Honghua Group (HH), also referred to as DEC Honghua, lately secured two contracts price a complete of $310.8 million from two Center Japanese shoppers.
The corporate stated it has secured a $100 million contract with a number one oilfield service enterprise within the Center East for a number of new units of drilling rigs.
The rigs on this challenge are desert fast-moving automated drilling models, developed by HH by way of built-in mechanical and electrical design. They incorporate core applied sciences reminiscent of automated pipe dealing with, zone administration, and clever upkeep techniques, in accordance with the corporate.
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Lately, HH has provided a number of desert fast-moving drilling rigs to this shopper, HH stated.
Moreover, HH prolonged its cooperation with an oil enterprise within the Center East by way of its unit Dongfang Honghua. Following an preliminary deal price $210.8 million signed in 2024, the corporate secured a brand new deal exceeding $210.8 million for drilling rigs.
The drilling rigs used for this challenge had been developed by Dongfang Honghua. The models use a dual-core system of “AI-enabled + island cluster drilling.” They incorporate six important applied sciences: Good Drilling, Automated Pipe Dealing with, Offline Stands Building, Zone Administration, Battery Power Storage, and Tools Situation Monitoring. The superior strolling system improves effectivity, reliability, mobility, and cost-effectiveness for multi-row cluster properly operations on synthetic islands, HH stated.
“These next-generation island rigs, constructed with embedded synthetic intelligence, symbolize a leap ahead in know-how, enhancing security, effectivity, and efficiency, and would be the key to selling the belief of the enterprise’s manufacturing capability goal”, HH quoted the CEO of the unnamed oil enterprise as saying.
To contact the writer, electronic mail andreson.n.paul@gmail.com
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