Founded in 1982, CNOOC is the third-largest national oil company in the People’s Republic of China, with revenues over $19 billion.
CNOOC and its subsidiary, China Oilfield Services (COSL), selected the Xerafy Xplorer as the world's first UHF RFID tags, ATEX-certified, designed for use in downhole drilling operations. The deployment of 100,000 Xerafy Xplorer tags will align with the 10 percent year-over-year growth rate of oil output targeted by CNOOC.
