Oil is well in China...

Anadarko, actually Kerr-McGee visit.  This company was working to develop an oil field in Bohai bay.  Business in China can be difficult for a foreign company.  The manager spoke about how the government has become more concerned about the treatment of the environment.  The oilfield is processed in a unique way.  The crude is pumped in pipes along the bay floor to a floating processing station.  Part of the problem is the oil/water separation process.  The limits on ppm (parts per million) for oil in the processed water continually drops.  Anadarko worked on this problem by continually improving their technology to stay ahead of the next emission mandate.  They are investing in building a natural gas pipeline to control and reduce the emissions caused by flaring of natural gas.  One reason many companies simply flare the gas is that it is not economical to bottle or pipe it to market.  Anadarko is using the gas to power their platforms and processing equipment, but this is not enough alone to reduce emissions, thus the reason for the pipeline.  One concern mentioned was that state-owned companies could get waivers for the emissions while foreign companies could not.  This could result in foreign competitors being “squeezed-out” in favor of sponsored companies.