Honghua Grp Limited (HGHUF) 0.0400 $HGHUF
Honghua Obtains Land Drilling Rig Contract from KDC with a Total Amount of US$15 Million
PR Newswire Europe - Mon Mar 21, 12:07AM CDT
Honghua Group Ltd. ("HH"
(Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that Honghua Golden Coast Equipment FZE ("HH Golden Coast" , a wholly-owned subsidiary of the Group, entered into a sales agreement (the "Sales Agreement" with Kuwait Drilling Company K.S.C ("KDC" on 15 March 2016, with a total amount of approximately US$15 million (approximately HK$118 million). Pursuant to the Sales Agreement, a 7,000 meters cluster well drilling rig is expected to deliver to KDC by the end of 2016.
Honghua Group Ltd. Leverages Outstanding R&D and Manufacturing Capabilities to Obtain Ultra-deep Drilling Rig Sales Agreement with KDC Worth over HK$194 Million
PR Newswire Europe - Tue Jan 05, 2:31AM CST
Further Enhances Its Leading Position in Middle East Market
TIGER-1 Drill Ship Second Sea Trial Success
PR Newswire Europe - Sun Jan 03, 9:29PM CST
On 29th December, 2015, TIGER-1 drill ship successfully completed the 12-day second sea trial. The trial was focused on the mooring system and drilling system integrated acceptance test. The drilling package designed and manufactured by Honghua Group (HH) successfully passed the test with a satisfactory result.
Honghua Signs HK$322 Million Land Drilling Rigs Sales Agreement with Middle East Client
PR Newswire - Wed Nov 25, 6:55PM CST
Honghua Group Ltd ("HH" (Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that, on 25 November 2015 (local time), Honghua Golden Coast Equipment FZE ("Honghua Golden" , a wholly-owned subsidiary of HH, entered into a land drilling rigs sales agreement ("Sales Agreement" in an aggregate amount of approximately US$41.5 million (approximately HK$322 million) with an oil services company from the Middle East.
FSP LNG Containment System Construction To Begin Next Spring
M2 - Wed Oct 28, 8:09AM CDT
The joint venture group FSP LNG BV is delighted to announce that it is taking the FSP LNG Flat Panel Semi-membrane Prismatic Type B containment system through General Design Approval (GDA) with the American Bureau of Shipping in Houston, and is projecting that construction of the first tank will begin at the end of this year.
Honghua Group Ltd. Acquires Oilfield Turnkey Service Agreements Amounted Approximately US$340 million with the Venezuela Client
PR Newswire Europe - Mon Oct 26, 4:32AM CDT
Leveraging on the Equipment and Technological Advantages
Acquired Oilfield Turnkey Service Agreements Amounted Approximately US$340 million with Venezuela Client
PR Newswire - Mon Oct 26, 4:08AM CDT
Honghua Group Ltd. ("HH" (Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that Sichuan Honghua International Co., Ltd ("Honghua International" , the indirect subsidiary of the Company, entered into three oil and gas engineering turnkey service agreements in an aggregate amount of approximately US$340 million (approximately HK$2,635 million) with PDVSA PETROLEO, S.A ("PDVSA" on 22 October (Venezuela time). Pursuant to the agreements, HH will provide turnkey services to PDVSA in Lake Maracaibo area of Venezuela, including progressive cavity pump ("PCP" upgrade project, electric submersible pump ("ESP" upgrade project and pipe-laying project. These three projects are all reconstruction and stimulation projects for aging oilfields to enhance and restore their oil well production level.
Honghua Signs RMB 760 Million Construction Agreement with LNG Power Shipping
PR Newswire - Mon Aug 10, 12:31AM CDT
Honghua Group Ltd ("HH" (Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that HH entered into a Shipbuilding Contract with LNG Power Shipping Limited in early August, with an aggregate amount of approximately RMB760 million. According to the contract HH will build and sell 200 sets of LNG power inland river ships with certain specifications including 700-ton ships, 950-ton ships and 1350-ton ships. It is expected to deliver all vessels by the end of September in 2016.
Honghua Signs $26 Million Agreement to Provide Oilfield Drilling Services in the Middle East
PR Newswire Europe - Fri Jul 17, 5:23AM CDT
-- Further Consolidates Honghua's Leading Position in the Middle East Market
Honghua Group Showcases Offshore and Land Drilling Technology at the 2015 Offshore Technology Conference
PR Newswire - Wed Apr 29, 9:15PM CDT
Honghua (HH) Group Limited, the world's largest manufacturer of land-based drilling rigs, and mainly manufactures high-end and large-scale land boring rigs as well as accessories and spare parts, today announced its state-of-the-art products to be showcased on OTC 2015.
Honghua - The Company Who Picked the Pearl off the Crown of the Global Offshore Oil and Gas Equipment Field
PR Newswire Europe - Thu Feb 12, 7:31AM CST
At the end of 2014, Honghua Group ("HH" held a celebration ceremony for project 'TIGER' in Guanghan, Sichuan Province. Senior management, mid-level cadres and project 'TIGER's' team gathered to celebrate the successful installation and naming of the 'TIGER' drilling package. Zhang Mi, Chairman of HH, said, "HH does not simply manufacture ships. We are focusing on some specialized equipment of drilling rigs by making good use of the company's drilling package."
Global Land Drilling Rig Industry Report 2015-2020
M2 - Thu Feb 05, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/n6s9fd/global_land) has announced the addition of the "Global Land Drilling Rig Industry Report 2014" report to their offering. The Global Land Drilling Rig Industry Report 2014 is a professional and in-depth study on the current state of the land drilling rig industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The land drilling rig market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed. Land drilling rig industry import/export consumption, supply and demand figures and cost price and production value gross margins are also provided. The report focuses on eighteen industry players providing information such as company profiles, product picture and specification, capacity production, price, cost, production value and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The land drilling rig industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. Key Topics Covered: - Land Drilling Rig Industry Overview - Land Drilling Rig International and China Market Analysis - Land Drilling Rig Technical Data and Manufacturing Plants Analysis - Land Drilling Rig Production by Regions By Technology By Applications - Land Drilling Rig Manufacturing Process and Cost Structure - 2009-2014 Land Drilling Rig Productions Supply Sales Demand Market Status and Forecast - Land Drilling Rig Key Manufacturers Analysis - Up and Down Stream Industry Analysis - Land Drilling Rig Marketing Channels Analysis - 2015-2020 Land Drilling Rig Productions Supply Sales Demand Market Status and Forecast - Land Drilling Rig Industry Development Proposals - Land Drilling Rig New Project Investment Feasibility Analysis - Global Land Drilling Rig Industry Research Conclusions Companies Mentioned - BAOJI OILFIELD MACHINERY - BAUER - Bentec - CNPC - Honghua Group - LSPE - Maritime Hydraulics - Mobil - NOV - RG - SANY - SJPETRO - SLPMG - SMJGS - SOILMEC - SUNWARD - Sichuan Honghua Petroleum Equipment Co., Ltd - XCMG For more information visit http://www.researchandmarkets.com/research/n6...lobal_land
Global Top Drive Systems Market Application, Trends & Forecasts to 2019
M2 - Thu Jan 22, 5:09AM CST
Research and Markets (http://www.researchandmarkets.com/research/tp3c59/top_drive_systems) has announced the addition of the "Top Drive Systems Market by Type, by Application, & by Geography - Global Trends & Forecasts to 2019" report to their offering. The global top drive systems market is estimated to reach $1.83 billion by 2019 at a projected CAGR of 7.6% during the forecast period, indicating a high demand in onshore and offshore applications Top drives are used for facilitating the drilling process of a borehole. They are situated on a drilling rig and provide torque to the drill string, making the drilling process easy. They are used for both onshore and offshore rigs, and can be hydraulic or electric With the increase in demand for drilling rigs, the top drive systems market will grow as they are directly proportional to the growth of the drilling rigs market.. The key factors driving the top drive systems market include increase in exploration and production activities, technological developments, increasing safety concerns, increasing energy need from emerging economies, and technical and commercial benefits offered by top drives. The rise in the energy demand and the increase in drilling rigs have raised the importance of top drives. Currently, electric top drive systems represent 89% of the total market value in terms of global top drives, followed by hydraulic at 11%. Among various regions, North America dominates the market. Scope of the report: This study estimates the global market of top drive systems till 2019. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 offshore Drilling Rig Market 8 Top Drive Systems Market, By Type 9 Top Drive Systems Market, By Application 10 Top Drive Systems Market, By Rig Type 11 Top Drive Systems Market, By Geography 12 Competitive Landscape 13 Company Profiles - Aker Solutions As - Axon Energy Products - Bentec Gmbh Drilling & Oilfield Systems - Cameron International Corporation - Canrig Drilling Technology Limited - Daqing Jinghong Petroleum Equipment Corporation - Honghua Group Limited - National Oilwell Varco(Nov) - Panjin Liaohe Oilfield Tianyi Petroleum Equipment Company Limited - Tesco Corporation - Warrior Manufacturing Services Limited For more information visit http://www.researchandmarkets.com/research/tp...ve_systems
TESO: 6.81 (+0.14)
Global Top Drive Systems Market 2014-2019: Type (Hydraulic, Electric), by Application (Onshore, Offshore-Jack-ups, Semi-Submersibles, Drillships) Analysis of the $1.8 Billion Industry
M2 - Mon Nov 17, 8:06AM CST
Research and Markets (http://www.researchandmarkets.com/research/zsg8b4/top_drive_systems) has announced the addition of the "Top Drive Systems Market by Type, by Application, & by Geography - Global Trends & Forecasts to 2019" report to their offering. The global top drive systems market is estimated to reach $1,835.84 million by 2019 at a projected CAGR of 7.6% during the forecast period, indicating a high demand in onshore and offshore applications. The market for electric top drive systems is estimated to reach a value of $1,646.66 million whereas for the hydraulic top drives is projected to reach $189.18 million by 2019. Top drives are devices mounted on a drilling rig that provide rotational force to facilitate the process of drilling a wellbore; earlier rotary tables were used for the same purpose. Top drives are innovative technology based replacing the Kelly and rotary table systems, and are defined as a hydraulic or electrical motor suspended in the mast of the drilling rigs. They drive and rotate the drill string and bits, making drilling process easy. Top drives play a significant role in reducing hazards and the overall cost of drilling activities. Growing drilling and exploration activities and increasing environmental regulations and norms related to safer oil exploration activities are expected to be the key drivers in increasing the usage of top drives globally. They will continue to be the predominantly used tools of drilling wells in the future. The biggest markets for top drives include North America, Europe, Asia Pacific, Africa, the Middle East, and South America. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 offshore Drilling Rig Market 8 Top Drive Systems Market, By Type 9 Top Drive Systems Market, By Application 10 Top Drive Systems Market, By Rig Type 11 Top Drive Systems Market, By Geography 12 Competitive Landscape 13 Company Profiles - Aker Solutions As - Axon Energy Products - Bentec Gmbh Drilling & Oilfield Systems - Cameron International Corporation - Canrig Drilling Technology Limited - Daqing Jinghong Petroleum Equipment Corporation - Honghua Group Limited - National Oilwell Varco(Nov) - Panjin Liaohe Oilfield Tianyi Petroleum Equipment Company Limited - Tesco Corporation - Warrior Manufacturing Services Limited For more information visit http://www.researchandmarkets.com/research/zs...ve_systems
TESO: 6.81 (+0.14)
Honghua Group Becomes Limited Partner of Sino-Mex Energy Fund
PR Newswire - Thu Nov 13, 9:42AM CST
Honghua Group Limited (HKEx stock code: HK0196, hereinafter called "Honghua Group" -- the world's largest manufacturer of land drilling rig -- announced on November 13, 2014 that it has committed to invest USD 150 million in the Sino-Mex Energy Fund and becomes a limited partner of the Fund. The Sino-Mex Energy Fund will mainly invest in projects in energy infrastructural facilities, exploration and production of oil and natural gas area.
Honghua Obtains Land Drilling Rig Contract from KDC with a Total Amount of US$15 Million
PR Newswire Europe - Mon Mar 21, 12:07AM CDT
Honghua Group Ltd. ("HH"
(Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that Honghua Golden Coast Equipment FZE ("HH Golden Coast" , a wholly-owned subsidiary of the Group, entered into a sales agreement (the "Sales Agreement" with Kuwait Drilling Company K.S.C ("KDC" on 15 March 2016, with a total amount of approximately US$15 million (approximately HK$118 million). Pursuant to the Sales Agreement, a 7,000 meters cluster well drilling rig is expected to deliver to KDC by the end of 2016. Honghua Group Ltd. Leverages Outstanding R&D and Manufacturing Capabilities to Obtain Ultra-deep Drilling Rig Sales Agreement with KDC Worth over HK$194 Million
PR Newswire Europe - Tue Jan 05, 2:31AM CST
Further Enhances Its Leading Position in Middle East Market
TIGER-1 Drill Ship Second Sea Trial Success
PR Newswire Europe - Sun Jan 03, 9:29PM CST
On 29th December, 2015, TIGER-1 drill ship successfully completed the 12-day second sea trial. The trial was focused on the mooring system and drilling system integrated acceptance test. The drilling package designed and manufactured by Honghua Group (HH) successfully passed the test with a satisfactory result.
Honghua Signs HK$322 Million Land Drilling Rigs Sales Agreement with Middle East Client
PR Newswire - Wed Nov 25, 6:55PM CST
Honghua Group Ltd ("HH"
(Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that, on 25 November 2015 (local time), Honghua Golden Coast Equipment FZE ("Honghua Golden" , a wholly-owned subsidiary of HH, entered into a land drilling rigs sales agreement ("Sales Agreement" in an aggregate amount of approximately US$41.5 million (approximately HK$322 million) with an oil services company from the Middle East. FSP LNG Containment System Construction To Begin Next Spring
M2 - Wed Oct 28, 8:09AM CDT
The joint venture group FSP LNG BV is delighted to announce that it is taking the FSP LNG Flat Panel Semi-membrane Prismatic Type B containment system through General Design Approval (GDA) with the American Bureau of Shipping in Houston, and is projecting that construction of the first tank will begin at the end of this year.
Honghua Group Ltd. Acquires Oilfield Turnkey Service Agreements Amounted Approximately US$340 million with the Venezuela Client
PR Newswire Europe - Mon Oct 26, 4:32AM CDT
Leveraging on the Equipment and Technological Advantages
Acquired Oilfield Turnkey Service Agreements Amounted Approximately US$340 million with Venezuela Client
PR Newswire - Mon Oct 26, 4:08AM CDT
Honghua Group Ltd. ("HH"
(Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that Sichuan Honghua International Co., Ltd ("Honghua International" , the indirect subsidiary of the Company, entered into three oil and gas engineering turnkey service agreements in an aggregate amount of approximately US$340 million (approximately HK$2,635 million) with PDVSA PETROLEO, S.A ("PDVSA" on 22 October (Venezuela time). Pursuant to the agreements, HH will provide turnkey services to PDVSA in Lake Maracaibo area of Venezuela, including progressive cavity pump ("PCP" upgrade project, electric submersible pump ("ESP" upgrade project and pipe-laying project. These three projects are all reconstruction and stimulation projects for aging oilfields to enhance and restore their oil well production level. Honghua Signs RMB 760 Million Construction Agreement with LNG Power Shipping
PR Newswire - Mon Aug 10, 12:31AM CDT
Honghua Group Ltd ("HH"
(Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that HH entered into a Shipbuilding Contract with LNG Power Shipping Limited in early August, with an aggregate amount of approximately RMB760 million. According to the contract HH will build and sell 200 sets of LNG power inland river ships with certain specifications including 700-ton ships, 950-ton ships and 1350-ton ships. It is expected to deliver all vessels by the end of September in 2016. Honghua Signs $26 Million Agreement to Provide Oilfield Drilling Services in the Middle East
PR Newswire Europe - Fri Jul 17, 5:23AM CDT
-- Further Consolidates Honghua's Leading Position in the Middle East Market
Honghua Group Showcases Offshore and Land Drilling Technology at the 2015 Offshore Technology Conference
PR Newswire - Wed Apr 29, 9:15PM CDT
Honghua (HH) Group Limited, the world's largest manufacturer of land-based drilling rigs, and mainly manufactures high-end and large-scale land boring rigs as well as accessories and spare parts, today announced its state-of-the-art products to be showcased on OTC 2015.
Honghua - The Company Who Picked the Pearl off the Crown of the Global Offshore Oil and Gas Equipment Field
PR Newswire Europe - Thu Feb 12, 7:31AM CST
At the end of 2014, Honghua Group ("HH"
held a celebration ceremony for project 'TIGER' in Guanghan, Sichuan Province. Senior management, mid-level cadres and project 'TIGER's' team gathered to celebrate the successful installation and naming of the 'TIGER' drilling package. Zhang Mi, Chairman of HH, said, "HH does not simply manufacture ships. We are focusing on some specialized equipment of drilling rigs by making good use of the company's drilling package." Global Land Drilling Rig Industry Report 2015-2020
M2 - Thu Feb 05, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/n6s9fd/global_land) has announced the addition of the "Global Land Drilling Rig Industry Report 2014" report to their offering. The Global Land Drilling Rig Industry Report 2014 is a professional and in-depth study on the current state of the land drilling rig industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The land drilling rig market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed. Land drilling rig industry import/export consumption, supply and demand figures and cost price and production value gross margins are also provided. The report focuses on eighteen industry players providing information such as company profiles, product picture and specification, capacity production, price, cost, production value and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The land drilling rig industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. Key Topics Covered: - Land Drilling Rig Industry Overview - Land Drilling Rig International and China Market Analysis - Land Drilling Rig Technical Data and Manufacturing Plants Analysis - Land Drilling Rig Production by Regions By Technology By Applications - Land Drilling Rig Manufacturing Process and Cost Structure - 2009-2014 Land Drilling Rig Productions Supply Sales Demand Market Status and Forecast - Land Drilling Rig Key Manufacturers Analysis - Up and Down Stream Industry Analysis - Land Drilling Rig Marketing Channels Analysis - 2015-2020 Land Drilling Rig Productions Supply Sales Demand Market Status and Forecast - Land Drilling Rig Industry Development Proposals - Land Drilling Rig New Project Investment Feasibility Analysis - Global Land Drilling Rig Industry Research Conclusions Companies Mentioned - BAOJI OILFIELD MACHINERY - BAUER - Bentec - CNPC - Honghua Group - LSPE - Maritime Hydraulics - Mobil - NOV - RG - SANY - SJPETRO - SLPMG - SMJGS - SOILMEC - SUNWARD - Sichuan Honghua Petroleum Equipment Co., Ltd - XCMG For more information visit http://www.researchandmarkets.com/research/n6...lobal_land
Global Top Drive Systems Market Application, Trends & Forecasts to 2019
M2 - Thu Jan 22, 5:09AM CST
Research and Markets (http://www.researchandmarkets.com/research/tp3c59/top_drive_systems) has announced the addition of the "Top Drive Systems Market by Type, by Application, & by Geography - Global Trends & Forecasts to 2019" report to their offering. The global top drive systems market is estimated to reach $1.83 billion by 2019 at a projected CAGR of 7.6% during the forecast period, indicating a high demand in onshore and offshore applications Top drives are used for facilitating the drilling process of a borehole. They are situated on a drilling rig and provide torque to the drill string, making the drilling process easy. They are used for both onshore and offshore rigs, and can be hydraulic or electric With the increase in demand for drilling rigs, the top drive systems market will grow as they are directly proportional to the growth of the drilling rigs market.. The key factors driving the top drive systems market include increase in exploration and production activities, technological developments, increasing safety concerns, increasing energy need from emerging economies, and technical and commercial benefits offered by top drives. The rise in the energy demand and the increase in drilling rigs have raised the importance of top drives. Currently, electric top drive systems represent 89% of the total market value in terms of global top drives, followed by hydraulic at 11%. Among various regions, North America dominates the market. Scope of the report: This study estimates the global market of top drive systems till 2019. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 offshore Drilling Rig Market 8 Top Drive Systems Market, By Type 9 Top Drive Systems Market, By Application 10 Top Drive Systems Market, By Rig Type 11 Top Drive Systems Market, By Geography 12 Competitive Landscape 13 Company Profiles - Aker Solutions As - Axon Energy Products - Bentec Gmbh Drilling & Oilfield Systems - Cameron International Corporation - Canrig Drilling Technology Limited - Daqing Jinghong Petroleum Equipment Corporation - Honghua Group Limited - National Oilwell Varco(Nov) - Panjin Liaohe Oilfield Tianyi Petroleum Equipment Company Limited - Tesco Corporation - Warrior Manufacturing Services Limited For more information visit http://www.researchandmarkets.com/research/tp...ve_systems
TESO: 6.81 (+0.14)
Global Top Drive Systems Market 2014-2019: Type (Hydraulic, Electric), by Application (Onshore, Offshore-Jack-ups, Semi-Submersibles, Drillships) Analysis of the $1.8 Billion Industry
M2 - Mon Nov 17, 8:06AM CST
Research and Markets (http://www.researchandmarkets.com/research/zsg8b4/top_drive_systems) has announced the addition of the "Top Drive Systems Market by Type, by Application, & by Geography - Global Trends & Forecasts to 2019" report to their offering. The global top drive systems market is estimated to reach $1,835.84 million by 2019 at a projected CAGR of 7.6% during the forecast period, indicating a high demand in onshore and offshore applications. The market for electric top drive systems is estimated to reach a value of $1,646.66 million whereas for the hydraulic top drives is projected to reach $189.18 million by 2019. Top drives are devices mounted on a drilling rig that provide rotational force to facilitate the process of drilling a wellbore; earlier rotary tables were used for the same purpose. Top drives are innovative technology based replacing the Kelly and rotary table systems, and are defined as a hydraulic or electrical motor suspended in the mast of the drilling rigs. They drive and rotate the drill string and bits, making drilling process easy. Top drives play a significant role in reducing hazards and the overall cost of drilling activities. Growing drilling and exploration activities and increasing environmental regulations and norms related to safer oil exploration activities are expected to be the key drivers in increasing the usage of top drives globally. They will continue to be the predominantly used tools of drilling wells in the future. The biggest markets for top drives include North America, Europe, Asia Pacific, Africa, the Middle East, and South America. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 offshore Drilling Rig Market 8 Top Drive Systems Market, By Type 9 Top Drive Systems Market, By Application 10 Top Drive Systems Market, By Rig Type 11 Top Drive Systems Market, By Geography 12 Competitive Landscape 13 Company Profiles - Aker Solutions As - Axon Energy Products - Bentec Gmbh Drilling & Oilfield Systems - Cameron International Corporation - Canrig Drilling Technology Limited - Daqing Jinghong Petroleum Equipment Corporation - Honghua Group Limited - National Oilwell Varco(Nov) - Panjin Liaohe Oilfield Tianyi Petroleum Equipment Company Limited - Tesco Corporation - Warrior Manufacturing Services Limited For more information visit http://www.researchandmarkets.com/research/zs...ve_systems
TESO: 6.81 (+0.14)
Honghua Group Becomes Limited Partner of Sino-Mex Energy Fund
PR Newswire - Thu Nov 13, 9:42AM CST
Honghua Group Limited (HKEx stock code: HK0196, hereinafter called "Honghua Group"
-- the world's largest manufacturer of land drilling rig -- announced on November 13, 2014 that it has committed to invest USD 150 million in the Sino-Mex Energy Fund and becomes a limited partner of the Fund. The Sino-Mex Energy Fund will mainly invest in projects in energy infrastructural facilities, exploration and production of oil and natural gas area. 
