Spotlight
AFRICA

China thrives in oil services but slumps in exploration and production

The Cosco shipyard, in China, where BP's floating production storage and offloading platform for the Grand Tortue Ahmeyim field is built (right).
The Cosco shipyard, in China, where BP's floating production storage and offloading platform for the Grand Tortue Ahmeyim field is built (right). © Technip Energies/YouTube
Some Chinese companies have managed to bag subcontracts for the continent's major oil infrastructure development projects. But China's success in exploration has diminished considerably. [...] (514 words)
Issue dated 24/02/2022 Reading time 3 minutes
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