The continental ocean area under China jurisdiction is around 3 million square kilometers. China continental offshore oil reserves are estimated at 240 million tons, about 22.9% of the total oil reserves of our country; and the offshore natural gas reserves are estimated at 14 trillion cubic meters, about 1 / 3 of the total natural gas reserves in China. According to the plan, the output of Chinese continental offshore oil and gas will reach 50 million tons of oil equivalents in 2010.
At present, the oil and gas reserves of land and shallow sea are depleting in global range. The deepwater exploration will be the hotspot of the oil and gas development in the future. According to the authoritative calculation, the investment on the development of deep water oil and gas will reach 160 billion USD in the next 5 years.A British market research institute recently released that the global investment on offshore engineering auxiliary ships will be expanded in 2009-2012. The investment peak will occur in the year of 2011. According to the calculation, the investment amount will be more than 103 billion USD.
Exhibition Information
Nov 8-10 The 3rd Annual Deepwater Asia Pacific Convention 2010 (Exhibition) will be held simultaneously with China Shipbuild Expo 2010 & China Oceaneng 2010 in Shanghai International Exhibition Center. The total booth area reached to
8000 m2, and it has attracted more than 300 exhibitors from 19 countries.
Exhibition Area: 8000 m2
Participating Countries: 19
Exhibiting Companies: 300+
Total Visitors: over 15000
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