Offshore business supports the "half the sky" of COSCO Shipyard

In 2012, 6 marine products were delivered. The offshore construction and modification business accounted for more than 50% of the main revenue. It received a cylindrical floating production and storage vessel (FPSO) and a semi-submersible life service platform. Orders such as jack-up drilling platforms and platform supply vessels (PSV), the current orders for handheld offshore products account for 1/3 of the total orders for offshore products, and 28 projects under construction. The offshore business has already supported half of the COSCO Shipyard Engineering Group Co., Ltd.

Offshore construction: smooth and smooth water
On February 14, 2012, Nantong COSCO Shipyard Engineering Co., Ltd. won the 2011 National Science and Technology Progress Award for the “Key Design and Manufacturing Technology for Deep Sea High Stability Cylindrical Drilling and Storage Platform”. Since then, the construction and construction work of the COSCO Shipyard Offshore Engineering Project has been smooth and smooth, and the news of receiving orders has continued. On March 4th, the second "SEVAN BRASIL" in its "Hope" series platform was successfully delivered. Among the two “Hope” series of platforms currently under construction, one has completed the main structural construction and main equipment hoisting, entering the internal cable laying and commissioning stage of large-scale facilities and equipment, and is expected to be delivered in the second half of 2013; the other one has been Recently, the large-scale module has been completely hoisted and assembled, and is scheduled to be delivered in early 2014.
On September 26, 2012, the sixth generation of deepwater semi-submersible drilling rig "ISLAND INNOVATOR" (Innovator) was successfully constructed and delivered by Nantong Shipping. The delivery of the “Innovator” marks the global adaptability of the semi-submersible drilling platform built by COSCO Shipyard.
On October 19, 2012, COSCO Shipyard successfully delivered the world's third-generation wind power installation ship “Sea Installer” designed and built by Danish shipowners. The ship is a special marine engineering special ship that has reached the advanced level in the world, has a high degree of automation, and integrates large-scale windmill components transportation and lifting and installation functions. COSCO Shipyard owns the independent intellectual property rights of the production design and detailed design of this series of offshore wind power installation vessels, which fills the blank of the design and construction of the third generation of advanced self-elevating offshore wind power installation special ships in China. So far, COSCO Shipyard has successfully delivered three wind power installation vessels, further consolidating its leading position in the design and construction of domestic jack-up offshore wind power installation vessels.
On December 18, 2012, Nantong Shipping Drilling Auxiliary Ship "T-15" was successfully delivered. “T-15” is the first of the four drilling auxiliary vessels designed and built by Nantong Shipping. At present, the series of drilling auxiliary ships "T-16" and "Tengda 17" have entered the stage of the project, and the "Tengda 18" has been carried on the slipway.
In addition, the construction of the ultra-deepwater drilling ship “Dalian Trailblazer” undertaken by Dalian COSCO Shipyard Engineering Co., Ltd. is also proceeding smoothly. On December 18, 2012, the “Dalian Trailblazers” successfully completed the last docking project before delivery. During the docking, the sounding and speed measuring devices were modified, and the well pipe automatic conveying system was commissioned and reported. 3000 alarm points for inspection, engine driving test and other work. Today, the ship is undergoing post-commissioning and will be delivered in due course.

Offshore modification: strong advancement
The offshore engineering conversion business is an important part of COSCO Shipyard's offshore business. Since the modification of FPSO for Japan MODEC in 2007, Dalian Shipping has been hailed as “FPSO conversion factory” for its high-yield and high-quality modification. In 2012, this “retrofit factory” continued to play its advantage “track”. ––FPSO modification. On November 15, 2012, Dalian Shipping was officially delivered to the FPSO "Nisa" modified by Norwegian offshore oil and gas service company BW Offshore. This is the first cooperation between Dalian Shipping and BW Offshore. The “Nisa” is also the fifth FPSO modified product completed by Dalian National Petroleum Corporation as an end user. At present, Dalian Shipping is modifying the sixth FPSO “Songjie” for Petrobras. Its main project has been completed and is expected to be delivered in the first quarter of 2013. It was because of the smooth progress of the conversion project that Dalian Shipping received an order for the construction of a valuable offshore module in 2012.
On June 18, 2012, Guangdong COSCO Shipyard Engineering Co., Ltd. lasted 270 days and nights of the well-modified floating storage vessel (FSO) "Ji Dun-11" was delivered on schedule. The successful modification of the ship officially announced to the industry that Guangdong Shipping has the ability to provide one-stop service for design, procurement, construction and commissioning for offshore customers, laying a solid foundation for its entry into the offshore construction market.
The modification of the series FPSO not only improved the conversion strength of COSCO Shipyard, but also improved its offshore engineering design capability. In the process of modifying FPSO “Songjie”, Dalian Shipping seriously summarized the previous design experience of refitted, and boldly tried to integrate the advanced concept of shipbuilding design into the design of marine engineering, forming a three-dimensional modeling and unitized design. The core new type of offshore engineering modification design model further enhances the technical strength of its FPSO offshore modification.

Offshore development: Hundreds of flowers
In the past few years, COSCO Shipyard's offshore business mainly focused on Nantong Shipping, COSCO Shipyard (Qidong) Marine Engineering Co., Ltd. and Dalian Shipping. Since 2012, COSCO Shipyard's Guangdong Shipping and Zhoushan Shipping Projects Co., Ltd. and Shanghai Shipping Engineering Co., Ltd. also undertook the order of the offshore engineering project in real sense and started production, thus realizing the "North Central South" layout of COSCO Shipyard's offshore business. On September 20, 2012, Guangdong Shipping was the first offshore engineering auxiliary drilling ship designed and built for Singapore shipowners, marking the substantial progress made by COSCO Shipyard in the layout of marine engineering construction industry in South China.
Especially worth mentioning is Shanghai Shipping Engineering Co., Ltd., a small factory with only 37,000 square meters of space and 280 meters of coastline. With the support of COSCO Shipyard Headquarters and brothers, it starts from technical service and passes. Provided offshore construction technology and production management consulting services for Brazilian shipyards and successfully entered the mainstream market of Brazilian offshore industry. In mid-September of 2012, Shanghai Shipping and Brazil signed a contract for the construction of eight FPSO universal modules with a total contract value of more than US$300 million. It has embarked on a road of “strengthening from the technical service to project construction”. . On December 11, the Shanghai Shipping Marine Module was officially started.
On September 3, 2012, COSCO Shipyard established the Offshore Business Division with the aim of building strength in the development of offshore business, grabbing the market, expanding its advantages, and achieving professional development. The business department mainly undertakes four functions: one is the development and planning of the offshore industry; the second is the innovation and guidance of offshore construction technology; the third is the construction and mode promotion of the offshore engineering system; the fourth is the introduction of marine engineering professionals. With cultivation. At present, its work has been fully carried out.
The construction of the system is the fundamental guarantee for the offshore construction enterprises to be recognized by major international oil companies. In 2012, COSCO Shipyard made a breakthrough in the construction of the offshore system and made breakthroughs – the Nantong Shipping Health, Safety, Security, and Environment (HSSE) system passed the review of a British oil company and took over one of them. The cylindrical FPSO project, the first overseas FPSO design, procurement and construction general contract order obtained by China's offshore equipment construction enterprises, with a total contract price of US$368 million. COSCO Shipyard will use this as an opportunity to demonstrate its offshore construction strength to world-class oil companies, increase market development efforts, and strive to achieve more breakthroughs in order contracting.


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