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Honghua Group Limited held an extraordinary general meeting in Chengdu
At December 23, 2010, Honghua Group Limited (“the Company”) held an extraordinary general meeting (EGM) in Chengdu, to vote on and prove resolutions regarding Continuing Connected Transactions with Nabors Industries Limited dated as November 19, 2010. The Continuing Connected Transactions comprise transactions carried out by the Company with the Nabors ...
Honghua Group Limited Enters Into The First Agreement In Kazakhstan For Oil And Gas Engineering Services Worth US$10 Million
Honghua Group Ltd. is pleased to announce that one of the Group’s subsidiaries has, for the first time, entered into an oil and gas engineering services agreement with a client in Kazakhstan worth approximately US$10 million. This represents the development of Honghua’s business into the field of oil and gas engineering services and is a big step for...
Enters Into Important Sales Agreement With Russian Client For Supply Of Land Drilling Rigs
Russia Honghua Co., Ltd (“Russia Honghua”), a subsidiary of Honghua, has entered into a land drilling rig sales agreement (“Agreement”) with OOO Burovoya Kompaniya Eurasia (“BKE”) amounting to an aggregate of more than RMB1.3 billion on 12 November, 2010. Pursuant to the Agreement, the clauses of trading over RMB600 million of land drilling rigs has bee...
Inauguration of First ZJ70DBS Drilling Rig for BAPEX
On 23 March, 2010 at 10 am, a ribbon cutting ceremony to celebrate the inauguration of the ZJ70DBS drilling rig for Bangladesh Petroleum Exploration & Production Company Limited (BAPEX) was held at Honghua Group’s Guanghan base. Prof. Dr. Md.Hussain Monsur, Chairman of BAPEX, Mr. Mortuza Ahmad Faruque, general manager of BAPEX, Mr. Yang Bo, secretary of...
President Zhang rewarded as leading entrepreneur of trading and export enterprises in Sichuan for 20
Recently, the General Office of the Provincial Government of Sichuan published a list praising leading entrepreneurs of trading and export enterprises in Sichuan for 2009, of which Mr. Zhang Mi, the legal representative of Honghua International Co. Ltd., was nominated. Honghua International Co., Ltd., a subsidiary of Honghua Group Limited, is principall...
Honghua DBS Drilling Rig Successfully Commenced Drilling in Novy Urengoy, Russia
On 30 January 2010, the AC VFD ZJ70DBS-1 drilling rig produced by Sichuan Honghua Petroleum Equipment Co., Ltd., a subsidiary of Honghua Group, had successfully commenced drilling at a Russian well site (Заподно-Юбилейная.площадь.СКВ.№22) subsequent to the final installation and testing. DBS rigs are fully digital controlled and utilize a single alterna...

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