Shandong Offshore Equipment Co., Ltd. under the company possesses advanced offshore oil and gas rig operation technology and management capabilities. It currently operates and manages 6 jack-up drilling rigs and 1 floating production facility and has operation centers in Houston, Aberdeen, Dubai and other places. It has won bids for multiple drilling service projects in Qatar and the United Arab Emirates, becoming the only company (except for central enterprises) in China to provide offshore oil and gas drilling services in the international market, reflecting a major achievement of its great efforts in oil and gas exploration and development along the “Belt and Road”countries, embodying that Shandong Offshore Oil Services Industry has deeply participated in the construction of the “Belt and Road”Initiative and achieved an important breakthrough.

The “Lankun” project is a pioneering technological innovation in the world's marine engineering crane ship field, which is specially used for super-large and super-heavy-weight offshore engineering operations. The project has been approved as a national major project by the Ministry of Industry and Information Technology of the People's Republic of China, and has been included in the library of major projects of replacement of old growth drivers by new ones in Shandong Province.