At the beginning of 2013, Xi’an Kosun signed a contract with Sichuan Honghua Oil & Gas Engineering and Technology Services Co. Ltd. concerning 7 sets of 2000HP onshore rig mud solids control system in Xi’an, China. The technical team of Honghua assessed the factory twice and communicated with the technical department of Xi’an Kosun many times. And finally they decided Kosun as the manufacturer to complete the 7 sets of 2000HP onshore rig solids control system. This contract marked another increase of solids control parts share of Xi’an Kosun Machinery Manufacturing Co. Ltd as China solids control leader in the drilling equipment market and also marked the domination of Kosun in the newly-increased drilling solids control parts market in China.

Honghua Oil & Gas Engineering and Technology Services Co. Ltd is one of the wholly-owned subsidiaries established by Honghua Group and is professionally engaged in drilling engineering technical services at present. We learn that the 7 sets of 2000HP onshore rig supporting systems will be used to exploit oil and gas fields in the northern Shaanxi and Inner Mongolia, where the drilling contractors mainly include CNPC, Baker Hughes and Schlumberger Limited.

Founded in 1992, Xi’an Kosun is one of the earliest manufacturers in oil & gas drilling solids control equipments and system in China. Over 20 years of development, Kosun has gradually formed three centers like Xi’an Equipment Manufacturing Base, Beijing International Trade Center and Kazakhstan Aktoibe Oilfield Services Base in Central Asia, as well as another two industrial patterns as oil & gas drilling solids control equipment manufacturing and oilfield engineering services.

The cooperation between Xi’an Kosun and Sichuan Honghua consolidates the position of Kosun as the leader of the solids control industry in China again.