China achieves key milestone in oil and gas equipment

(| Updated : 2023-08-21

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The offshore oil and gas processing plant Haiyang Shiyou 122 is under construction in Qingdao, Shandong province, on August 17. [Photo by Zhang Jingang/for]

Haiyang Shiyou 122, Asia's first cylindrical floating production, storage and offloading facility, designed and built by China, finished hull construction on Aug 17 in Qingdao, Shandong province, a breakthrough in the nation's deepwater, ultra-large offshore oil and gas equipment development, according to China National Offshore Oil Corp.

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