CNOOC Limited has announced that Xu Keqiang has resigned as president, although he remains as an executive director and chief executive officer of the company. The change took effect on 20 March 2020.
Succeeding Xu as president of CNOOC Limited is Hu Guangjie, who was also appointed as executive director.
Born in 1973, Hu is a professor-level senior engineer. He received a Bachelor of Science degree in Petroleum Engineering (Reservoir Engineering) from Chengdu University of Technology and a Master’s degree in Oil and Gas Field Development Engineering from China University of Petroleum (Huadong). He served in a number of positions in China Petrochemical Corporation (Sinopec Group), including vice manager of Northwest Oil Field Company, a subsidiary of China Petroleum & Chemical Corporation (Sinopec Corp.), vice general manager of Northwest Oil Field Company, executive vice director general of Northwest Petroleum Bureau, executive vice general manager of Northwest Oil Field Company, director general of Northwest Petroleum Bureau, general manager of Northwest Oil Field Company, general manager of Northwest Petroleum Bureau Co., Ltd., executive vice director of Oilfield Exploration & Production Department of Sinopec Corp., director of Oilfield Exploration & Production Department, general manager of Oilfield Exploration & Production Department.
In March 2020, Hu was appointed as vice president of CNOOC. His appointment as an executive director and president of the company took effect on 20 March 2020.
The CNOOC Board offered Hu its sincere congratulations on his appointment as an executive Director and president, as well as expressed its sincere gratitude to Xu for his contribution and as president.
CNOOC Limited (the “company”, together with its subsidiaries, the “Group”), incorporated in the Hong Kong Special Administration Region in August 1999, was listed on the New York Stock Exchange (code: CEO) and The Stock Exchange of Hong Kong Limited (code: 00883) on 27 and 28 February 2001, respectively. The Company was admitted as a constituent stock of the Hang Seng Index in July 2001.
The group 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 Group mainly engages in exploration, development, production and sale of crude oil and natural gas.