Long-term development plans for marine equipment have been issued

The Medium- and Long-term Development Plan for Marine Engineering Equipment Manufacturing (2011-2020) was formally released by the Ministry of Industry and Information Technology and other departments in recent days. "Planning" proposes that by 2015, the annual sales revenue of the entire industry will reach more than 200 billion yuan, of which the international market share of offshore oil and gas development equipment will reach 20%. Moreover, the "planning" proposes to focus on cultivating 5-6 general contractors with strong international competitiveness.

China Ocean Engineering Network experts predict that with the gradual clarity of China’s marine strategy, the huge market space for China’s marine equipment in the future will also become increasingly clear. The entire offshore industry is now entering a golden era of leap-forward development.

Detailed Development Targets in Four Aspects In September last year, four ministries and commissions including the National Development and Reform Commission issued the Circular on Printing and Distributing the Innovation and Development Strategy for Marine Engineering Equipment Industries (2011-2020), which will upgrade the innovation and development of marine engineering equipment industry into a national strategy. The "Planning" released this time clarifies the four development goals.

First, the scale of the industry ranks in the forefront of the world. According to the “Planning”, by 2015, the annual sales revenue of the offshore industry will reach over 200 billion yuan, and the industrial added value rate will increase by 3 percentage points over the end of the “Eleventh Five-Year Plan” period, in which the international market share of offshore oil and gas development equipment will reach 20%; In 2020, the annual sales revenue will reach over 400 billion yuan, and the industrial added value rate will increase by 3 percentage points, among which the international market share of offshore oil and gas development equipment will reach over 35%.

The second is to form several industrial agglomeration areas and large-scale backbone enterprise groups. We will focus on building three industrial agglomeration areas in the Bohai Rim region, the Yangtze River Delta region and the Pearl River Delta region, and focus on cultivating 5-6 general contractors with strong international competitiveness. Third, the level of technology and innovation have significantly improved. Fourth, the manufacturing capabilities of key systems and equipment have been significantly enhanced. In 2015, the supporting rate of key systems and equipment for offshore oil and gas development equipment will reach over 30%, and will reach 50% in 2020.

Broadening financing channels for related companies To promote the above development goals, the "Planning" has deployed major tasks such as accelerating the scale of industrial development, including supporting companies to use their existing shipbuilding facilities to develop offshore engineering equipment manufacturing, and intensifying corporate mergers and reorganizations. The "planning" also proposes that policies and measures will be introduced from the aspects of actively nurturing the equipment market, standardizing and guiding social investment, improving fiscal and taxation and financial support policies, intensifying the support for scientific research and development, promoting the establishment of industrial alliances, and increasing the strength of the talent team. Actively promote the realization of the goals of the Plan.

"Planning" emphasizes that the construction of large-scale special marine infrastructure equipment projects needs to be reported to the state for approval; support for insurance institutions to establish insurance mechanisms to provide insurance for users of marine engineering equipment and ancillary equipment; encourage and support financial institutions to accelerate innovation in financial products and services Effectively expand the financing channels of marine engineering equipment manufacturing companies.

It is reported that the Ministry of Industry and Information Technology will also work out plans for the implementation of the "plan" with the National Development and Reform Commission, the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission, the National Energy Administration, and the State Oceanic Administration, and establish a working mechanism for the division of labor, collaboration, and advancement of all departments.

In response, data provided to reporters by Yi Haiwen, chief analyst of China Ocean Engineering Network, showed that even with the global economic downturn last year, the global holding of marine equipment steadily increased. It is predicted that with the development of China’s marine engineering industry and the frequent issuance and implementation of offshore support policies and the transfer of global marine equipment manufacturing centers to China, the global market share of China’s marine equipment will continue to increase in the coming years. By 2015, it is expected to reach the 20% target proposed by the plan.

The policy establishes a strategic position for the development of marine engineering into capital. The new blue ocean currently has a total oil and gas resource of 350-400 billion tons of oil equivalent in China's sea areas. However, the deep-sea oil and gas development technology is backward, and lacks the necessary deep-sea oil and gas resources for drilling, mining, and production equipment, so the degree of exploitation and average The proven rate is relatively low.

With the improvement of offshore oil exploration and development technologies and the improvement of China’s overall national strength, China is making every effort to prepare for the exploration and development of deep-sea oil and gas resources in the South China Sea, and for the first time put South China Sea’s equity in China’s core interests. It is reported that PetroChina has been approved for exploration in the sea area of ​​120,000 square kilometers in the South China Sea. CNOOC Limited has also been allowed to explore and develop over 70,000 square kilometers of waters in the South China Sea. Sinopec is mainly developing oil and gas resources in the East China Sea.

By the end of 2009, China had produced 77 oil and gas fields, 150 platforms, 10 under construction, over 140 overseas oilfield management, 4813km of sea pipes (173km under construction), 380km of submarine cables, and FPSO (FPSO) 17 ships, 6 subsea wellheads have been completed, 11 land terminals have been built and 2 are under construction (one overseas terminal management). These offshore engineering equipment and facilities allow CNOOC to have 50 million tons of oil equivalent. Production capacity. According to China's 2015 offshore oil prospects plan, China will also increase 50 million tons of offshore oil production. In the next five years, China will have more than 30 oilfields to be developed. More than 70 platforms will be built and more than 10 FPSOs will be newly built and transformed. CNOOC needs to build 55 offshore platforms, 6 FPSOs, 4 land terminals, and laying subsea pipelines. More than 1,000 kilometers, the total investment will increase by more than a few billion yuan each year.

Looking overseas, such as South Korea and Singapore, the development of its marine engineering cannot be separated from the support of policies. The Chinese government attaches great importance to the development of marine engineering. Since 2006, many projects such as the Outline of the National Medium and Long-Term and Technology Development Plan (2006-2020) and the “Shipping Industry Adjustment and Revitalization Plan (2009-2011)” have clearly put emphasis on the development of marine engineering, especially To achieve independent innovation in marine engineering technology. In 2011, four ministries and commissions including the National Development and Reform Commission issued the Notice on Printing and Distributing the Innovation and Development Strategy of the Marine Engineering Equipment Industry (2011-2020), clarifying that marine engineering equipment is a strategic emerging industry in China, and proposes development by 2015 and 2020. In order to ensure the realization of the goal, the goal is to give a clear statement from increasing support, encouraging research and development, and innovating and improving financial services. At present, the "12th Five-Year Plan" period for the development of marine engineering equipment has been basically completed, "Planning" is expected during the "Twelfth Five-Year" period, China's offshore continental shelf and the construction of the continental slope will be accelerated, driven by the total investment in marine equipment is expected It is worth 250 billion yuan to 300 billion yuan, with an annual average of over 50 billion yuan.

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