CNOOC Petroleum Guyana Ltd returns to GEC for Fourth Consecutive Year 

January 15, 2025- The Guyana Energy Conference and Supply Chain
Expo is pleased to welcome on board CNOOC Petroleum Guyana Limited (CPGL) as a
Platinum Sponsor.

This marks the fourth consecutive year CNOOC has been a sponsor
of the conference.

CPGL holds a 25% working interest in Guyana’s offshore Stabroek Block where over 11
billion barrels of oil equivalent have been unlocked. CPGL is a fully owned subsidiary of
CNOOC Limited.

Chairman of the Guyana Energy Conference, Mr Anthony Whyte in a brief comment
said, “The incredible resources unlocked in the Stabroek block will continue to play a
critical role in Guyana’s development trajectory for decades to come. To facilitate
discussions on the safe and sustainable production of these resources, it is imperative
that we have stakeholders such as CNOOC at the table. From the onset, CNOOC has
always been an avid supporter of the Guyana Energy Conference and a key contributor
to the discussions that take place.”

The Chairman added, “For the 2025 edition of our conference, I have every confidence
that their stellar contributions will solidify once again that together, we can successfully
certainly navigate the challenges within the industry while harnessing opportunities for
prosperity and sustainable development.”

Mr. Lian Jihong, the newly appointed President of CPGL, declared that “CNOOC is
committed to an enduring partnership with Guyana. We are extremely proud of the
benefits that the Government and people of Guyana have gained through the
production from the Stabroek Block.”

The Guyana Energy Conference once again thanks CNOOC and its management team
for its continued support and looks forward to hosting a successful conference for 2025
and beyond.