[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 * * * * 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.