Asia’s first cylindrical floating production storage and offloading (FPSO) facility, “Haikui No.1,” has been completed in east China’s Qingdao City. The landmark achievement marks a significant technological breakthrough in China’s offshore oil and natural gas exploration capabilities.
Independently designed and constructed by China, “Haikui No.1” represents the nation’s advancement in high-end offshore engineering. The cylindrical FPSO design offers enhanced stability and efficiency compared to traditional ship-shaped models, particularly in harsh sea conditions.
The completion of “Haikui No.1” not only strengthens China’s energy infrastructure but also underscores its growing expertise in maritime engineering. The facility is expected to play a vital role in tapping into offshore resources, contributing to the nation’s energy security and economic development.
Located in Qingdao, a major maritime hub, the successful construction of the FPSO reflects China’s commitment to innovation and self-reliance in key technological sectors. Industry experts predict that this development will bolster Asia’s presence in the global offshore energy sector.
Reference(s):
cgtn.com
