CNOOC Wantai held a grand groundbreaking ceremony---cooperating with CNOOC to build a "big power weapon"! , Cheer for the country!

      On November 5, 2020, China Oceanic Wantai Technology Co., Ltd. (hereinafter referred to as “China Oceanic Wantai”) offshore oil high-end equipment (logging and directional drilling) R&D and manufacturing base project was in Shishan, Nanhai, Foshan The groundbreaking ceremony was solemnly held. CNOOC Wantai is invested by China Oilfield Services Co., Ltd. (hereinafter referred to as "CNOOC"), Foshan Nanhai Zhongnan Machinery Co., Ltd. (hereinafter referred to as "Zhongnan Machinery"), Foshan Nanhai Yingtian Investment Co., Ltd. and Foshan Industrial Development Investment Co., Ltd. Joint investment and construction by the Fund Co., Ltd. Among them, China National Offshore Oil Services holds 40% of the shares, and Zhongnan Machinery holds 33% of the shares.

      The project occupies an area of about 84 acres and the planned investment is about 1 billion yuan. After reaching full capacity, the annual sales income is expected to exceed 2 billion yuan. It mainly produces key mechanical components of oil drilling equipment, including rotary steering drilling and subsequent Drilling and logging equipment (Drilog+Welleader®), open hole wireline logging equipment (ELIS®), casing logging equipment and other key mechanical components. It is planned to build a research and development and manufacturing base for offshore oil high-end equipment (well logging and directional drilling). COSL is one of the world’s largest comprehensive oilfield service providers. Its self-developed logging-while-drilling and rotary steering drilling system (commonly known as the "snake" drilling logging system) is a new cutting-edge automated drilling technology that represents It has achieved the highest level of drilling and logging technology development in the world today. The research and development of these two technologies broke the foreign technology monopoly, making my country the second country in the world to possess both technologies. As an important manufacturing base of COSL’s high-end petroleum machinery and equipment, CNOOC Wantai's products are mainly used in the field of oil and gas exploration and development, including rotary steering drilling and logging while drilling equipment, open hole cable logging equipment and other high-end petroleum machinery key equipment and key machinery Parts and components, various technologies are at the world's advanced level, are a major national equipment localization project, which not only meets the procurement needs of CNOOC Corporation, but also provides corresponding product supporting services for domestic and foreign enterprises.

Xu Guan, General Manager of CNOOC Wantai, Lu Tao, Vice President and General Counsel of CNOOC Oilfield Services Co., Ltd., Gu Yaohui, Deputy Secretary and District Governor of Nanhai District, Huo Jian, Deputy General Manager of China National Offshore Oil Corporation, and Deputy Mayor of Foshan Qiao Yu and others spoke separately.

     "Xu Guan, general manager of China Shipping Wantai, said: The company is committed to building a high-end offshore oil machinery key equipment and key parts manufacturing base, and strive to become the first domestic and internationally influential professional and large-scale High-end petroleum machinery and equipment suppliers will become the "beautiful business card" of high-end machinery and equipment in Nanhai, Foshan.

     CNOOC Oilfield Services Co., Ltd. Vice President and General Counsel Lu Tao said that the logging while drilling and rotary steering drilling system independently developed by COSL (commonly known as the "snake" drilling logging system) is a This new cutting-edge automated drilling technology represents the highest level of drilling and logging technology development in the world today. This technology has become a necessary technology for complex ultra-deep directional wells and extended reach horizontal wells. These two technical fields broke the international monopoly, making my country the second country in the world to possess both of these two technologies. As an important manufacturing base of COSL's high-end petroleum machinery and equipment, CNOOC Wantai's products are mainly used in the field of oil and gas exploration and development, including rotary steering drilling and logging while drilling equipment, open hole cable logging equipment and other high-end petroleum machinery key equipment and key machinery Parts and components, various technologies are at the world's advanced level, are a major national equipment localization project, which not only meets the procurement needs of CNOOC Corporation, but also provides corresponding product supporting services for domestic and foreign enterprises.

     Gu Yaohui, Deputy Secretary of the Nanhai District Party Committee and District Mayor, said that the project reflects the good results of the South China Sea in attracting investment and contributes to the intelligent manufacturing of the South China Sea, the construction of a modern industrial system of "two highs and four new" and even advanced equipment on the west bank of the Pearl River. The development of the manufacturing industry has greatly promoted. The Nanhai District Committee and the District Government will continue to provide the best services for project construction and create the best environment.

      Huo Jian, deputy general manager of China National Offshore Oil Corporation, stated in his speech that CNOOC Wantai is one of the deepening reform tasks of the SASAC’s "Double Hundred Action", which is to quickly break through the bottleneck of production capacity and realize the technological development of CNOOC , The strategic need of international development. At the same time, this is also the first mixed-ownership reform company under CNOOC to engage in high-end petroleum exploration and development equipment manufacturing industry. CNOOC Wantai’s settlement in Nanhai, Foshan, is an important manifestation of CNOOC’s deeper integration into the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. This also means that the South China Sea’s high-tech manufacturing industry has penetrated and rooted in the field of high-end petroleum instruments, and effectively solved high-end oil drilling equipment. The localization problem sets a benchmark in the industry. We hope that with the joint promotion of Foshan Municipal Government, CNOOC and all project participants, we will strive to build the CNOOC Wantai project into an excellent model of "joint construction and development of enterprises and land", and contribute to the transformation, upgrading and high-quality development of my country's manufacturing industry. Contribute greater value to the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the construction of a maritime power!

     Vice Mayor of Foshan City, Qiao Yu, said in his speech that the logging while drilling and rotary steering drilling system independently developed by COSL is a new cutting-edge automated drilling technology, representing the development of drilling and logging technology in the world today. The highest level. The construction of this project will create a high-end equipment manufacturing industrial park that forms a radiation area, and at the same time help the development of Foshan’s Nanhai high-end manufacturing industry. This project has a positive driving effect on Foshan’s high-tech manufacturing and advanced equipment manufacturing and will vigorously promote it Foshan has taken a new step from being a big manufacturing city to a strong manufacturing city.

     Foshan Nanhai Zhongnan Machinery Co., Ltd. is one of the main investors of this project. It is the deputy director unit of the Guangdong Mechanical Engineering Society, accounting for 33% of the shares. As a private enterprise in Nanhai, Zhongnan Machinery focuses on large machinery The design and precision machinery manufacturing group is also the national invisible champion of the Nanhai manufacturing industry. Its precision machining, CNC machine tools and other technologies are domestically leading. Currently, it has established eight precision manufacturing bases and two engineering technology research and development centers across the country.

Professor Liu Yihua, Executive Vice Chairman and Secretary-General of the Guangdong Mechanical Engineering Society, was invited and represented the Chairman Qu Jinping to attend the groundbreaking ceremony of the "China Ocean Wantai" offshore oil high-end equipment (logging and directional drilling) R&D and manufacturing base project. Xu Guan, vice chairman of the Provincial Society and general manager of Zhonghai Wantai, expressed his warm congratulations.

(Comprehensive report by the Secretariat of the Provincial Society