CNOOC's drilling rig performing 'well'
By Fu Chenghao |
August 23, 2012, Thursday
|
Print Edition
Print Edition
CHINA'S first domestically-made ultra deep-water drilling rig is drilling its fourth well in the South China Sea since operations began in May, delivering good performance in terms of stability and efficiency, a China National Offshore Oil Corp official said yesterday.
The semi-submersible CNOOC 981 is now operating at the Liwan 3-1-1 well, near Hong Kong. It has drilled at a depth of up to 2,450 meters, said Su Jing, vice project director of CNOOC's deep-water drilling unit project team.
"Overall, it should be no problem for us (CNOOC 981) to enter the world's top three among rigs of this scale," Su told a conference yesterday on the sidelines of 2012 China International Petroleum and Petrochemical Technology and Equipment Exhibition, Asia's largest petrochemical show.
CNOOC officials have called the rig, built by Shanghai Waigaoqiao Shipbuilding Co, a "strategic weapon" for promoting the development of China's offshore oil industry and helping the nation secure energy resources in the waters.
As investment ramps up in China's deep-water energy sector and oil prices stay high, the ocean engineering equipment industry remains one of the few manufacturing sectors with strong growth despite an overall economic slowdown, said Zhao Zhiming, chief consultant of the China Petroleum and Petrochemical Equipment Industry Association.
This trend could benefit machinery makers such as Shanghai Zhenhua Heavy Industries Co and service providers like China Oilfield Services Ltd, a unit of CNOOC.
The semi-submersible CNOOC 981 is now operating at the Liwan 3-1-1 well, near Hong Kong. It has drilled at a depth of up to 2,450 meters, said Su Jing, vice project director of CNOOC's deep-water drilling unit project team.
"Overall, it should be no problem for us (CNOOC 981) to enter the world's top three among rigs of this scale," Su told a conference yesterday on the sidelines of 2012 China International Petroleum and Petrochemical Technology and Equipment Exhibition, Asia's largest petrochemical show.
CNOOC officials have called the rig, built by Shanghai Waigaoqiao Shipbuilding Co, a "strategic weapon" for promoting the development of China's offshore oil industry and helping the nation secure energy resources in the waters.
As investment ramps up in China's deep-water energy sector and oil prices stay high, the ocean engineering equipment industry remains one of the few manufacturing sectors with strong growth despite an overall economic slowdown, said Zhao Zhiming, chief consultant of the China Petroleum and Petrochemical Equipment Industry Association.
This trend could benefit machinery makers such as Shanghai Zhenhua Heavy Industries Co and service providers like China Oilfield Services Ltd, a unit of CNOOC.
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