[TodayIR] HILONG: Hilong Anti-Corrosion Secures CNOOC Offshore

  [TodayIR] HILONG: Hilong Anti-Corrosion Secures CNOOC Offshore Oil and Gas
                                Field Project

Hilong Anti-Corrosion Secures CNOOC Offshore Oil and Gas Field Project

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Marks Its Official Entry into Concrete Weighted Coating Anti-Corrosion
Services for Offshore Line Pipes Provides a New High-End Service Growth Driver

(Hong Kong, 8 December 2013) – Hilong Holding Limited (stock code: 1623), a
leading PRC-based integrated oilfield equipment and services provider, is
pleased to announced that Shanghai Hilong Anti-Corrosion Technology
Engineering Co., Ltd. ("Hilong Anti-Corrosion") has secured a tender for a
offshore oil and gas field project from China National Offshore Oil
Corporation (CNOOC). Hilong Anti-Corrosion is to provide a seamless steel pipe
Concrete Weighted Coating (CWC) service for the project.

The offshore oil and gas field project is about 425kms from the coast with a
depth of approximately 94.4m-108.3m. In this project, Hilong Anti-Corrosion
secures pipes with diameter of 219.1mm and 273.1mm to provide seamless steel
pipe CWC service. The aggregate length of this project is approximately 39kms,
with a contract value amounting to approximately RMB17 million.
 
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