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Status of China's offshore oil extraction equipment

Dec 30, 2019

Although the global energy crisis is getting worse, competition between oil and gas extraction companies is becoming increasingly fierce. 

Facing the development trend of petroleum exploration to the deep sea, deep formations, deserts, beaches, alpine regions, tropics, and overseas, it is necessary to develop equipment suitable for the environment;

 Petroleum development should be developed towards heavy oil, heavy oil, asphalt oil, oil sands, shale oil, high water content and high sand content oil and gas fields. It is necessary to develop corresponding acid, alkali, high temperature, high pressure equipment and solve related technical problems.

The development of natural gas will accelerate. The proportion of natural gas consumption in primary energy will increase from the current 2.6% to 7%. Long-distance pipeline construction and LNG transportation, storage, gasification facilities and small distribution equipment will be an emerging market worthy of corporate attention.


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