To decide on a site with a potential oil/gas payout, Geologists and Geo-Scientists work their ways in and around the information collected off the areas with possible oil or gas reservoirs. Survey vessels wit.
[pdf] There are currently 104 rigs located in China, of which 26 (including three tender-assist rigs) are yet-to-be delivered. Of these, the working fleet usually numbers under 70 units. It is mainly a shallow-water market, with jackups making up the bulk of the delivered fleet.
[pdf] “Blue Whale 1,” the world’s largest and most advanced ultra-deep-water semi-submersible drilling rig was built by Yantai CIMC Raffles Offshore Limited in east China's Shandong Province. The 42000-ton oil platform has cost $700 mil. more
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