FPSO China Summit

Shanghai, China 16 17 February / 2012

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About the trade show

During the China 13th Five-Year-Plan, China National Offshore Oil Corporation (CNOOC), China National Petroleum Corporation (CNPC) and China Petrochemical Corporation (SINOPEC) are boosting their investments in offshore projects. It is predicted that during the "13th Five-Year-Plan Period” ,the market scale of the Chinese offshore oil
field service industry (including drilling) will reach RMB 190 billion.
Under this industry developing momentum, some experts has claimed that the depletion of oil and gas resources in shallow water, coupled with the increase in energy demand, will force the China petroleum industry to move into deeper water.
Increasing Deep and Ultra-deep Water Exploration and Production is Driving the Growth of the FPSO Industry. However, it is not possible to extrapolate the shallow water technology into deep waters. To meet the market demand, the petroleum industry is developing and implementing new technologies based on limited experience, as full-scale experimental verification is not always possible. There is an urgent need to
study these new technologies, as the consequences of failure of such systems are enormous. A failure, apart from causing financial loss, may also lead to environmental hazards such as oil spills, which may endanger the sea flora and fauna.
The FPSO China Summit 2012 organized by Genesis Resourcing Consulting China will gather 200 decision makers from global industry leading companies, institutes, association and government to draw the blueprint for the development of China FPSO industry. This innovative and focused business event will provide you with a precious networking platform and konwledge pool to map out your own business development strategis and position your service for maximum market share beyond 2012 in China! We are looking forward to meet you in Shanghai!
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Venue: Ramada Plaza Gateway
Address: 327号 Tianyueqiao Rd, Xuhui, Shanghai, China
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