Construction work on Wushi 16-5 Oilfield Development located in Zhanjiang, Guangdong, China commenced in Q3 2024, after the project was announced in Q3 2023. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q4 2027. To learn more about the Wushi 16-5 Oilfield Development project, buy the profile here.
The project involves the development of Wushi 16-5 offshore Oilfield with a daily oil production of 1,000 cubic meters in the Wushi Sag, Beibu Gulf Basin, South China Sea, China.
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The project includes the following:
1. Construction of Wushi 16-5
2. Construction of operating platforms
3. Construction of subsea production system structures
4. Drilling of wells a depth of 4,185m and encountered an oil layer thickness of 65m
5. Installation of related machinery
6. Laying of pipelines
Construction on the project is expected to be completed by Q4 2027.
For more details on the Wushi 16-5 Oilfield Development project, buy the profile here.
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