UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For
the
month of August, 2007
Commission
File Number 1-14966
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CNOOC
Limited
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(Translation
of registrant’s name into English)
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65th
Floor
Bank
of China Tower
One
Garden Road
Central,
Hong Kong
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(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
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Form
20-F X Form
40-F ___
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): ____
Indicate
by check mark whether by furnishing the information contained in this Form,
the
registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
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Yes
___ No
X
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If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): Not applicable
Signature
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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CNOOC
Limited
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By:
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/s/
Kang Xin
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Name:
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Kang
Xin
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Title:
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Company
Secretary
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Dated:
August 15, 2007
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EXHIBIT
INDEX
| Exhibit No. | Description |
| 99.1 |
Press
release dated August 14, 2007, entitled “CNOOC Signs Two PSCs with
Newfield Again”.
|
Exhibit
99.1
FOR
IMMEDIATE RELEASE
CNOOC
Signs
Two PSCs with Newfield Again
(Hong
Kong,
August 14 2007) - CNOOC Limited (NYSE: CEO, SEHK: 883, “the Company") announced
today that its parent--China National Offshore Oil Corporation (“CNOOC”) has
signed two Production Sharing Contracts (PSCs) with Newfield Exploration
Company
(Newfield) for blocks 22/15 and 16/05 respectively.
Block
22/15 is
located in Beibu Gulf Basin in Western South China Sea. The block
covers a total
area of 5,228 square kilometers, with water depth of 10 to 60 meters.
Newfield
will reprocess 2D seismic data and conduct drilling operations.
Block
16/05, located
in Pearl River Mouth basin, covers a total area of 2,064 square kilometers.
On
Dec. 12, 2005, both parties signed a Geophysical Survey Agreement
on the same
block. Newfield is committed to exploration drilling in the block.
Under
the terms of
the contracts, all expenditures incurred during exploration period
will be borne
by Newfield. CNOOC Ltd. has the right to participate in up to 51%
interests in
the event of any commercial discovery in the blocks.
Mr.
Zhu Weilin, Vice President of the Company and General Manager of
exploration
department commented, “CNOOC Ltd. and Newfield have maintained a good
long-standing partnership before both parties signed these two contracts.
On
behalf of the Company, I welcome Newfield’s confidence in cooperation with CNOOC
Ltd. And, we are very confident of the exploration potential Offshore
China.”
-End-
Notes
to
Editors:
1
More
information about the Company is available at
http://www.cnoocltd.com.
***
*** ***
***
This
press release
contains statements that are not historical facts, including statements
about
beliefs and expectations of the directors of the Company on the Company
and its
development and future plans. These forward-looking statements reflect
the
directors’ current views with respect to future events and are not a guarantee
of future performance, and therefore shareholders and potential investors
should
not place undue reliance on them. The directors of the Company
undertake no obligation to update or revise publicly any of these
forward-looking statements, whether in light of new information, future
events
or otherwise. Forward-looking statements involve inherent risks and
uncertainties. Shareholders and potential investors are cautioned
that a number of factors could cause actual results to differ materially
from
those contained in any forward-looking statement. Such factors
include, but are not limited to, changes in the Chinese economic, political
and
social conditions and government policies and in the oil and gas
industry.
***
*** ***
***
For
further enquiries, please contact:
Mr.
Xiao Zongwei
General
Manager of
Investor Relations
CNOOC
Limited
Tel:
+86-10-8452-1646
Fax:
+86-10-8452-1441
E-mail:
xiaozw@cnooc.com.cn
Ms.
Carol Wong
Account
Manager
Ketchum
Hong
Kong
Tel:
+852-3141-8098
Fax:
+852-2510-8199
E-mail:
carol.wong@knprhk.com
2