HONG KONG, Sept. 15, 2020
/CNW/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX:
CNU) announced today that the first offshore wind power
project has connected to the grid and begun to generate power.
The offshore wind power project is located in the sea area
nearby Jiangsu Province. The central location of wind farm is
about 39 kilometers away from the coast, with a water depth of
12 meters. With a total installed capacity of 300 MW, the project
is planned to be equipped with 67 wind turbines. To date, the first
batch of wind turbines has connected to grid. The project is
scheduled to fully come into on-grid production by the end of 2020,
with its annual on-grid power generation expected to reach
approximately 860 million kWh. It is estimated to save 279,000
tons of standard coal equivalent, and reduce CO2
emissions by 571,000 tons per year, comparing with conventional
coal-fired thermal power plant with the same generating
capacity.
The grid-connected of first offshore wind power project
indicates that the Company's steady progress in promoting
energy transformation and implementing its green and low-carbon
strategy. It will also provide a clean energy supply for the green
development of the Yangtze River Delta Region.
CNOOC Limited holds 47% interest of the jointly developed
offshore wind power project in Jiangsu
Province.
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