Exhibiting & Venue
November 8-10,2010 INTEX Shanghai
INTEX Shanghai, located in Shanghai Hongqiao Economic & Technological Development Zone, is the first exhibition center introduced international modern management in Shanghai. With its quality exhibition facilities and excellent services, it has been the first international exhibition center authorized by ISO9001 in China. With convenient traffic and perfect facilities, INTEX Shanghai is an ideal place for high level international exhibitions.
Market Information
The continental ocean area under China jurisdiction is around 3 million square kilometers. China continental offshore oil reserves are estimated at 240 million tons, about 22.9% of the total oil reserves of our country; and the offshore natural gas reserves are estimated at 14 trillion cubic meters, about 1 / 3 of the total natural gas reserves in China. According to the plan, the output of Chinese continental offshore oil and gas will reach 50 million tons of oil equivalent in 2010.
At present, the oil and gas reserves of land and shallow sea (under 300 meters) are depleting in global range. The deep water exploration will be the hotspot of the oil and gas development in the future. According to the authoritative calculation, the investment on the development of deep water oil and gas will reach 160 billion USD in the next 5 years.
A British market research institute recently released that the global investment on offshore engineering auxiliary ships will be expanded in 2009-2012. The investment peak will occur in the year of 2011. According to the calculation, the investment amount will be more than 103 billion USD.
The exploration of deep-water oil and gas in the South China Sea is a strategic substitute for our. According to the estimation, the exploration of deep-water oil and gas in the South China Sea will evolve a quite scale in the coming 5 years.
On May 11th, 2009, “The Direction of Ocean Engineering Equipment Research Project”, was released by the Ministry of Industry and Informationization, PRC. It said that taking the urgent needs of the exploration of oil and gas in South China Sea as the starting point, and to raise the share proportion in the international market, we will strive to have a complete breakthrough in the independent research on the major mobile drilling platform and the ocean engineering operating vessels and auxiliary ships till 2012.
We should evolve a number of our own-brand products, and have the setting capacity of the major floating production systems and the new type of ocean engineering equipment. To fill the blank of our country in this field, we should raise the basic common level of ocean engineering equipment technology, and evolve a series of technical standards and specifications.
The market future for China Ocean oil and gas exploitation is cheerful and thus has a large need of all kinds of related advanced technique and equipments.