The Company consistently upholds the philosophy of protecting the environment by conserving resources and striving for green development and regards environmental protection as the basis of sustainable development. We abide by relevant national and international laws and regulations and strictly follow carbon emission reduction policies. Moreover, we also implement a Green Development Action Plan to continuously strengthen the whole process management of environmental protection and develop clean energy, thereby fulfilling corporate environmental responsibilities in multiple ways.

We hold fast to "paying equal attention to environmental protection and resource development" and "early intervention", aiming to explore offshore oil and gas while inflicting no damage upon the environment. We make prudent decisions on project site selection and process route during the preliminary research stage of projects to avoid environmentally sensitive locations. We strengthen internal controls during processes such as pre-assessment of environmental impact, implementation plan of Environment Impact Assessment (EIA) report, EIA approval, and EIA Change Report. During construction and operation, we avoid environmentally sensitive periods, reduce pollutant emissions, strengthen oil spill prevention and control, and set up ecological compensation funds to reduce the project's impact on the marine ecological environment and fishery resources.

The Company has established an environmental management system in which the QHSE Department is responsible for overall management, and subsidiaries and branches set up environmental protection positions for execution. In 2023, the Company revised the Measures for Ecological Environmental Protection and other ecological environmental management policies, which further clarified the requirements for environmental protection management, pollution prevention and treatment, ecological protection and other aspects during project construction, production and operation.