press release

A NEW CENTURY DAWNS AT THE QHD 32-6 OIL FIELD WITH THE COMPLETION OF THE FPSO "Bohai Shi Ji"

Bohai Shi Ji

One of the world's largest floating, production, storage and offloading vessel's (FPSO) "Bohai Shi Ji" or "Bohai Century," as it was named in a special ceremony over the weekend, was designed and built in just under two years by Dalian New Shipyard and China Offshore Oil Engineering Company.

Texaco and partners celebrated the completion of this major construction project that brings the development of the QHD 32-6 oil field, closer to realization. In August, The FPSO will travel to its offshore field location approximately 20 km offshore northeast China in Bohai Bay. The Qinhuangdao (QHD) 32-6 project is a partnership between Chinese National Offshore Oil Company, Texaco and BP. Startup of the field is planned prior to year-end.

FPSO DATA:
Length = 287
m Width = 51
m DWT (dead weight tons) = 162,000 metric tons
Oil Storage Capacity =1 million barrels
Draft = 14.5 meters

Updated: July 2001