2nd Annual China FPSO Summit 2011
SHANGHAI – High demand for ocean engineering equipment in China has led to strong investment in the domestic offshore market. In the next 5 years, the investment in offshore ocean engineering equipment in China will be more than 45 billion U.S. dollars, accounting for over 10% of global growth. In the next five years, China will develop more than 30 offshore oilfields which will need more than 10 new and modified FPSOs.The 2nd Annual China FPSO Summit 2011 occurred on 16-17 June 2011 in Crowne Plaza, Shanghai, China. Major oil companies, shipyards, ocean engineering companies and government officials came together to discuss the development of the most advanced technology and aimed to find the best solution providers.
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