YANTAI CIMC RAFFLES OFFSHORE LIMITED         5425

SHIPYARD / SHIP REPAIR

As a deep-water offshore equipment designer and builder, Yantai CIMC Raffles Offshore Ltd (CIMC Raffles)established on May 24, 2022 owns three offshore construction yards located in Yantai, Haiyang and Longkou, employing a total of 3,000 people. To date, CIMC Raffles has delivered seven deep-water semisubmersible drilling rigs; its current construction projects account for 21% of global market share. In September 2014, CIMC Raffles was listed on the shipbuilder whitelist published by Ministry of Industry and Information Technology of the People’s Republic of China. Its high-end deep-water semisubmersible drilling rigs include the GM4-D, which can operate in Arctic water: its seventh-generation D90 ultra-deep-water semisubmersible drilling rig holds depth records in operation and drilling. Bulk-delivered jack-ups and production platforms will be operated in Mexico and South East Asia areas, while its North Sea deep-water rigs have earned six ‘Rig of the Month’ titles from the Norwegian national oil company, Statoil. The company also owns CIMC Offshore Engineering Institute (CIMC OEI), regarded as the national offshore oil energy drilling rig research centre. Employing 800 engineers, it is the PhD practice base for Harbin Institute of Technology, Ocean University of China. In 2013, CIMC Group took over well-known Swedish design company Bassoe Technology (BT), combining CIMC OEI’s project experience with BT’s comprehensive concept and basic design capabilities, and strengthening Asian-European research methodology.morehide

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