At the beginning of August 2019, the Ruifeng Petrotech successfully participated and won the tender from CNOOC Zhanjiang Branch in relation to the field development (drilling & completion of the Lingshui 17-2 Gas Field). Our section of the tender covers the manufacturing and provision of shunt-tube screen and its related accessories and also providing the engineering and technical field operational services needed to successful execute the project. Ruifeng Petrotech’s ability to win this tender from the other competitors for this project like Schlumberger and GE Baker Hughes was due to our drive and focus on our research and development aspects of our business through constant development and innovation of our technological abilities and products. The Lingshui 17-2 project is China's first deep-water self-operated large gas field with reserves exceeding 100 billion cubic meters. Ruifeng Petrotech is the only private domestic service provider on this project.
This has made us the first domestic oilfield service company in China to mass produce and provide technical services for shunt-tube screens for CNOOC.
