Global marine equipment as a whole, the Chinese market is responsive to the trend

Abstract: According to Barclays Capital, the total investment in global oil and gas exploration and development in 2012 was 614 billion US dollars, an increase of nearly 400% over 10 years ago. In the first half of 2013, driven by the successive orders of jack-up rigs, the global offshore engineering equipment market continued its boom in recent years, with orders totaling US$33 billion, up 22.22% year-on-year. Among them, China's offshore equipment market has also adapted to this trend.

According to Barclays Capital, the total investment in global oil and gas exploration and development in 2012 was 614 billion US dollars, an increase of nearly 400% over 10 years ago. Among them, marine oil and gas exploration and development investment accounted for 30% of the total investment. Under the support of the international crude oil market, “the price is firm”, the offshore equipment operation market is generally red, the operating performance of the world's major offshore equipment operators continues to grow, and the utilization rate of offshore equipment has hit a new high in recent years. The rent has risen.
Driven by various market favorable factors, in 2012, the global offshore equipment manufacturing market continued its booming status for the previous two years, with total orders exceeding US$60 billion. In terms of the offshore equipment manufacturing market, in 2012, South Korea, Singapore and China still dominated the global offshore equipment manufacturing industry. Brazil has been catching up and the amount of orders has increased significantly. In 2012, the orders for offshore equipment in these four countries were US$23 billion, US$17 billion, US$8 billion and US$8 billion respectively. From the perspective of market share, South Korea has decreased and the other three countries have increased.
Although the volume of offshore equipment in 2012 decreased by 20% compared with 2011, the volume of high value-added offshore equipment increased significantly, making up for the shortcomings caused by the reduction in orders. In terms of transaction prices, as the global economy remained sluggish and market competition intensified, although the price of large offshore equipment did not change much year-on-year, the price of offshore auxiliary vessels showed a downward trend, down 4% to 7% year-on-year. In terms of market demand, drilling demand in Brazil and Norway has become a major factor supporting the “strong” drilling equipment orders in 2012.
In the first half of 2013, driven by the successive orders of jack-up rigs, the global offshore engineering equipment market continued its boom in recent years, with orders totaling US$33 billion, up 22.22% year-on-year. Although the current market is not hot, the industry is more cautious about the market outlook. After all, market demand and competition are undergoing profound changes, and these changes will certainly have an impact on the future development of the industry.
With the acceleration of the global industrial transfer, the current offshore equipment manufacturing segment has been basically transferred from Europe and the United States to Asian countries. South Korea and Singapore are two strong, accounting for 37% and 27% of the global market respectively, while China and Brazil have shown strong catch-up momentum in recent years.
Among them, China's offshore equipment market has also adapted to this trend. In the traditional shipbuilding sector in 2012, China's shipbuilding completion volume was 60.21 million DWT, down 21.4% year-on-year; the newly-accepted ship order volume was 20.41 million DWT, down 43.6% year-on-year. Only the offshore engineering equipment manufacturing industry has stopped falling. In 2012, the whole industry received a total of 31 orders for major offshore equipment, totaling about 4.6 billion US dollars, compared with the 4.67 billion US dollars in 2011. constant. In terms of equipment type, the industry has obtained 13 jack-up drilling platforms, one semi-submersible platform, two drilling vessels and four FPSO orders. In addition, 5 drilling auxiliary platforms and 1 FLRSU order were obtained. In terms of offshore engineering vessels, China's shipyards have taken orders for 84 offshore vessels, ranking first in the global offshore construction market. The types of orders are mainly platform supply vessels and three-purpose workboats.
According to the national “Twelfth Five-Year Plan” offshore project investment plan, China’s “Three Major Oils” (PetroChina, Sinopec, and CNOOC) plan to invest 290 billion to 360 billion yuan in offshore oil and gas development during the 12th Five-Year Plan period. The investment scale of the period has more than doubled. According to the equipment investment ratio of 25% to 30%, the average annual demand for offshore equipment during the “Twelfth Five-Year Plan” period is 15 billion to 21.5 billion yuan. Relying on policy support, China's major offshore equipment manufacturers are expected to give priority to orders from PetroChina, Sinopec and CNOOC, and accumulate their own construction experience.


Grain Drill is suitable for wheat, barley, millet, sorghum and soybeans et. Seeding quantity, seeding depth and seeding spacing can be adjusted according to the needs of agricultural technology.

The machine adopts linkage and tractor hitch, transportation is convenient.

The machine adopts outside slot round row device, metering, and blocking for powder metallurgy parts, possesses the advantages of heat resistance, cold. Using corrugated rubber grain tube, two smooth; Adopt double bearing steel opener, reliable work. Using the handwheel adjustment sowing depth, easy to use.

Transmission part is composed of rubber wheel, sprocket and chain, reliable durable, can be suitable for high-speed operation.

Grain Drill

Grain Drill,Grain Drill Planter,Grain Drill Seeder,Farm Grain Drill

Shijiazhuang Goldrain I/E Co.,Ltd. , http://www.goldraingroup.com

This entry was posted in on