Greater China

PetroChina to build 57 new offshore units

Beijing: CNPC Offshore Engineering, the offshore oil exploration arm of state-owned PetroChina, said that the company plans to build 57 offshore units and vessels by 2020, including four deepwater semi-submersible drilling platforms, 11 jack-up drilling units, 36 offshore vessels and another six offshore engineering related units.

In addition, PetroChina is also working on the construction of an offshore engineering equipment manufacturing base and two production supporting bases by 2015, plus the 57 offshore units, with the company investing a total of RMB50-60bn. [13/07/15]

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