China's Petroleum Industry - An Expanding Market For Equipment Suppliers?

The basic intent of this presentation is to provide the audience with a status report on the Petroleum Industry of the People's Republic of China. There are currently many misconceptions about China's ability to locate and produce her own crude oil and gas. This report will hopefully serve produce her own crude oil and gas. This report will hopefully serve as an attempt to help clarify some of these misunderstandings. The presentation will cover the recent history of oilfield development in presentation will cover the recent history of oilfield development in China-1950s to 1977. Current known oilfields with characteristics of the fields will also be discussed. The report shag also cover in some detail the current state of the art of China's programs in Seismic Exploration, Drilling, Production and Transportation both onshore and offshore and how she is combining her own technology/products with selected foreign technology. A general introduction and discussion on how one should approach marketing products in China will also be covered.History of PRC oilfield developmentPRC Net Importer Position up through 50'sSoviet Technology/Assistance through 1960PRC Self Development Program emphasizing Taching (use of maps 1949 - 1960 - 1977 throughout)Current known information - on China's fields 1. Use of maps - Discussion of Taching, Shengli and other major oil and gas fields. Discussions on characteristics of crude at each location 2. Suspected fields under developmentChina's petroleum industry - organizationUse of Chart - Discussion of organizational layout of entire organization from Peking down to local areas.China's current state of the art on:Seismic - use of own equipment, foreign purchases, methodology, projections for future a) Onshore b) OffshoreExploration and drilling - use of own equipment, foreign purchases. methodology, projections for future a) Onshore b) OffshoreProduction -use of own equipment, foreign purchases. methodology, projections for future a) Onshore b) OffshoreTransportation of crude/gas - current problems, programs, methodology, changing programs a) Onshore b) OffshoreChina's current capabilities/plans 1. Outlining/reviewing current capabilities and how they affect potential purchases of foreign equipment now and in the future - both onshore and offshore ie: What may be neededMarketing into the People's Republic of China 1. Organizational structure of foreign trade organizations (Chart) 2. Map out responsibilities of each F.T.O. 3. Role of F.T.O. and endusers 4. Approach to PRC a) Technical information b) Sales dam c) Quotation requests d) Selling in Canton e) Selling in Peking g) Trade exhibitions