Deepwater base to burnish port's high-tech credentials

By the end of this year, the second phase of the CNOOC Zhuhai Deepwater Engineering Base is expected to be finished. By 2018, the base will be fully built, with an annual capacity of 230,000 metric tons.

It is the first deepwater engineering base in China and one of the world's largest, with total investment of 10.1 billion yuan ($1.63 billion), according to the company.

The first phase was completed in November last year.