ABS and CCS Discuss Energy Development in China

(Press Release)
Thursday, June 30, 2011

The growing importance of deepwater exploration and production developments offshore China led classification societies ABS and CCS (China Classification Society) to conduct a joint “Deepsea Developments in the China Offshore Industry” meeting on June 17. The meeting, which was held in Beijing, brought together leading offshore industry professionals to discuss a wide range of energy development issues.

More than 100 representatives from the Chinese government, shipbuilders, designers, research institutes, energy corporations and universities attended. Topics included a discussion of the global energy market outlook from research firm Infield Systems, the challenges and latest solutions proposed for deepwater development from offshore solutions technology leader Horton Wison and a look at risk-based operations and new approaches toward minimizing risk with deepwater exploration from global engineering, procurement and construction firm Worley Parsons.

ABS discussed the regulatory changes resulting from the Macondo incident in the Gulf of Mexico and the broader impact on regulatory schemes worldwide while CCS highlighted the impact of deepsea development on the technology standards for the region’s offshore industry.

“This industry meeting illustrates the cooperative spirit between ABS and CCS,” says ABS CEO and President Christopher J. Wiernicki. “Over the past decade, China has significantly grown in its importance to both the maritime and offshore industries. With our experience and leadership in setting standards for the offshore industry, ABS can bring valuable assistance to the region as it faces new exploration and production challenges.”

It is this experience that led to ABS’ and CCS’ joint involvement on the massive Liwan 3-1 gas field development in the South China Sea. The Liwan 3-1 development is China’s largest offshore natural gas discovery to date and will be the first deepwater development project.

It is widely known that China has begun to invest heavily in deepsea exploration as the country’s economic growth demands more energy resources. “We are helping to support our country’s efforts by providing the technical guidance necessary for safe and efficient exploration,” said Li Kejun, CCS Chairman and President. “This industry meeting shows our commitment to helping achieve deepsea technological advancements in the region.”

Also in attendance was President of the China Association of the National Shipbuilding Industry (CANSI) Guangqin Zhang. While China’s shipbuilding industry has been challenged by the global economic recession, the accomplishments of China’s shipbuilding industry are well known, as is its rapid diversification into the gas and offshore sectors. “Meetings such as these contribute to the intellectual discussion and allow for the introduction of new offshore technologies in our shipyards, new technologies that will position the region for successful deepsea exploration,” Zhang said.

In November 2010, ABS and CCS strengthened their collaborative efforts, formally established in 1993, by entering into a new Cooperative Agreement with offshore as a key area of focus for the two classification societies.

As a further demonstration of ABS’ long-term commitment to the Greater China region, in May 2011, ABS established the ABS China Offshore Technology Center (COTC) in partnership with Shanghai Jiaotong University (SJTU). While the research efforts will support development activities in the Greater China region, applied research will also be conducted on a wide range of energy development issues. The COTC is ABS’ fourth offshore-focused research center.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

CMA CGM Seeking Funds for NOL Takeover

France’s CMA CGM has approached banks to finance its potential takeover bid for Singapore’s Neptune Orient Lines Ltd (NOL), reports Bloomberg.   The world’s No.

Wärtsilä Strengthens Its Position in China with New Propulsion Orders

Two new marine geological research vessels under construction in China will feature a broad scope of Wärtsilä engines and propulsion equipment. Wärtsilä has maintained

Gulf and Hendry Marine Consolidate Operations

Gulf Marine Repair Corporation, a southeastern tug-barge shipyard, announced it is consolidating operations with Hendry Corporation, its affiliated company and fellow shipyard,


The Digital Oilfield Microwave Communication Offshore Brazil

With most offshore wells in Brazil located between 30 and 300 km from the coast, communication with offshore assets has not always been straightforward or reliable.

Fugro to Survey off Equatorial Guinea

Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) Limited for the provision of survey services for the development of large scale assets and

Wärtsilä Sternguard In-Water Serviceable Seal Launched

Wärtsilä, the marine and offshore industry's leading solutions and services provider, introduces an innovative new seal that can be fully serviced underwater, without setting up a habitat.


The Digital Oilfield Microwave Communication Offshore Brazil

With most offshore wells in Brazil located between 30 and 300 km from the coast, communication with offshore assets has not always been straightforward or reliable.

Opportunities for Growth as Chinese Economy Evolves

The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years.   Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates.

Hoegh LNG Q3 Profits Disappoints

Oslo-listed Hoegh LNG, whose floating plants turn liquefied natural gas (LNG) into gas, reported on Monday third-quarter earnings below forecasts and offered a dividend of $0.

Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1232 sec (8 req/sec)