Overview:
The exploitation of offshore oil, natural gas and other minerals has gradually developed and enriched. According to the sea area for marine development and utilization, marine engineering can be divided into coastal engineering, offshore engineering and deep-sea engineering; in the past 10 years, the world's offshore oil and natural gas production has steadily increased. 34.1% of the total production. 2004-2008 will be an active period for deep-sea oil and gas exploration. In 2004, deep-sea oil production could meet about 5% of global oil demand. By 2010, deep-sea crude oil production is expected to reach 8.5 million barrels per day (430 million tons per year), which can meet 9% of global oil demand. In 2003, the Asia-Pacific region's offshore oil and gas investment accounted for 16.3% of the world's total, and it is expected to increase to 19.5% in 2008. Offshore oil production in the Asia-Pacific region is expected to increase from 163 million tons in 2002 to 299.5 million tons by 2008. The countries with the fastest growth in offshore oil and gas projects and investments in the Asia-Pacific region will be China, Russia (Sakhalin), Indonesia, India, Australia and Malaysia.
Typical performance: