News

  • 2023-11-01

    Last week, the company's customer placed an order for 50 DPSB BOP boxes with specifications 1-1/2, 1500psi, 3-1/2EUE pin and 1-1/4, 1500psi, 2-7/8EUE pin. At present, the cast parts of the blowout preventer box have been arranged for production, and the relevant processes are carried out as planned,
  • 2023-10-31

    Float collar and float shoe are conventional necessary accessories of casing string substructure, usually connected in the bottom of casing string, used to guide the casing string smoothly into the well, to prevent cement back flow and create pressure then cement solidification after Realizing press
  • 2023-10-30

    By Oct 30,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 84.85 a barrel. decrease USD2.47 than Oct 23.2023, The drop rate is 2.83 %. The future price of crude oil from London Brent closed at USD88.63 a barrel, decrease USD2.83 than Oct 23.2023.the drop rate
  • 2023-10-26

    On October 19, the reporter learned from the release of major landmark achievements of Shengli Oilfield that Shengli Oilfield focused on long-term scale efficiency to stabilize production on production, 2023 onshore conventional oil reservoir single well production capacity increased by 10%, capacit
  • 2023-10-25

    The company's South American customer ordered a batch of seating nipple with specifications N11-20, N11-25 and N11-30. seating nipple produced by our company is made of AISI 4140 Seating nipple with a length of 12 "in strict accordance with API 11AX standards, which is very favorable and reliable fo
  • 2023-10-23

    By Oct 23,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 87.32 a barrel. decrease USD0.39 than Oct 16.2023, The drop rate is 0.44 %. The future price of crude oil from London Brent closed at USD91.46 a barrel, increase USD0.54 than Oct 16.2023.the rise rate
  • 2023-10-20

    Nepal Petroleum Corporation (NOC) has lowered the prices of petroleum products from midnight today. The NOC said in a press statement today that petrol prices were reduced by Rs 11 per litre while diesel and kerosene prices were reduced by Rs 5 per litre. According to NOC, petrol prices at Charali,
  • 2023-10-19

    Recently, in the 3,000-meter ultra-deep water block located in the Pearl River Estuary Basin, the "Offshore Oil 720" deep-water geophysical exploration ship equipped with China's self-developed Marine streamer seismic exploration and acquisition equipment "Haijing" system completed the ultra-deep wa
  • 2023-10-18

    The oil production equipment ordered by the company's customers at the beginning of September, the products include sucker rod 3/4 x 25FT, 7/8 x 25FT, DPSB stuffing box, CROSS T, rod BOP, roller Rod guide3/4 x 3-1/2, 7/8X3-1/2, sucker rod pump 30-225 RWAC 18-4, Roller Rod Guide Sucker rod wrench 3/4
  • 2023-10-16

    By Oct 16,2023, the future price of light crude oil from New York Mercantile Exchange closed at USD 87.71 a barrel. increase USD1.23 than Oct 9.2023, The rise rate is 1.42 %. The future price of crude oil from London Brent closed at USD90.92 a barrel, increase USD2.8 than Oct 9.2023.the rise rate is
  • 2023-10-13

    Turkmenistan Portal reported on October 10 that Ali Rashid, CEO of the United Arab Emirates Dragon Oil Company, said at a related event held in Dubai that at present, the United Arab Emirates Dragon Oil company's oil production is about 180,000 barrels per day, of which 60,000 barrels in Turkmenista
  • 2023-10-12

    Russian oil is still trading above the $60 per barrel limit and Russia's energy exports are holding steady despite a Western price cap, according to an International Monetary Fund (IMF) report."Western sanctions on Russian crude oil exports have had a mixed effect: Russia's oil export flows have bee
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