No Injuries No Oil Spills as Strong Wind Hit "Haiyangshiyou 113"
November 12 2009 - 3:30AM
PR Newswire (US)
HONG KONG, Nov. 12 /PRNewswire-Asia/ -- CNOOC Limited (the
"Company" or "CNOOC Ltd.", NYSE: CEO; SEHK: 0883) announced today
that the Floating, Production, Storage and Offloading (FPSO) vessel
"Haiyangshiyou 113" shifted from its moorings by strong winds in
the Bohai Bay area, has been safely secured. There were no injuries
or oil spills. (Logo:
http://www.prnasia.com/xprn/sa/200701301659.jpg ) Operations at the
BZ25-1/BZ25-1South oilfields were shut-in on November 10 as a
safety precaution during the strong winds, and recovery activities
are now being remobilized. BZ25-1/BZ25-1South oilfield is a joint
project developed with Chevron. CNOOC Ltd. holds 83.8% of interest
and acts as the Operator. Before this incident, the production
capacity of BZ25-1/BZ25-1South oilfield was approximately 27,000
barrels per day. The Company maintains appropriate insurance
coverage of the operations related to the oilfield. 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 "believe", "intend", "expect",
"anticipate", "project", "estimate", "plan", "predict" and similar
expressions are intended to identify such forward-looking
statements. These statements are based on assumptions and analyses
made by us that we believe are reasonable under the circumstances.
However, whether actual results and developments will meet our
expectations and predictions depend on a number of risks and
uncertainties which could cause our actual results, performance and
financial condition to differ materially from our expectations. For
a description of these and other risks and uncertainties, please
see the documents we file from time to time with the United States
Securities and Exchange Commission, including our 2008 Annual
Report on Form 20-F filed on May 8, 2009. For further enquiries,
please contact: Mr. Xiao Zongwei Joint Company Secretary and
General Manager of Investor Relations Department CNOOC Limited Tel:
+86-10-8452-1646 Fax: +86-10-8452-1441 Email: Ms. Sharon Fung
Ketchum Newscan Public Relations Ltd Tel: +852-3141-8082 Fax:
+852-2510-8199 Email: DATASOURCE: CNOOC Limited CONTACT: Mr. Xiao
Zongwei, Joint Company Secretary and General Manager of Investor
Relations Department of CNOOC Limited, +86-10-8452-1646, fax, +86-
10-8452-1441, ; Ms. Sharon Fung of Ketchum Newscan Public Relations
Ltd, +852-3141-8082, fax, +852-2510-8199, for CNOOC Limited Web
site: http://www.cnoocltd.com/
http://www.prnasia.com/xprn/sa/200701301659.jpg
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