Offshore Projects in China Advantages & Risks
description
Transcript of Offshore Projects in China Advantages & Risks
![Page 1: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/1.jpg)
Offshore Projects in ChinaAdvantages & Risks
Sam Shen, COOEC
April, 2012
![Page 2: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/2.jpg)
2
Offshore Projects
Risk Control Method
China Advantages
CONTENTSCONTENTS
![Page 3: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/3.jpg)
3
1940s 1970s 1990s 2000s Present …
The first oil FPSO was the Shell Castellon, built in Spain in 1977
Shell and Samsung announced an agreement to build up to 10 LNG FPSOs in 2009
Oil has been produced from offshore locations since the late 1940s.
Fixed Platforms + Jackets → Floating Facilities + Subsea Units
From shallow to deep, remote, even Arctic Areas
Going into More Difficult Environment
The first oil FPSO fabricated in China named “Bo Hai You Yi” was operatered in 1993.
160 FPSOs in the worldwide in 2010.
40-50 FPSO facilities are needed in the next 5 years.
… …
![Page 4: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/4.jpg)
4
Increasing Demand for Energy Facilities
•More demand for deep water facilities especially in South Americas and Western Africa•Many large-scale Onshore LNG Projects
FPSO Demand
Billion
![Page 5: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/5.jpg)
5
Projects / Modules Getting Bigger
Page 5
BZ34-1 Project (CEP/ 9,200T)
LD 27-2/32-2 Project (PSP/11,500T)
Jack-up Drilling Rig
(6800T×4)
JX 1-1 Project
(CEPA/ 9,900T)
Nickel Modularized Plant
(40,000T)
JZ25-1SProject
(CEPA/ 9,800T)
![Page 6: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/6.jpg)
6
Modularization Trend
Fabrication in Yards
Offshore Transportation
Site Installation
![Page 7: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/7.jpg)
7
What is required?
Innovative and Reliable engineering support Large & first-class Fabrication Facilities A large pool of experienced workers in particular Availability of necessary materials / equipment locally Sound logistic support like heavy lift / sea transportation
![Page 8: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/8.jpg)
8
Offshore Projects
Risk Control Methods
China Advantages
CONTENTSCONTENTS
![Page 9: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/9.jpg)
9
Advantages of Yards in China
Most Material and equipment available in China
Technical Compliance of Chinese Materials
Cost and time effectiveness of Materials made in China
Adequate Skilled Workforce Available
Many Excellent Yards already Qualified by International Clients
![Page 10: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/10.jpg)
10
Quay Line: 1,645 M Quay Water Depth: 10~12.4 M Total Area: 1,200,000 M2
Annual Fabrication Capacity: 270,000 T Dry Dock: 420 M ×110 M ×13.9 M
COOEC Qingdao Yard Facilities
The yard has experience with EPCI contract in the Asia Pacific region for oil & gas industry.
![Page 11: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/11.jpg)
11Page 11
Opportunity Topsides Pyrenees FPSO Project
PB GAS II
Duration : 2007.09-2008.03
Description: 3 Topside Modules
Weight: 700 T Client : MODEC
Duration : 2007.09-2008.06
Description : 10 Topside Modules
Module Weight : 6,900 T Client : MODEC
Duration: 2008.04-2009.09
Description: 10 Topside Modules
Module Weight: 5,500 T Client: BHP Billiton
Duration: 2008.04-2009.08
Description : 11 Topsides Modules
Module Weight: 6,445 T
Client : Petrobras
International Projects Reference
![Page 12: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/12.jpg)
12Page 12
Modular Plant for XstrataCOOEC strategically extended business to onshore market by signing a construction contract in 2008, which is an integrated and modularized nickel metallurgical plant.
Client : Xstrata, Canada Construction Yard : COOEC Qingdao Yard Site Location : New Caledonia Scope of Work : Shop Design, Procurement &
Construction Construction Weight : 30,000 Tons
![Page 13: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/13.jpg)
13Page 13
Gorgon Project for Chevron Gorgon Project for Chevron
Project Name : Chevron GORGON PARs Duration : 2011.01-2012.09 Description 157 Modules Weight : 37000 T Client : Chevron
![Page 14: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/14.jpg)
14Page 14
Qualified and Accepted by International Clients
We Can Do It!
![Page 15: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/15.jpg)
1515
COOEC FPSO ExperienceNo. PROJECT NAME CLIENT YEAR
1 QHD 32- 6 FPSO Project CNOOC / ARCO 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 Project CNOOC 20027 BN FPSO EPC Project CNOOC 2003
8Nan Hai EPC Project XI Jiang & Wen
Chang (QD Yard)CNOOC 2005
9PL 19-3 FPSO Hook-up Commissioning Project
Conoco Phillips 2006
10 Liu Hua FPSO Repair project CNOOC 2007
11TSJOC FPSO Topside Project (QD
Yard)TSJOC 2007
12PB Oil FPSO Topside Project (QD
Yard)Petrobras 2007
13Pyreneese FPSO Topside
EPC+Integration (QD Yard)BHPB 2007
14PB Gas ll FPSO Topside Project (QD
Yard)Petrobras 2008
15 Tupi FPSO Topside Project Petrobras 2009
COOEC FPSO Experience
Petrobras Opportunity FPSO Topsides Project
TSJOC FPSO Topsides Project
BHPB Pyrenees FPSO Topsides Project
HAIYANG SHIYOU 116 (Wen Chang Project)
HAIYANG HIYOU 113 (BZ25-1Project)
HAIYANG SHIYOU 112 (CFD Project)
HAIYANG SHIYOU 115 (Xi Jiang Project)
![Page 16: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/16.jpg)
16
CONTENTSCONTENTS
Offshore Projects
Risk Control Methods
China Advantages
![Page 17: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/17.jpg)
17
Risk Control Method
Choose the right vendor / yard – Pre-qualifications prior
to order placement;
Sound Quality & HSE Management System
Equipment and Facilities
Personnel Qualifications
Project References
CHINA
![Page 18: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/18.jpg)
18
Risk Control Method
More attention to process control for new partners;
Place more staff for supervision and surveillance
Training Programs (once found necessary)
Close Monitoring of Progress Performance
Minimize Culture conflict
CHINA
![Page 19: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/19.jpg)
19
Risk Control Method
Establish Strategic Partnership with First Class vendors
Select Best Partners
Establish Cooperation Framework
Revise / Improve Cooperation Model CHINA
![Page 20: Offshore Projects in China Advantages & Risks](https://reader036.fdocuments.us/reader036/viewer/2022062409/56814d60550346895dbaa6d2/html5/thumbnails/20.jpg)
THANK YOU!
ADDRESS: No.1078, Dan Jiang Road, Tanggu, Tianjin, 300451, P.R.ChinaCONTACT : Mr. Li XiaoWei TEL: +86 22 6690 8879FAX: +86 22 6690 8899WEBSITE: www.cnoocengineering.comE-MAIL: [email protected]
ADDRESS: No.492, Lian Jiang Road, Qingdao Economic & Technical
Development Zone, Qingdao, 266555, P.R.ChinaCONTACT : Mr. Shen Weihe TEL: +86 532 8675 8188FAX: +86 532 8675 8987WEBSITE: www.cnoocengineering.comE-MAIL: [email protected] [email protected]