China has reduced its reliance on oil imports by deploying production platforms to offshore oilfields off the country’s southern coast.
Media reported that he was in one location in Zohai, the confrontation of the Macao peninsula known for its casinos; There are more than 15 thousand workers simultaneously managed from a unit of China National Offshore Oil Corp., known as SINOC, which is working to provide production platforms for deployment to China’s offshore oilfields.
Intensive deep-water drilling comes as China finds itself relying on ancient land wells amid a binge-appetite for energy resources, forcing it to become more dependent on foreign crude oil.
For SINOC, one of three major State-owned oil companies in China with a sprawling industrial base and deep-water ambitions; They spend generously to develop drilling technology that is currently dominated by Western oil majors. But the rush to disputed waters by China’s neighbors has left it locked in a struggle with the US government as well.