China's self-developed cylindrical floating oil production facility installed at sea

BEIJING, June 10 (Xinhua) -- The first cylindrical floating oil-gas production, storage and offloading (FPSO) facility in Asia, named "Haikui No. 1", has been successfully installed at sea, its owner China National Offshore Oil Corporation (CNOOC) announced on Monday.

This achievement marks a significant breakthrough for China in installing floating facilities in deepwater oil and gas fields, according to CNOOC,