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The reporter learned from the equipment manufacturing branch of the group company on January 6th that in 2008 China's petroleum equipment manufacturing industry saw a substantial increase in sales revenue and a record high.
In recent years, China's oil equipment manufacturing companies have relied on independent innovation to make 12,000 meters of rigs, dual-fuel engines and other advanced equipment that has reached the international advanced level. This marked an unprecedented increase in the manufacturing capacity of China's oil equipment, which greatly changed the situation in the early stages of reform and opening up, and large-scale and key oil equipment basically relied on imports.
Looking back at the 30-year history of China's oil equipment manufacturing industry, we can see a road of introduction, digestion and independent innovation. In the 1980s, the Ministry of Petroleum implemented the "100 million tons of crude oil contracted," and technological progress continued to accelerate, which promoted the development of the petroleum equipment manufacturing industry. The petroleum equipment companies actively cooperate with foreign companies to produce 34 kinds of petroleum special equipment such as numerical control logging tools and seismic data acquisition systems, and digest foreign advanced technologies to enhance their independent research and development capabilities. During the same period, 27 types of oil drilling equipment and oil field surface construction equipment such as digital seismographs, geophones, various types of oil drilling rigs, and high-power diesel engines were developed independently, which greatly accelerated the process of localization of petroleum equipment.
According to incomplete statistics, the oil equipment manufacturing industry produced about 1040 oil special equipment and accessories tools in 1998, and the quality has improved about 85%. 24 products have won national gold and silver prizes and 225 products. Won the Ministry, the provincial quality product award. Many new products are urgently needed equipment for the development of the oil industry, filling a number of domestic gaps and replacing imported products. In 1992, the export of petroleum equipment achieved a breakthrough of zero. By 1998, more than 90 products had been exported to 36 countries and regions including North America, the Middle East, Europe, and Southeast Asia, with an accumulated foreign exchange of US$720 million.
In the new century, international oil prices have soared, investment has increased substantially, and the oil equipment manufacturing industry has ushered in a golden period of development. PetroChina’s oil equipment manufacturing enterprises have seized the opportunity to target advanced equipment in the field and further increase their independent research and development efforts.
5,000 meters, 7000 meters, 9000 meters, and 12,000 meters of various types of electric drive rigs and composite drive rigs, such as spring bamboo shoots, have been localized in the gemstone machinery company. The long-stroke, high-reliability engines and dual-fuel engines produced by Jichai have advanced to the world's advanced level. Top-drilling rigs The “weapon†of the drilling industry was introduced at the Beijing Petroleum Machinery Plant. Its performance has reached the international advanced level and it is exported to the United States and other markets. The pipe-making enterprises successfully developed the X70 large-caliber, large-walled welded steel pipe, which ensured the needs of major projects such as the West-East Gas Pipeline, the Shanxi-Beijing Second Line, and other large-scale production of X80 welded pipes to lay the foundation for product upgrading. The successful development of EILog logging equipment and CGDS-I near-bit geosteering drilling system has reached or approached the international advanced level...
These high-end petroleum equipment products with independent intellectual property rights have greatly enhanced the company's core competitiveness and enabled the market share of China's oil equipment manufacturing industry to expand year by year, bringing the output value to a higher level. In just 7 years, the sales revenue of China's oil equipment manufacturing industry soared from 5.1 billion yuan in 2001 to more than 40 billion yuan in 2008.
In recent years, China's oil equipment manufacturing companies have relied on independent innovation to make 12,000 meters of rigs, dual-fuel engines and other advanced equipment that has reached the international advanced level. This marked an unprecedented increase in the manufacturing capacity of China's oil equipment, which greatly changed the situation in the early stages of reform and opening up, and large-scale and key oil equipment basically relied on imports.
Looking back at the 30-year history of China's oil equipment manufacturing industry, we can see a road of introduction, digestion and independent innovation. In the 1980s, the Ministry of Petroleum implemented the "100 million tons of crude oil contracted," and technological progress continued to accelerate, which promoted the development of the petroleum equipment manufacturing industry. The petroleum equipment companies actively cooperate with foreign companies to produce 34 kinds of petroleum special equipment such as numerical control logging tools and seismic data acquisition systems, and digest foreign advanced technologies to enhance their independent research and development capabilities. During the same period, 27 types of oil drilling equipment and oil field surface construction equipment such as digital seismographs, geophones, various types of oil drilling rigs, and high-power diesel engines were developed independently, which greatly accelerated the process of localization of petroleum equipment.
According to incomplete statistics, the oil equipment manufacturing industry produced about 1040 oil special equipment and accessories tools in 1998, and the quality has improved about 85%. 24 products have won national gold and silver prizes and 225 products. Won the Ministry, the provincial quality product award. Many new products are urgently needed equipment for the development of the oil industry, filling a number of domestic gaps and replacing imported products. In 1992, the export of petroleum equipment achieved a breakthrough of zero. By 1998, more than 90 products had been exported to 36 countries and regions including North America, the Middle East, Europe, and Southeast Asia, with an accumulated foreign exchange of US$720 million.
In the new century, international oil prices have soared, investment has increased substantially, and the oil equipment manufacturing industry has ushered in a golden period of development. PetroChina’s oil equipment manufacturing enterprises have seized the opportunity to target advanced equipment in the field and further increase their independent research and development efforts.
5,000 meters, 7000 meters, 9000 meters, and 12,000 meters of various types of electric drive rigs and composite drive rigs, such as spring bamboo shoots, have been localized in the gemstone machinery company. The long-stroke, high-reliability engines and dual-fuel engines produced by Jichai have advanced to the world's advanced level. Top-drilling rigs The “weapon†of the drilling industry was introduced at the Beijing Petroleum Machinery Plant. Its performance has reached the international advanced level and it is exported to the United States and other markets. The pipe-making enterprises successfully developed the X70 large-caliber, large-walled welded steel pipe, which ensured the needs of major projects such as the West-East Gas Pipeline, the Shanxi-Beijing Second Line, and other large-scale production of X80 welded pipes to lay the foundation for product upgrading. The successful development of EILog logging equipment and CGDS-I near-bit geosteering drilling system has reached or approached the international advanced level...
These high-end petroleum equipment products with independent intellectual property rights have greatly enhanced the company's core competitiveness and enabled the market share of China's oil equipment manufacturing industry to expand year by year, bringing the output value to a higher level. In just 7 years, the sales revenue of China's oil equipment manufacturing industry soared from 5.1 billion yuan in 2001 to more than 40 billion yuan in 2008.
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