See below the full statement issued:
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.