honghua group (196) Snapshot

Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land drilling rigs, offshore drilling modules, and related parts and components. The company also provides technical support and drilling engineering services. It operates through four segments: Land Drilling Rigs; Offshore Drilling Rigs; Parts and Components and Others; and Oil and Gas Engineering Services. The company designs and manufactures land drilling equipment, including land drilling rigs, offshore drilling packages, top drives, mud pumps, and other oil drilling equipment and ancillaries; and offshore equipment comprising jack-up, semi-submersible, fixed platform, and SPAR offshore drilling platforms, as well as functioning equipment, navigation and anchor systems, electric and dynamic modules, and platform bodies. It also offers various oil and gas engineering services, including drilling services, such as oil and gas wells, air and foam, underbalanced, horizontal/vertical, horizontal/directional, and high H2S wells drilling services; and other drilling services comprising cementing, high density mud engineering, casing running, surface testing, workover, and completion services. In addition, the company provides value-added services, including drilling camp construction and operation, and rig moving services; and manufactures petroleum equipment, as well as panels of drilling rigs. The company operates in the People’s Republic of China, the Americas, the Middle East, Europe, and Africa, as well as Central, South, and South East Asia. Honghua Group Limited was founded in 1997 and is headquartered in Chengdu, the People’s Republic of China.