energize oil & gas – issue 01-2013 - GL Group

CNPC.
China National Petroleum Corporation is
China’s largest oil and gas corporation as well
as one of the world’s major oilfield service
providers and a globally reputed petroleum
engineering and construction contractor.
Illustration: Isaxar, Suljo | Dreamstime.com
hai Bay, the innermost section of the Yellow Sea in northeastern
China. Offerings include various research and development
services, such as Platform Supply Vessels (PSV),
anchor-handling tug supply vessels (AHTS) and drilling rigs,
as well as construction projects.
Apart from optimising these shallow-water installations,
CPOE has formulated a strategy to push its coordinated oil
and gas exploration and production activities into deeper
waters, both at home and abroad. To accelerate expansion
into deeper offshore operations, CPOE is planning to make
substantial investments over the coming years. “With shallow
water as its traditional battlefield, CPOE is now acquiring
the expertise and equipment it needs to pursue its goals
in deep-sea operations,” Zhang said. Furthermore, CPOE
will expedite CNPC’s overseas expansion by helping it tap
into offshore reserves in foreign countries. “Our main customer
is CNPC, but there are many international offshore
projects we are interested in, and there will be more clients
to serve,” Zhang explained.
Sharing Expertise
With the new facilities in place to prepare for competition
in the international arena, a first-class team of
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