Hilong Holding, the world's second-largest supplier of drill pipes used in oil and gas fields, expects overseas sales to exceed domestic numbers in three to five years as it continues expansion...
- Sat
- May 18, 2013
- Updated: 11:06pm
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Honghua Group, a Sichuan-based producer of land-based oil and gas drilling rigs, saw its share price dive after it said last Friday it expected to post a net loss for last year after a loss of 127...
China Oilfield Services, the largest provider of such services in offshore China, plans to issue up to two billion yuan of long-term bonds to finance capacity expansion.
THE number of oil and gas rigs operating in the United States has fallen to the lowest level since an industry watcher began keeping count in 1944. The decline in the number of rigs to 588 last...
Amoco Corp and China National Petroleum Corp (CNPC) have signed an agreement to assist China in the manufacture and marketing of 'anti-whirl' rock drill bits.
Norwegian rig group Ocean Rig has signed a memorandum of agreement with Saga Petroleum to contract its first fifth-generation drilling rig under construction at the Dalian New Shipyard in China....
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