTenarisYear: 2023Scope 1: 2,100,000 tCO2eRevenue: $M 14,869Scope 1 Intensity: 141.23 tCO2e/$MTGSYear: 2023Scope 1: 76,102 tCO2eRevenue: $M 794Scope 1 Intensity: 95.81 tCO2e/$MChina Oilfield ServicesYear: 2023Scope 1: 1,182,609 tCO2eRevenue: $M 6,206Scope 1 Intensity: 190.55 tCO2e/$M

How does China Oilfield Services's GHG emissions intensity compare to its peers?

In 2023, China Oilfield Services reported a Scope 1 emissions intensity of 190.55 tCO₂e per millions USD. Compared to the peer group median of 37.2, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does China Oilfield Services rank on GHG emissions intensity within its industry?

In 2023, China Oilfield Services ranked 19 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places China Oilfield Services among the least efficient performers, with one of the highest emissions intensities in its sector. a

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