The China National Offshore Oil Corp.'s (CNOOC) semi-submersible drilling platform, CNOOC 981, is located in the South China Sea, 320 km southeast of south China's Hong Kong on May 7, 2012. The platform will begin operations at a depth of 1,500 meters, according to CNOOC. This is the first deep-water drilling rig developed in China (XINHUA) |