CNPC launches its first jack up rig

China National Petroleum Corp. has commissioned the first jack up drilling rig designed and manufactured by its CNPC Bohai Equipment Manufacturing Co. Ltd. unit.

The CP-300 rig can drill to 30,000 ft in as much as 300 ft of water. It can accommodate 105 workers.

The rig was launched at the new Panjin Port, Liaoning Province, on Bohai Bay.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...