China Offshore Oil Engineering Company News

China Classification Society (CCS) is reporting the successful surveying of the world’s first 100,000 DWT deep-water semi-submersible floating production storage and offloading installation (FPSO).Dubbed Shen Hai Yi Hao, the platform is formally commencing production after being installed at the Lingshui (LS) 17-2 gas field in the South China Sea following an announcement by Wang Dongjin, the chairman of its operator China National Offshore Oil Corporation (CNOOC) which is China's largest producer of offshore crude oil and natural gas.

A group of Japanese shipbuilders led by Mitsubishi Heavy Industries Ltd (MHI) plans to exit its 30 percent stake in Brazilian shipbuilder Ecovix and declare the investment as a loss, Valor Economico newspaper reported on Tuesday. The group led by MHI plans to sell its stake in Ecovix, which it bought in 2013 for about $300 million, to Jackson Empreendimentos for a "symbolic amount," Valor reported. Jackson Empreendimentos owns the remaining 70 percent of Ecovix, the controller of Estaleiro Rio Grande (ERG) shipyard in the Brazilian city of Rio Grande. In addition to MHI, the Japanese group includes Mitsubishi Co and the Imabari, Namura and Oshima Shipbuilding companies, the newspaper reported. MHI's Brazilian unit did not answer calls requesting comment.

Hallin Marine, a Superior Energy Services company, says it has completed a unique project for COOEC Subsea Technology, a wholly-own subsidiary of COOEC (China Offshore Oil Engineering Company) which  involved the replacement of 9 mooring lines beneath the floating production storage and offloading (FPSO) vessel HYSY111, while maintaining live operations. The oil and gas industry has previously witnessed the replacement of a single damaged mooring line replacement under such conditions; however this is the first time all FPSO mooring lines have been replaced as one continuous activity. The entire task was completed ahead of schedule without shutting down production on the facility, and with zero lost-time injury.

China Offshore Oil Engineering Company (COOEC) and Norway's Kvaerner are setting up a joint venture in China to conduct oil engineering projects worldwide in the second international cooperation deal for the Chinese firm in six months. In December last year COOEC set up a joint venture with French oil services group Technip to provide engineering and equipment for deepwater oilfields off China. "Kvaerner will bring international management, tools and working methods while COOEC is providing a team of experienced offshore engineers," Zhou Xuezhong, president and CEO of COOEC, said in a statement. In April the firms signed a 10-year strategic cooperation agreement to develop business projects together in the oil sector. The new company will be based in Qingdao, Shandong province.

Trelleborg’s engineered products operation has completed its first oil and gas floatover project in China, supplying a range of its floatover hardware for the BoZhong (BZ) 35-2 COOEC offshore platform in Tianjin. Designed and fabricated by China Offshore Oil Engineering Company (COOEC), the platform’s specification called for hardware that guaranteed reliability and safety, and required a supplier with the highest standards and a strong track record. Leg mating unit (LMU) components…

Mark Mellinger, President of Headhunter, Inc., announced that the company’s Tidal Wave HMX Model 8202 sewage treatment plant was completed and exported to China for installation on the Panyu PY34-1 CEP, a $205 million gas production platform under construction in Qingdao by China Offshore Oil Engineering Company (COOEC). The Tidal Wave HMX systems are USCG-certified to IMO MEPC 159(55) standards. They can process up to 50,000 gallons of effluent per day and use flocculants, chemical oxidation, hydro-maceration and patented crossflow separation techniques to destroy influent biomass.