HONG KONG, April 27, 2018 /PRNewswire/ -- CNOOC Limited (the
"Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced
changes in directors of the Company. Mr. Wang Dongjin has been
appointed as a Non-executive Director and a member of the
Remuneration Committee of the Company. Mr. Wu Guangqi has resigned
as a Non-executive Director and a member of the Remuneration
Committee of the Company due to retirement. The aforementioned
changes take effect from 27 April
2018.
Mr. Wu has served on the Company's Board of Directors for nearly
13 years, as an Executive Director and Non-executive Director
successively. The Board of Directors would like to express their
appreciation and gratitude to Mr. Wu Guangqi for his outstanding
contributions to the Company during his term as a director.
Mr. Yang Hua, Chairman of the
Company said, "On behalf of the Board of Directors, I extend a warm
welcome to Mr. Wang Dongjin on his appointment as Non-executive
Director. Mr. Wang has significant experience in the oil and gas
industry. The Board will work closely together to promote the
Company's sustainable development and create greater value for our
shareholders."
Wang Dongjin
Born in 1962, Mr. Wang is a professor-level senior engineer and
received a Bachelor of Science degree in Petroleum Drilling from
Development Department of China University of
Petroleum and a Doctor of Science degree in Petroleum
Engineering Management from China
University of Petroleum-Beijing in 2012. From July 1995 to December
1997, he was appointed as Deputy Director-General of Jiangsu
Petroleum Exploration Bureau. From December
1997 to October 2002, he was
appointed as Vice President of China National Oil & Gas
Exploration and Development Corporation ("CNODC"). From
December 2000 to October 2002, he also served as President of CNPC
International (Kazakhstan) Ltd.
and President of Aktobe Munai Gas Corp. From October 2002 to September
2008, he served as President of CNODC. From January 2004 to September
2008, he was appointed as Assistant President of China
National Petroleum Corporation ("CNPC") and Vice Chairman of CNODC.
From September 2008 to March 2018, he served as Vice President of CNPC.
From May 2011 to May 2014, he was concurrently appointed as
Director of PetroChina Company Limited ("PetroChina"). From
July 2013 to March 2018, he was concurrently appointed as
President of PetroChina. From May
2014 to March 2018, he served
as Vice Chairman of PetroChina. In March
2018, Mr. Wang was appointed as a Director of China National
Offshore Oil Corporation. Mr. Wang was appointed as a Non-executive
Director of the Company with effect from 27
April 2018.
Notes to Editors:
More information about the Company is available at
http://www.cnoocltd.com.
This press release includes "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995, including statements regarding expected future
events, business prospectus or financial results. The words
"expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans",
"intends" and similar expressions are intended to identify such
forward-looking statements. These statements are based on
assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors the Company believes are appropriate under the
circumstances. However, whether actual results and developments
will meet the expectations and predictions of the Company depends
on a number of risks and uncertainties which could cause the actual
results, performance and financial condition to differ materially
from the Company's expectations, including but not limited to those
associated with fluctuations in crude oil and natural gas prices,
the exploration or development activities, the capital expenditure
requirements, the business strategy, whether the transactions
entered into by the Group can complete on schedule pursuant to
their terms and timetable or at all, the highly competitive nature
of the oil and natural gas industries, the foreign operations,
environmental liabilities and compliance requirements, and economic
and political conditions in the People's
Republic of China. For a description of these and other
risks and uncertainties, please see the documents the Company files
from time to time with the United States Securities and Exchange
Commission, including the Annual Report on Form 20-F filed in April
of the latest fiscal year.
Consequently, all of the forward-looking statements made in this
press release are qualified by these cautionary statements. The
Company cannot assure that the results or developments anticipated
will be realised or, even if substantially realised, that they will
have the expected effect on the Company, its business or
operations.
For further enquiries, please contact:
Ms. Jing Liu
Manager, Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-3404
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn
Ms. Iris Wong
Hill+Knowlton Strategies Asia
Tel: +852-2894-6263
Fax: +852-2576-1990
E-mail: cnooc@hkstrategies.com
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SOURCE CNOOC Limited