Exclusive video: Honghua Group taps shale gas, offshore rig markets

Posted on 09 August 2012

http://www.drillingcontractor.org/wp-content/uploads/2012/08/video-honghua-08082012.flv

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.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 23 September 2014

    Panel: Development of 20,000-psi BOP impacts entire rig

    The development of 20,000-psi drilling equipment and systems has been on industry’s agenda to meet operational needs in challenging frontiers. Although the BOP is a major focus in this effort...

  • 23 September 2014

    Siemens to acquire Dresser-Rand for $7.6 billion

    Siemens has entered into an agreement with Dresser-Rand to acquire all of the issued and outstanding common shares of Dresser-Rand. The offer price is $83 per common share in cash or a total transaction value of...

  • 23 September 2014

    ‘Transformational technologies’ to support drilling systems automation

    On the road to drilling systems automation (DSA), communication plays a key role, in which physical mediums and standards enable disparate solutions…

  • 22 September 2014

    Shell: Sharing software solutions would move industry closer to rig automation

    When asked what will accelerate the adoption of modern technologies commonly used in other industries, 53% of approximately 150 people polled at the 2014 IADC Advanced...

  • 22 September 2014

    Maersk Drilling receives one-year extension for Maersk Convincer

    Petronas Carigali has extended the contract for the jackup rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015…

  • Read more news