Bureau Veritas Attends the 17th CIPPE, Facilitating the In-service Business of Petroleum and Gas Industry

19/04/17

During March 27-29, 2017, the 17th China International Petroleum and Petrochemical Equipment Exhibition (CIPPE 2017) has been held in Beijing successfully. As an annual global event on petroleum, the exhibition this year, with an exhibition area up to 90,000 m2, has attracted 1,800 exhibitors from 65 countries and regions, nearly 50 enterprises of world top 500, 18 international pavilions and 80,000 professional visitors.

Bureau Veritas was invited to take part in the exhibition to showcase a series of services and solutions to specific industry demands that help businesses to create a comprehensive risk assessment system of intelligence and information, reduce potential risks and improve safety.



 
Bureau Veritas Attends the 17th CIPPE

Bureau Veritas has nearly 20 years of rich experience in China's petroleum and natural gas industry. It provides professional services in compliance with laws, regulations, standards, norms or the related requirements by customers in aspects of upstream exploration, development, production, mid-stream storage and transportation, as well as downstream processing and marketing, concerning conformity assessment, testing, certification, advisory and training services, etc. These services cover the whole life cycle of equipment and facilities, from feasibility studies and design, procurement, construction and debugging, operation, to the end-service of the facilities.

As the number of new projects of petroleum and natural gas industry in China decreases, Bureau Veritas' future development focus of this industry will be in-service facilities. Against the backdrop of decline in the growth of the overall petroleum and natural gas industry, Bureau Veritas did not stop the pace of development. At the end of 2016, it has successfully carried out in-service inspection for storage tanks of CNPC, including the off-line inspection for 50,000 cubic tank of PetroChina Jinxi Petrochemical Company, and 2,000/5,000/50,000 cubic tank of PetroChina Dagang Petrochemical Company and other projects.

On this exhibition, Wei Yungang, the vice president of Bureau Veritas and the general manager of Petroleum and Natural Gas Group in Greater China, has been interviewed about Bureau Veritas's in-service business by many media, including Chinese Petrochemical Magazine, New Energy Trade and Economic Observation Magazine, China Industry News, Petroleum Business News, China Petroleum Daily, China Energy, and Energy Journals. According to Wei, in the past erroneous development course, the already built-up oil and gas facilities face a variety of security threats. To diagnose whether the facilities are problematic through in-service inspection and assessment tools can effectively prevent various types of losses. In addition, aside from providing asset management and risk assessment services for traditional large state-owned petroleum companies such as PetroChina, Sinopec, and China National Offshore Oil Corporation, Bureau Veritas has begun to work with private refinery, the second tier of state-owned enterprises in this industry and actively reached out to midstream and downstream areas.



 
Wei Yungang, the vice president of Bureau Veritas and the general manager of Petroleum and Natural Gas Group in Greater China accepts an exclusive interview with the media

"Amid the low oil price, due to the decrease of newly built projects, our service target will change from new project inspection to in-service projects so as to provide the petroleum and gas industry with all-dimensional and comprehensive services." Wei stressed that our goal is to break the previous positioning of the second party or the third party, develop our capability based on customer needs and cover customers' shortage, so as to provide them with integrated and customized "one-stop" solutions, form an interests community with the customers and become their essential partners. 

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