Shengli builds China's largest offshore oil base (Xinhua) Updated: 2004-10-05 18:41
Shengli Oilfield, one of China's key crude and gas producers, has built the
biggest offshore oil production center in China, according to a spokesman for
the oilfield.
The center is located on Bohai Sea and is capable of turning out 2 million
tons of crude oil and gas annually.
Shengli Oilfield, based in Dongying City, East China's Shandong Province, set
up its marine petroleum development arm in 1994, with six shabby marine
platforms for oil drilling and several refitted oil tankers.
Up to now, the center is constructed with more than 80 platforms for sea
drilling and with 100-km-long seabed pipelines for oil and gas transport. It has
altogether produced 16 million tons of crude and gas.
With 100,000 employees, Shengli Oilfield turned out 26.58 million tons of
crude oil and 810 million cubic meters of gas last year. It is striving to
produce 30 million tons of crude oil annually, said the
spokesman.