CNOOC Limited Successfully Withstands Strong Storm “Yagi” By Investing.com

HONG KONG, September 14, 2024 /PRNewswire/ — CNOOC (NYSE:) Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE (LON:): 600938) announces today that due to the Company's continued focus on protecting and protecting the environment, and its mature typhoon. Response measures, super typhoon “Yagi” did not cause damage or oil spill.

Typhoon “Yagi” affected the eastern and western areas South China Sea. Prior to the typhoon's arrival, the Company had activated its typhoon emergency plan. Workers working in offshore fields were immediately evacuated. 289 helicopters and 51 ships were mobilized to safely evacuate more than 8,600 beach workers early, effectively ensuring their health and safety. At the same time, the Company activates typhoon mode in offshore fields where appropriate so that operations can be remotely controlled during typhoons, to maintain oil field production and minimize production losses.

When typhoon “Yagi” arrived, strong winds of level 17 and above were observed in some work areas. The Company's offshore facilities have generally withstood the test of the super typhoon, with no reported casualties or major damage.

Mr. Zhou Xinhuai, CEO and President of the Company, said, “Rating of the company CNOOC Limited adheres to the core values ​​of 'Safety First, Environmental Priority, People Oriented, and Sustainable Resources'. The safety of our employees has always been our top priority. We have successfully weathered the super typhoon 'Yagi'. Currently, workers are returning to work in an orderly manner and restarting the production of oil and gas fields. We will resume normal production as soon as possible, and improve our production plans, so that we can meet our production goals for the year.”

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Editors Notes:

More information about the Company is available at http://www.cnoocltd.com.

This press release contains forward-looking information, including statements regarding possible future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words “expect”, “expect”, “continue”, “estimate”, “aim”, “ongoing”, “possible”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking statements. These statements are based on assumptions and analyzes made by the Company as of this date due to its experience and opinion of historical trends, current conditions and expected future developments, and other factors that the Company currently believes to be appropriate under these circumstances. . However, whether actual results and developments will meet the Company's current expectations and forecasts is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, including but not limited to those associated with fluctuations in prices, major political and economic factors, changes in the tax and financial regulations of the participating countries in which we operate. , the highly competitive nature of the oil and natural gas industry, environmental responsibility and compliance requirements, the Company's value forecast, exploration and development activities, mergers, acquisitions and divestitures, HSSE and insurance policies and anti-corruption reforms, anti-fraudanti-money laundering and corporate governance laws.

Therefore, all forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot guarantee that the expected results or developments will be realized or, even if seen, will have the expected impact on the Company, its business or its operations.

For further questions, please contact:

Mrs. It's LiuMedia and Public Relations
Rating of the company CNOOC Limited
Phone: +86-10-8452-6641
Fax: +86-10-8452-1441
Email: mr@cnooc.com.cn

Mr. Bunny LeePorda Havas International Finance Communications Group
Phone: +852 3150 6707
Fax: +852 3150 6728
Email: cnooc.hk@pordahavas.com