Tianjin Port Exports of Oil Drilling Equipment Increased

Back in the late nineties of the last century, to make China’s oil and gas drilling equipment to the international market, national authorities in accordance with international standard technology integration requirements of drilling equipment for oil and gas industry standards were modified, and has developed a various forms of oil and gas drilling machine more than 20 varieties, AC variable frequency electric drive drilling machines and other products has reached international advanced level in the same period in the international market by user acceptance.

Encouraged by national policy, China’s oil drilling equipment manufacturing technology matures, and gradually became an oil-drilling equipment manufacturing base, so as to promote equipment exports increased significantly.

According to Tianjin Customs statistics, from January to April 2007, the export of oil drilling equipment in Tianjin port 1734 units, compared with growth of 16.9% over the same period last year. Industry analysis, Tianjin Port exports of oil drilling equipment, the main reason:

First, China has become oil-drilling equipment manufacturing base, and a price advantage. At present, China can export more advanced sets of more than 6,000 meters and adapt to polar conversion rig minus 60 degrees Celsius in the truck-mounted drilling rig.

Coupled with low labor costs in China, have obvious advantages in the international price. To drill, fracturing equipment, drilling accessories and other export bulk products, for example, similar foreign products in China average less than 30%, some even lower half.

In recent years the international petrochemical general machinery manufacturing capacity gradually to transfer to China, Western companies outsource production equipment to China, expanded its production scale.

Second, national policy promotes the production of technical progress. Since the late 90 century, the state authorities on oil and gas drilling equipment, industry standards were revised, and has developed various forms of oil and gas drilling machine more than 20 varieties, so that China’s oil and gas drilling equipment standardization level, manufacturing and research and development capability and achieved breakthroughs in AC variable frequency electric drive drilling machines and other products has reached international advanced level in the same period, and in recognition of the international market by users.

National Development and Reform Commission in the “Eleventh Five-Year Plan”, will be oil and gas exploration, drilling equipment manufacturing industry as a priority to encourage the development of industries, products and technologies catalog, one of the policy is certainly encourage the development of preferential treatment.

Third, international operations expand the market. China’s international operations of oil, after the late 90’s a big development, has now been developed from low-risk individual oil fields, turned to oil production and technical services, refinery construction and pipeline construction and other comprehensive project development phase, the formation of a North Africa, Central Asia – Russia, South America and South Asia Strategic Development Area 4.

As of the end of 2006, China’s oil companies and more than 30 countries signed oil contracts total more than 40 projects, international operations have begun to take shape, led the oil-drilling equipment to the international market.

Tianjin Port from January to April this year, exports to the U.S. oil drilling equipment 1149 sets, up 44.8%, accounting for the same period in Tianjin Port’s total exports of oil drilling equipment, 71.8%. In addition, the Tianjin port on Canada’s exports of oil drilling equipment 427 sets, essentially flat with the same period last year; exports to India of 37 units, while exports only 2 sets last year.

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