In January 2020, Ruifeng Petrotech successfully participated and won two tenders from China National Petroleum Corporation (CNPC) sections of the Dagang Oilfield, The contracts are for lower completion projects in terms of providing well completion and sand control business as well as engineering services worth millions.
This was our first major win for the material framework of Dagang Oilfield, which is a testament to our further development of the company's completion and sand control business to guarantee a formidable foundation for the company to further penetrate, explore and expand into the CNPC market.
On March 10th 2020, Ruifeng Petrotech participated and won the bid for "2020-2022 Adaptive Flow Control, Inflow Control and Sand Control Completion Technical Services” organized by CNPC Jidong Oilfield Company, Ruifeng’s adaptive inflow control and sand control completion technology has entered the "three Major Giants” for the domestic Chinese market that is SINOPEC, CNOOC and CNPC. This is a further acknowledgement of Ruifeng Petrotech’s drive to continuously provide reliable technology with robust construction and make unwavering advancement in improve our inflow control technology and applications.
