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Offshore Projects in China Offshore Projects in China Advantages & Risks Advantages & Risks Sam Shen, COOEC April, 2012
Offshore Projects in ChinaOffshore Projects in ChinaAdvantages & RisksAdvantages & Risks
Sam Shen, COOECApril, 2012
CONTENTSCONTENTS
Offshore Projects
China Advantages
Risk Control Method
China Advantages
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Going into More Difficult Environment
… …
The first oil FPSO was the Shell Castellon, built in Spain in 1977
Shell and Samsung announced an agreement to build up
Oil has been produced from offshore locations since the late 1940s
The first oil FPSO fabricated in China named “Bo Hai You
160 FPSOs in the worldwide in 2010.
40 50 FPSO facilities
1940s 1970s 1990s 2000s Present
built in Spain in 1977 agreement to build up to 10 LNG FPSOs in 2009
late 1940s. named Bo Hai You Yi” was operatered in 1993.
40-50 FPSO facilities are needed in the next 5 years.
1940s 1970s 1990s 2000s Present …
Fixed Platforms + Jackets → Floating Facilities + Subsea Units
3From shallow to deep, remote, even Arctic Areas
Increasing Demand for Energy FacilitiesFPSO Demand
Billiion
•More demand for deep water facilities especially in South Americas and Western Africa•Many large-scale Onshore LNG Projects
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Projects / Modules Getting Bigger
BZ34 1 Project J k D illi RiBZ34-1 Project(CEP/ 9,200T)
LD 27-2/32-2 Project (PSP/11,500T)
Jack-up Drilling Rig(6800T×4)
JX 1-1 Project Nickel Modularized PlantJZ25-1SProject
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(CEPA/ 9,900T) (40,000T)JZ25 1SProject
(CEPA/ 9,800T)
Modularization Trend
Fabrication in Yards
Offshore Transportation
Site InstallationYards Transportation Installation
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What is required?
Innovative and Reliable engineering supportLarge & first class Fabrication FacilitiesLarge & first-class Fabrication FacilitiesA large pool of experienced workers in particularAvailability of necessary materials / equipment locallyAvailability of necessary materials / equipment locallySound logistic support like heavy lift / sea transportation
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CONTENTSCONTENTS
Offshore Projects
China Advantages
Risk Control Methods
China Advantages
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Advantages of Yards in China
Most Material and equipment available in China
T h i l C li f Chi M t i lTechnical Compliance of Chinese Materials
Cost and time effectiveness of Materials made in China
Adequate Skilled Workforce Available
Many Excellent Yards already Qualified by International ClientsMany Excellent Yards already Qualified by International Clients
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COOEC Qingdao Yard Facilities
Quay Line: 1,645 M
Q g
Quay Line: 1,645 MQuay Water Depth: 10~12.4 MTotal Area: 1,200,000 M2
Annual Fabrication Capacity: 270 000 TAnnual Fabrication Capacity: 270,000 TDry Dock: 420 M ×110 M ×13.9 M
10The yard has experience with EPCI contract in the Asia Pacific region for oil & gas industry.
International Projects ReferenceDuration： 2007.09-2008.03 Description: 3 Topside ModulesWeight: 700 TCli t MODECClient： MODEC
Opportunity Topsides Pyrenees FPSO Project PB GAS II
Duration： 2007.09-2008.06 Description：10 Topside Modules
Duration: 2008.04-2009.09 Description: 10 Topside Modules
Duration: 2008.04-2009.08Description : 11 Topsides Modules
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Module Weight：6,900 TClient：MODEC
Module Weight: 5,500 TClient: BHP Billiton
Module Weight: 6,445 TClient： Petrobras
Modular Plant for XstrataCOOEC strategicall e tended b siness to onshoreCOOEC strategically extended business to onshoremarket by signing a construction contract in 2008,which is an integrated and modularized nickelmetallurgical plant.metallurgical plant.
Cli t X t t C dClient : Xstrata, CanadaConstruction Yard : COOEC Qingdao YardSite Location : New CaledoniaS f W k Sh D i P & Scope of Work : Shop Design, Procurement & ConstructionConstruction Weight : 30,000 Tons
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Gorgon Project for ChevronGorgon Project for Chevron
Project Name ： Chevron GORGON PARsDuration ： 2011.01-2012.09Description 157 ModulesWeight ： 37000 TClient Chevron
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Client： Chevron
Qualified and Accepted by International Clients
We Can Do It!We Can Do It!
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COOEC FPSO E i
COOEC FPSO Experience COOEC FPSO Experience
No. PROJECT NAME CLIENT YEAR1 QHD 32- 6 FPSO Project CNOOC / ARCO 19992 Wen Chang FPSO EPC Project CNOOC / Husky 19992 Wen Chang FPSO EPC Project CNOOC / Husky 19993 FPSO Modification Project for PL19-3 Conoco Phillips 20014 PY 4-2 / 5-1 FPSO EPC Project CNOOC 20025 CFD 11-1 / 11-2 FPSO EPC Project KMG 20026 BZ 25 1 FPSO EPC P j t CNOOC 2002
BHPB Pyrenees FPSO Topsides Project
HAIYANG SHIYOU 116 (Wen Chang Project)
6 BZ 25-1 FPSO EPC Project CNOOC 20027 BN FPSO EPC Project CNOOC 2003
8 Nan Hai EPC Project XI Jiang & Wen Chang (QD Yard) CNOOC 2005
PL 19-3 FPSO Hook-up Petrobras Opportunity
HAIYANG SHIYOU 115 (Xi Jiang Project)
9 PL 19-3 FPSO Hook-up Commissioning Project Conoco Phillips 2006
10 Liu Hua FPSO Repair project CNOOC 2007
11 TSJOC FPSO Topside Project (QD Yard) TSJOC 2007
Petrobras Opportunity FPSO Topsides Project
HAIYANG HIYOU 113)
12 PB Oil FPSO Topside Project (QD Yard) Petrobras 2007
13 Pyreneese FPSO Topside EPC+Integration (QD Yard) BHPB 2007
14 PB Gas ll FPSO Topside Project (QD Y d) Petrobras 2008
TSJOC FPSO Topsides Project
HAIYANG HIYOU 113 (BZ25-1Project)
1515
14 Yard) Petrobras 2008
15 Tupi FPSO Topside Project Petrobras 2009
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HAIYANG SHIYOU 112(CFD Project)
CONTENTSCONTENTS
Offshore Projects
China Advantages
Risk Control Methods
China Advantages
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Risk Control MethodChoose the right vendor / yard – Pre-qualifications prior
to order placement;
Sound Quality & HSE Management System
Equipment and Facilitiesq p
Personnel Qualifications
Project References
CHINAProject References
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Risk Control MethodMore attention to process control for new partners;
Place more staff for supervision and surveillance
Training Programs (once found necessary)Training Programs (once found necessary)
Close Monitoring of Progress PerformanceCHINA
Minimize Culture conflict
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Risk Control MethodEstablish Strategic Partnership with First Class vendors
Select Best Partners
Establish Cooperation FrameworkEstablish Cooperation Framework
Revise / Improve Cooperation ModelCHINA
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THANK YOU!
ADDRESS: No.1078, Dan Jiang Road,Tanggu, Tianjin, 300451, P.R.China
CONTACT M Li Xi W i
ADDRESS: No.492, Lian Jiang Road,Qingdao Economic & Technical D l t Z Qi d 266555 P R ChiCONTACT : Mr. Li XiaoWei
TEL: +86 22 6690 8879FAX: +86 22 6690 8899WEBSITE: www.cnoocengineering.comE-MAIL: [email protected]
Development Zone, Qingdao, 266555, P.R.ChinaCONTACT : Mr. Shen Weihe TEL: +86 532 8675 8188FAX: +86 532 8675 8987WEBSITE: www.cnoocengineering.com@ g gE-MAIL: [email protected]
