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China FPSO Summit 2010

, [Crowne Plaza Century Park]Shanghai, China

SHANGHAI, CHINA, 16-17 SEPTEMBER 2010 – High demand for ocean engineering equipment in China has lead to strong investment in the domestic offshore market. After 2010, the demand for offshore ocean engineering equipment in China will be more than 45 billion U.S. dollars, accounting for over 10% of global growth. As a key facility of offshore oil and gas exploration and due to continual market expansion, investment in FPSO in 2013 is expected to reach 23 billion U.S. dollars. In the next five years, China will develop up to 30 oilfields which will need more than 10 new and modified FPSOs.

With over 150 attendees from major oil companies, shipyards, shipbuilding companies, heavy industry companies and ocean engineering companies, the China FPSO Summit 2010 was held on 16-17 September 2010 in Shanghai, China. Supported by the American General Business Association and Danish Marine Group China, the summit focused on the state of global ocean engineering and FPSO practices and examined Chinese oil & gas exploration and production trends. “It was a very useful platform for communication within the industry” CIMC Raffles.

On the morning of day one a meeting was held with Zhao Guotong, Counsellor of Shanghai Municipal Government, and some of the top delegates and speakers at the event. Zhao Guotong welcomed the delegates to Shanghai and discussed prospects of China’s ocean engineering industry. “Well organized meetings” Oriental Marine & Offshore. Key speakers at the event included Lv Ligong, Chief Engineer, CNOOC Energy Technology & Service-Oil Production Services Co., Ltd who presented on the history, current status and future of CNOOC’s FPSO, the biggest end user of FPSO in China; and Zhao Gengxian, Master of Shipbuilding, CSSC 708 Institute (MARIC) who gave an overview of China FPSO. Zhao is well known in the ocean engineering and shipbuilding industry and is renowned on an international scale. “Helped attendees be more familiar with international FPSO market trends, very well organized event” China Shipbuilding NDRI Engineering Co Ltd. Prominent speakers were Chen Gang, Director of Ocean Engineering Department, Shanghai Waigaoqiao Shipbuilding Co., Ltd, who described the best practice of the company and Cao Jie, General Manger of Offshore Management Department, Shanghai Zhenhua Heavy Industry Co., Ltd who presented on the market, technology and development trends of Derrick pipe-laying vessels. Currently many heavy industry companies are involved in ocean engineering in China with Zhenhua Heavy Industry Co., Ltd as the largest and most successful. “Offered a good communication platform and knowledge of advanced technology” Jiangsu East Heavy Industry.

New innovations were illustrated by JC Hueber, Technical Manager of SSP Offshore who introduced the new stable round shaped floating hull structure design for FPSO and F(D)PSO and David Galbraith, Chief Technology Officer, Sigma Offshore introduced the Smart Mooring System. “Very helpful for non-technical people in order to forecast market and future trends” Manuli Hydraulics (Suzhou) . Influential speakers at the event included Jason Guo, INTSOK who presented on Norwegian capabilities and experiences in the FPSO business; Mao Ping from China Ship Marketing Research Center who conveyed the current development status of the global FPSO market and prospects; and Liu Xinjun, Senior Engineer of Petrochina (Qingdao) Ocean Engineering Co Ltd, introduced Petrochina’s Qingdao Ocean Engineering base. “Excellent and valuable” FPSO Supplier Caofeidian.

Notable speakers at the event also included Geir Sviggum, Resident Partner of Wikborg, Rein who gave an overview of the legal risk picture in international FPSO projects; A.R. Kambiez Zandiyeh, General Manager of Contitech Dunlop Oil & Marine presented on Dunlop-specialized marine hoses; Jan Rooswinkel, Managing Director of IHC Hytop BV gave an introduction of the most advanced hydraulic systems for FPSO; and from Helkama Bica (Shanghai) Co Ltd, Esa Veijalajnen, conveyed their environmentally friendly solutions – electric cables – for Offshore. “Good exposure to Chinese FPSO development and market trends; very vibrant and promising for long term business” SSP Offshore. Other topics discussed at the event were the installation of single mooring system (SMS) & riser replacement during FPSO locked by SMS, tranter-heat transfer solutions, performance requirements of multi-channel fluid swivel stack in FPSO, FPSOs in 2011 and the challenge of conversion FPSOs. “Good organization” China Ship Design & Research Centre. Noppen would like to express special thanks to all the China FPSO Summit 2010 sponsors, supporters and attendees who came together to share their vast knowledge and experiences. “It was a significant event for FPSO”SDARI.

China FPSO Summit 2010

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