CNOOC Ltd. said that Xu Keqiang, an existing executive director and president of the company, has been appointed as the CEO of the company, effective November 19, 2019.

The Board offered Xu its sincere congratulations on his appointment as the CEO of the company.

Xu joined China National Petroleum Corp. in 1996 and served different positions. He also held varios postions at National Petroleum Corp., CNPC International (Kazakhstan) Ltd. and Sinopetro Investment Co. Ltd. In May 2017, Xu was appointed as a director of CNOOC China Ltd., a subsidiary of the Company. Xu was appointed as the general manager of CNOOC China Ltd. with effect from May 21, 2018. Xu was appointed as an executive director and the president of the company with effect from April 18, 2017.