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About CNOOC Petroleum Europe Ltd

CNOOC is the largest producer of offshore crude oil and natural gas in China and one of the largest independent oil and gas exploration and production companies in the world. The Company mainly engages in exploration, development, production and sale of crude oil and natural gas. CNOOC Limited asset portfolio in the U.K. North Sea comprises producing projects and exploration projects, which mainly include a 43.21% interest in the Buzzard oilfield, one of the largest oilfields in the North Sea, and a 36.5% interest in the Golden Eagle oilfield. The Company also holds 41.9%, 80.4%, and 79.3% interests in Scott, Telford, and Rochelle oilfields of STaR production blocks, respectively. In 2023, Buzzard oilfield maintained stable production with an average daily net production of approximately 22,000 BOE. The Company also holds a 66.67% drilling operation interest in P2215 exploration block in the U.K. North Sea. CNOOC Limited is a listed company on the Shanghai Stock Exchange and the Hong Kong Stock Exchange.

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