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Asia's 1st cylindrical FPSO facility accomplished in Qingdao

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      China

      China

      Asia's 1st cylindrical FPSO facility accomplished in Qingdao

      2024-04-26 19:27 Last Updated At:20:27

      ⁠⁠⁠⁠⁠⁠⁠Asia's first cylindrical floating, production, storage, and offloading (FPSO) facility was accomplished in east China's Qingdao City on Friday, marking a milestone technological breakthrough in the country's high-end offshore oil and natural gas exploration.   Dubbed "Haikui No.1", the enormous facility, is independently designed and made by China.   The floating vessel, containing 600,000 parts, consists of functional modules on the hull and the deck, with a maximum diameter of about 90 meters and a height of more than 60 meters. It is designed with a maximum displacement of 100,000 tons and a storage capacity of 60,000 tons of oil.   With a designed service lifespan of 30 years, cylinder-shaped facility integrates functions of crude oil production, storage, and external transmission. It is able to provide continuous operation at sea for 15 years without docking, according to its producer, China National Offshore Oil Corporation (CNOOC).   "Through tackling technological bottlenecks, we have achieved the autonomous application of 15 key technological equipment and systems, such as the sea-land integrated intelligent central control system and high-capacity hydraulic submersible pumps. Furthermore, we have introduced new natural gas desulfurization and dual-fuel generators on offshore platforms. These advancements enable us to effectively utilize associated gas from oil fields and largely improve the energy saving of offshore oil fields," said Liu Huaxiang, general manager of the Deepwater Engineering and Construction Center of CNOOC's Shenzhen branch.   The offshore oil and gas processing project is planned to be commissioned in China's first deepwater oilfield, the Liuhua 11-1 oilfield, in the Pearl River Mouth Basin, said the CNOOC, adding that the facility is capable of processing 5,600 tons of crude per day.

      Asia's 1st cylindrical FPSO facility accomplished in Qingdao

      Asia's 1st cylindrical FPSO facility accomplished in Qingdao

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      Chinese FM holds talks with Indonesian counterpart on bilateral ties

      2025-04-21 22:31 Last Updated At:23:07

      Chinese Foreign Minister Wang Yi held talks with his Indonesian counterpart Sugiono in Beijing on Monday, with both sides hailing the robust growth of bilateral ties.

      To celebrate the 75th anniversary of diplomatic relations, Wang said that China and Indonesia should jointly develop emerging industries like green energy and the digital economy, as well as expand mutually beneficial cooperation.

      Wang highlighted key projects such as the Jakarta-Bandung High-Speed Railway and "Two Countries, Twin Parks" as benchmarks for connectivity.

      The Chinese foreign minister said both sides should uphold free trade, promote two-way investment, and build a secure, stable, and smooth industrial and supply chain.

      Wang added that China is willing to import more Indonesian products, and that he hopes the Indonesian government will safeguard the rights and interests of Chinese-funded institutions and personnel in Indonesia.

      Sugiono said China is Indonesia's largest trading partner, and a major source of foreign investment.

      He added that Indonesia is committed to comprehensively deepening its relations with China, and looks forward to strengthening exchanges at all levels.

      Chinese FM holds talks with Indonesian counterpart on bilateral ties

      Chinese FM holds talks with Indonesian counterpart on bilateral ties

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