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(December 30, 2022, Shanghai) Recently, Hilong Petroleum Pipe Company LLC, a subsidiary of Hilong Group, signed a drill pipe supply contract worth approximately US$61.5 million with ADNOC Drilling Company PJSC (ADNOC Drilling), which will supply ADNOC Drilling's onshore drilling rigs and offshore jack-up rig with drill pipe services.
Cao Yuhong, Senior Vice President of Hilong Group and General Manager of Oilfield Equipment, said: "Hilong has landed another big order since winning a US$69 million high-performance drill pipe contract from ADNOC Drilling in 2021. This success highlights ADNOC Drilling’s further recognition of the reliable quality that Hilong's high-performance drill pipe and high-quality services offer. With this contract, it has further consolidated the foundation for Hilong to enter the higher-end drilling market.”
ADNOC Drilling, a public joint-stock company incorporated in the United Arab Emirates (UAE), is the exclusive provider of drilling rig leasing services and certain associated drilling rig-related services to the Abu Dhabi National Oil Company, a UAE state-owned oil company.
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