Sphere
#35
2014
08
PROPERTY
Shanghai Regency Garden blooms!
The grand launch event of Shanghai RegencyGarden in lateMarch
attracted unprecedented attention and Shanghai’s glitterati came
out enmasse, resulting in record sales. The property project consists
of a residential compound of approximately 334,000 squaremetres,
5,000 squaremetres of commercial facilities and a kindergarten.
Others
GAMECO’s Phase II in action
GuangzhouAircraftMaintenance Engineering Co (GAMECO)
opened its Phase II hangar last December. This was just in time to
catch the busiest period in the company’s 25 years of business – this
year’s spring holidays inChina. The newhangar alone serviced six
aircraft over the holidays, and in total, 12 production lines and one
A380wingmodification linewere housed byGAMECO’s two hangars.
CORPORATE
HWL Volunteer Team’s
10th anniversary
A party to celebrate the 10th anniversary
of the HWL Volunteer Team in February
saw volunteers, group coordinators and
NGOs share the joy. Charity organisation
Yan Oi Tong was one of the community
groups that came to enjoy a celebratory
feast, lucky draw and amazing
performances.
ENERGY
Deepwater Triumph
Husky Energy and China National Offshore Oil Corporation Limited have together
staged an engineering marvel in the Liwan Gas Project, the first deepwater
development in China. This March, the USD6.5 billion project commenced its
first production in the South China Sea. Initial natural gas sales are expected to
be approximately 250 million cubic feet per day (mmcf/day) gross, increasing
to approximately 300 mmcf/day in the second half of 2014. Initial sales of
condensates and natural gas liquids from the Liwan 3-1 gas field are expected to be
approximately 10,000–14,000 barrels of oil equivalent per day gross. (See p22 for
the full story.)
NEWS