CNOOC Restricted Efficiently Withstands Tremendous Storm “Yagi” By Investing.com

HONG KONG, Sept. 14, 2024 /PRNewswire/ — CNOOC (NYSE:) Restricted (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE (LON:): 600938) publicizes right now that because of the Firm’s steady concentrate on security and environmental safety efficiency, in addition to its mature hurricane response measures, the tremendous hurricane “Yagi” didn’t trigger any casualty or oil spill.

Storm “Yagi” affected the japanese and western areas of the South China Sea. Previous to the hurricane’s arrival, the Firm had activated its hurricane emergency plan. Workers engaged on offshore platforms have been promptly evacuated. A complete of 289 helicopters and 51 vessels have been mobilized to soundly evacuate over 8,600 offshore employees prematurely, successfully making certain their well being and security. On the similar time, the Firm activated the hurricane mode on the offshore platforms the place relevant in order that the operations may very well be remotely managed throughout typhoons, to take care of the manufacturing of the oilfields and scale back manufacturing losses.

Upon the touchdown of hurricane “Yagi”, sturdy wind of degree 17 and above was noticed in sure working areas. The Firm’s offshore services general withstood the check of the tremendous hurricane, with no reported casualties or important property injury.

Mr. Zhou Xinhuai, CEO and President of the Firm, stated, “CNOOC Limited adheres to the core values of ‘Safety First, Environmental Paramount, People-oriented, and Equipment Intact’. The safety of our staff has always been our top priority. We have successfully withstood the super typhoon ‘Yagi’. Currently, the staff 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 optimize our production plans, so that we can meet our annual production target.”

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Notes to Editors:

Extra details about the Firm is accessible at http://www.cnoocltd.com.

This press launch consists of ahead trying info, together with statements relating to the probably future developments within the enterprise of the Firm and its subsidiaries, reminiscent of anticipated future occasions, enterprise prospects or monetary outcomes. The phrases “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and related expressions are supposed to determine such forward-looking statements. These statements are primarily based on assumptions and analyses made by the Firm as of this date in gentle of its expertise and its notion of historic traits, present situations and anticipated future developments, in addition to different components that the Firm presently believes are acceptable below the circumstances. Nevertheless, whether or not precise outcomes and developments will meet the present expectations and predictions of the Firm is unsure. Precise outcomes, efficiency and monetary situation could differ materially from the Firm’s expectations, together with however not restricted to these related to fluctuations in and costs, macro-political and financial components, modifications within the tax and financial regimes of the host international locations wherein we function, the extremely aggressive nature of the oil and pure gasoline business, environmental accountability and compliance necessities, the Firm’s value forecast, the exploration and improvement actions, mergers, acquisitions and divestments actions, HSSE and insurance coverage insurance policies and modifications in anti-corruption, anti-fraud, anti-money laundering and company governance legal guidelines.

Consequently, the entire forward-looking statements made on this press launch are certified by these cautionary statements. The Firm can’t guarantee that the outcomes or developments anticipated will likely be realised or, even when considerably realised, that they are going to have the anticipated impact on the Firm, its enterprise or operations.

For additional enquiries, please contact:

Ms. Cui LiuMedia & Public Relations
CNOOC Restricted
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn  

Mr. Bunny LeePorda Havas Worldwide Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com