With the fast development of foreign cooperation in the field of China offshore oil, UOCC draws widely attention from relevant industries both at home and abroad while it honestly introduces its technologies to the clients and owns the trusts from many an enterprise.

In recent two years, large enterprises from 8 countries such as the United States of America, Japan, Australia, Norway, and 5ingapore sent delegates to our company and established commercial relations with us. Among them 8 companies have reached intent of cooperative development in project cooperation, new product development, specialized technology development and logistics. In 1998 and 1999, we cooperated with Korean HHI and excellently accomplished fabrications of W12-1 Topside Platform and SZ36-1 CEP Platform. This remarkable performance was highly praised by leaders from CNOOC.

By best prestige and excellent services, UOCC has many domestic panners. It has established technical , commercial and business cooperation with more than 100 enterprises such as CNOOC area companies and oil and gas fields, East China's Shengli Oil Field, New Star Company, Guang Zhou Salvage Bureau, Nonheast China's Da Lian Shipyard, and Central China's Wu Han Heavy Machinery Factory. We have set up close relations with domestic and foreign Operators, especially provided product and technical services to each cooperative oil field in east of the South China Sea and been highly praised. In doing so, UOCC has not only broadened its market and promoted profits, but created best cooperation and displayed a brilliant future.

UOCC takes advantage of the area and technologies and insists the principle of "Superiority Complementary, Victory Joint". It cooperates with excellent enterprises. Presently it has 5 joint cooperative companies and 3 branches and formed the competence both in technologies and competition and obtained good profits. Part of them as follows:
   . Zhanjiang Qingli Electric Submersible Pumps Co. LTD.: Jointly cooperate with the Electric
     Pumps Co. in Northeast China's Daqing Oil Field;
   . Lihai Automation Co.: jointly cooperate with the CNOOC Technical Services Co.;
   . CNOOC Inspection Co.: jointly cooperate with Bohai Oil Field;
   . CNOOC Bredero Coating Factory: Jointly cooperate with U.S. Bredero Coating Co. Ltd.

China has formally become a WTO member. We will better the momentum of foreign cooperation, obey WTO rules and regulations, further the technologies, equipment and the site advantages and widen the foreign cooperation space so as to create the brilliant future together with our clients at home and abroad.