HONG KONG, March 20, 2020 /PRNewswire/ -- CNOOC Limited (the
"Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced
appointment of Executive Director and change of President. Mr. Hu
Guangjie has been appointed as an Executive Director and the
President of the Company. Mr. Xu Keqiang has resigned as the
President of the Company, and he remains as an Executive Director
and the Chief Executive Officer of the Company. The aforementioned
changes take effect from March 20,
2020.
The Board would like to take this opportunity to offer Mr. Hu
its sincere congratulations on his appointment as an Executive
Director and the President of the Company, as well as express its
sincere gratitude to Mr. Xu for his contribution and services as
the President of the Company.
Mr. Hu Guangjie
Born in 1973, Mr. Hu is a professor-level senior engineer. He
received a Bachelor of Science degree in Petroleum Engineering
(Reservoir Engineering) from Chengdu University of Technology and a
Master's degree in Oil and Gas Field Development Engineering from
China University of Petroleum (Huadong). He served in a
number of positions in China
Petrochemical Corporation ("Sinopec Group"), including Vice Manager
of Northwest Oil Field Company, a subsidiary of China Petroleum
& Chemical Corporation ("Sinopec Corp."), Vice General Manager
of Northwest Oil Field Company, Executive Vice Director General of
Northwest Petroleum Bureau, Executive Vice General Manager of
Northwest Oil Field Company, Director General of Northwest
Petroleum Bureau, General Manager of Northwest Oil Field Company,
General Manager of Northwest Petroleum Bureau Co., Ltd., Executive
Vice Director of Oilfield Exploration & Production Department
of Sinopec Corp., Director of Oilfield Exploration & Production
Department, General Manager of Oilfield Exploration &
Production Department. In March 2020,
Mr. Hu was appointed as Vice President of CNOOC. Mr. Hu has been
appointed as an Executive Director and the President of the Company
with effect from March 20, 2020.
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,
macro-political and economic factors, changes in the tax and fiscal
regimes of the host countries in which we operate, the highly
competitive nature of the oil and natural gas industry, the
exploration and development activities, mergers, acquisitions and
divestments activities, environmental responsibility and compliance
requirements, foreign operations and cyber system attacks.
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. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Fax: +852-2576-1990
E-mail: CNOOC@hkstrategies.com
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SOURCE CNOOC Limited