China's oil equipment industry ushered in a good opportunity for development-Jiangsu Hengda Machinery Manufacturing Co.,Ltd

China's oil equipment industry ushered in a good opportunity for development

Published:

2020-03-24

Recently, industry experts pointed out that, with the "12th Five-Year Plan" (2011 ~ 2015) during the Chinese oil companies to accelerate overseas investment, the country to increase the development of offshore oil and gas and shale gas, China's oil equipment industry will usher in a new round of high-speed development.

　　Sufficient in the domestic market, and actively seek opportunities to "go global", the "12th Five-Year Plan" period
　　Recently, industry experts pointed out that, with the "12th Five-Year Plan" (2011 ~ 2015) during the Chinese oil companies to accelerate overseas investment, the country to increase the development of offshore oil and gas and shale gas, China's oil equipment industry will usher in a new round of high-speed development.
　　"Tenth Five-Year" and "Eleventh Five-Year" period, with China's economic development, energy consumption increased, the oil equipment industry has experienced the "spring" of the oil equipment manufacturing industry. Data show that the "Eleventh Five-Year" period, China's petroleum and petrochemical equipment manufacturing enterprises above the scale from 1019 to 2023, the total industrial output value of 74 billion yuan to 249 billion yuan.
　　Industry experts said that the rapid development of China's petroleum equipment manufacturing industry in recent years, to support the development of the national oil industry, for the national energy strategy and the stability of the national economy has contributed. Equipment industry not only in the scale of great progress, but also in the development of technology has a major breakthrough, such as horizontal drilling, underbalanced drilling and drilling rig speed "three sharp" technology applications, greatly improving the efficiency of oil exploration and development.
　　Oil companies "go out" to drive the export of oil equipment
　　For the "12th Five-Year Plan" the development of oil equipment, the industry is more optimistic, that the overall domestic energy situation in China is better, production and recovery rate is getting higher and higher, the next five years, with the increase in domestic exploitation of oil and gas resources, the demand for oil equipment is bound to increase. In addition, China's oil companies to speed up the pace of "going out", will also drive China's equipment together to overseas markets, broad prospects.
　　From the international demand point of view, Pateh Law Petroleum Engineering Company Beijing Representative Office Chief Representative Jiang Junyan said, with international oil prices remain above $ 80 / barrel, oil companies will increase the efforts of exploration and development, and strengthen the exploration and development of deep-sea and unconventional oil and gas fields; In addition, the Middle East needs a lot of oil equipment supply, as China has become the world's equipment manufacturing base and processing center, Chinese companies with the As China has become the world's equipment manufacturing base and processing center, Chinese companies with the advantage of low price and high quality will definitely be able to get a share in the international market.
　　Private enterprise Shandong Junma Group Company is optimistic about foreign markets. Sun Hongrong, vice president of the group, said that more and more foreigners have expressed interest in the company's products and have expressed their intention to negotiate. The company plans to enter the overseas market in 2014, the establishment of overseas offices to sell independently developed high-pressure steam injection boilers, first into the countries of Asia, Africa and Latin America, and then develop the European and American markets to seek greater opportunities.
He also said that the national "12th Five-Year Plan" proposed to vigorously develop high-end equipment manufacturing, this policy support is another positive for the company. "The national policy has a great impact on us, the greater the investment, the greater the impetus for us to improve our core competitiveness, so as to achieve great development." He said. Tapping the potential of offshore oil and gas and shale gas equipment To ensure China's energy security and meet the growing demand for energy, China continues to accelerate domestic onshore oil and gas exploration and overseas investment while increasing the exploration and exploitation of offshore oil and gas and shale gas. The Ministry of Industry and Information Technology (MIIT) has revealed that the Ministry of Industry and Information Technology has completed the preparation of the Medium and Long Term Development Plan for the Offshore Engineering Equipment Industry, and is expected to announce it within the year. According to reports, China will release a ten-year development plan for the domestic offshore oil and gas equipment industry by the end of this year. Industry insiders said that China's offshore resource potential is very large, and the next five years are bound to be an important period for offshore oil and gas development, which portends a huge demand for oil equipment. In addition, China's shale gas reserves are huge, for oil equipment companies is another huge market.