Fu is a CNOOC board member and had served previously with CNOOC Ltd as its chief operating officer and president. The man who holds a Master's degree in petroleum engineering from University of Southern California has had 28-years of experience in the industry - with both local and foreign companies.
The current president of CNOOC Ltd, Zhou Shouwei, believes that Fu's experience would be an asset to the company. According to Zhou, "Mr. Fu is a familiar face to shareholders and the market. I am confident that the company will further grow and develop under his leadership."
The new man at the helm is said to be "I am excited about this appointment and the challenges and opportunities associated with it." According to Fu, "I will work closely with the board, management team and staff, with a view to bringing the company to a new platform."
