Chinese firms display equipment
Chinese companies participated in the 48th Offshore Technology Conference, which kicked off onMonday inHouston. Leading Chinese companies such as China National Offshore Oil Corp, China National Petroleum Corp and China Petroleum Chemical Corp attended the event, and the different models of drilling equipment from some Chinese companies are eye-catching. Jin Xiaojian, president of China Offshore Oil Engineering Co, said that the world offshore oil exploitation is actually a booming industry. Many experts also said that the oil and gas industry is still a sunrise one because oil and gas remains to be the efficient and green energy. “As an offshore oil and gas explorer, CNOOC is making great efforts to be a world-class enterprise. We can say that after the development over the past three decades, CNOOC is now actually an international level energy company,” he said. with the matter said. JD is in early-stage negotiations to invest hundreds of millions of dollars in one of Indonesia’s largest online marketplaces, one of the people said, asking not to be identified because the deal is private. JD’s potential investment may propel Jakarta-based Tokopedia past $1 billion in valuation, another person familiar with the deal said. Veolia said a contract for steam production at the site of Hongda Chemical, a subsidiary of one of China’s leading chemicals industry groups, is worth 335 million euros over 10 years. A 20-year contract for the construction and operation of a chilled water plant to cool a Beijing data center is worth a cumulative 188 million euros, and a 25-year contract for the production of electricity and steam from biomass inHebei province is worth 341 million euros over the duration of the contract. 1,900 jobs between 2016 and 2019 as part of the company’s scheme to move its services offshore to low-cost countries, the CGT trade union said. “In order to improve its margin at the cost of social guarantees,” Engie plans to relocate part of its customer business, including call centers to countries with low labor costs, notably inMorocco, Mauritius and Portugal, according to a statement from the CGT. The country’s main union added that the jobs cut involved the company’s energy business which employs 25,000 people. a result of Ram pickup sales jumping 7.6 percent to 43,321 vehicles; and Alfa Romeo and Maserati increased 1,047 percent and 18.7 percent, respectively year-on-year. GM’s Buick sales soared 17 percent yearon-year; Cadillac rose 9.5 percent; Chevrolet fell 10.4 percent; GMC slipped 0.3 percent.