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  1. Honghua Group secures US$200m rigs order from Russia

    Posted Aug 11th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Honghua Group, the world's second-largest producer of onshore oil and gas drilling rigs, has won a US$200 million contract to sell land drilling rigs in a move to boost ... of its revenue as of the end of last year, it said in a statement yesterday. Through the sale to Well Drilling, which exploits oil and gas in Russia, Honghua said it expected the deal ...

    http://www.scmp.com/article/648650/honghua-group-secures-us200m-rigs-order-russia

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