Spotlight: Technology, innovation highlighted by Chinese firms at Offshore Technology Conference

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HOUSTON, May 9 (Xinhua) -- Technology and innovation were highlighted at the just-concluded four-day Offshore Technology Conference (OTC) here, as Chinese participants hope to gain experiences and grow business.

At the OTC, product samples, multimedia displays and scale models were seen everywhere, used by companies to showcase their latest products and technologies to attract opportunities.

Zhou Jianliang, deputy general manager of China National Offshore Oil Corporation's Sci&Tech Development Dept., told Xinhua that his company is committed to strengthening international technological exchanges and cooperation to be more competitive in the global market.

"Through cooperation projects, we can develop oil and gas fields in China and abroad, and at the same time export our advanced technologies to the world," Zhou said.

"All technologies need to be integrated so that we can achieve what others cannot or perform better than others," he added.

Liu Guanghua, vice president of China National Petroleum Corporation (CNPC) Engineering & Technology Corporation Ltd., said the CNPC has been attending the OTC for decades, and that thanks to the OTC, the popularity of the CNPC has improved.

"On the one hand, it provides us with an opportunity to learn advanced technologies from others. On the other hand, it is a good platform to showcase our products. These are the two main goals for us to attend the OTC," he said.

Chinese enterprises believe that interacting with the world's leading companies is key to maintaining competitiveness in the energy industry.

Yu Ya, a senior executive of China International Marine Containers (Group) Ltd., said the industry is very international and that the global supply chain needs strong interactivity.

"Many of our industrial chain and innovation chain partners have been participating in the OTC. Only if we keep pace with the development of the industry and create interactivity with advanced companies can we transform from the follower to the leader," Yu said.

In addition to China's state-owned corporations, privately-owned companies together established seven China Pavilions at the OTC.

Showcasing its latest equipment of fracturing technology, Jereh Group, a private Chinese energy services company, hoped to attract more opportunities in the United States.

Wang Feng, the company's vice president, said China's private-owned companies such as Jereh should play as a "new force" and pioneers in the country's economic development.

Wang said Jereh's advantages lie in international markets, including the Middle East, Africa and Russia.

"For oil and gas, the United states is a high-end market. Its shale-gas market is bigger and more mature. I hope we can integrate the U.S. technology with the Chinese market, making our products more adaptable in the global market," he said.

The OTC was annually held in the Houston. This event this year on May 6-9 attracted nearly 60,000 attendees from more than 100 countries. Over 2,300 companies from 40-plus countries and regions showcased the future of offshore activities. Enditem

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