China Oilfield Services Limited, China's leading oilfield service provider, recently signed an agreement on building an industrial park with Tanggu district government in Tianjin. According to the agreement, construction of the project with a total investment of 22 billion CNY will start next month in Tanggu district. It covers 621,800 square meters. Dedicated to building a grand oilfield development equipment base in China, the park is scheduled to bring 12.7 billon CNY of earning by 2010 after it goes into operation.
