On the evening of 5 April, shallow gas overflowed during drilling operation in well V29 of the V platform. The Company immediately initiated the emergency response procedures and carried out well kill operations, during which a fire broke out. The Company quickly carried out personnel evacuation, fire extinguishment and oil spill check. When the incident happened, there were a total of 102 people on the platform, 99 of whom have been evacuated that night and the other three were reported missing.

The Company has dispatched vessels, helicopters and drones to search and rescue the three missing personnel, carried out oil spill check, and placed oil booms around the platform.

At present, the Company is focusing on personnel search and rescue and follow-up actions. The impact of the incident on annual production is approximately up to 0.6 million barrels, representing 0.1% of the total. Other impacts are yet to be evaluated.

CNOOC holds a 51% interest in the Penglai project, with the rest held by the Chinese subsidiary of U.S. oil giant ConocoPhillips.

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