HONG
KONG, Sept. 1, 2022 /PRNewswire/ -- CNOOC
Limited (the "Company", SEHK: 00883, SSE: 600938) announced today
that Dongfang 1-1 Gas Field Southeast Zone and Ledong 22-1 Gas
Field South Block Development Project commenced production ahead of
schedule.
The development projects locate in Yinggehai, Western South
China Sea, with an average water depth of 90 meters. Utilizing the
existing processing facilities of Dongfang 1-1 platform and Ledong
22-1 platform, the projects plan to commission 4 development wells
and to produce through 2 subsea production systems, 2 mixed
transportation pipelines of oil and gas and 2 umbilicals. The
projects are expected to reach their peak production of
approximately 44 million cubic feet of natural gas per day.
CNOOC Limited holds 100% interest in Dongfang 1-1 Gas Field
Southeast Zone and Ledong 22-1 Gas Field South Block Development
Project.
Notes to Editors:
More information about the Company is available at
http://www.cnoocltd.com.
This press release includes forward looking information,
including statements regarding the likely future developments in
the business of the Company and its subsidiaries, such as expected
future events, business prospects 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 as of this date in
light of its experience and its perception of historical trends,
current conditions and expected future developments, as well as
other factors that the Company currently believes are appropriate
under the circumstances. However, whether actual results and
developments will meet the current expectations and predictions of
the Company 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 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, environmental responsibility
and compliance requirements, the Company's price forecast, the
exploration and development activities, mergers, acquisitions and
divestments activities, HSSE and insurance policies and changes in
anti-corruption, anti-fraud, anti-money laundering and corporate
governance laws.
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. Ariel Wang
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6832
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn
Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com
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SOURCE CNOOC Limited