DC editor and publisher Mike Killalea visited the headquarters of Honghua Group in Chengdu, China, last month and spoke with Zhang Mi, chairman and president of Honghua. The company introduced its integrated shale gas drilling system at the 2012 OTC, which incorporates new technologies such as a 6,000-hp fracking pump and a highly mobile flexible water tank. At the same time, Honghua has made significant investments into a new offshore rig yard near Shanghai. The centerpiece of the yard will be a 20,000-ton crane to lift whole platforms that are assembled onshore. “Ultimately this will allow us to achieve mass production of offshore rigs,” Mr Zhang said.
Click here to read more about Honghua’s introduction of its 6,000-hp integrated shale gas drilling system at the 2012 OTC.