The leader signed an order of 143 million yuan!

On November 18, it is reported that Hilong Petroleum Pipe Company LLC (Hilong PPC), a subsidiary of Hailong Group, a leading domestic oil and gas pipeline coating, recently cooperated with National Drilling & Services Company LLC, Arabian Drilling Company, Robt. Companies such as Stone (ME) LLC, Arabian Pipeline Supply FZCO and Maharashtra Seamless Limited signed contracts for drill pipe and coating services with a total value of approximately US$20 million (approximately RMB 143 million).

It is understood that Hailong will be the manager for Robt. Stone (ME) LLC, Arabian Pipeline Supply FZCO and Maharashtra Seamless Limited provide fusion bonded epoxy coating for special-shaped pipe fittings, pipe fusion bonded epoxy coating and drill pipe in-pipe coating services.

This is the second official signing of a coating order after Hailong announced on November 7 that it signed a coating service contract worth 13.5 million US dollars (about 97.85 million yuan) with XTO Energy Inc. (a subsidiary of ExxonMobil) and ConocoPhillips. Five coating service contracts were signed within 10 days, with a total contract value of more than 240 million yuan, which confirmed the quality of Hailong Group's products and demonstrated the expectations of major oil and gas companies in overseas markets for Hailong.