2023
In March, signed contracts for the PROVISION OF ENGINEERING, PROCUREMENT, CONSRUCTION (EPC) SERVICE FOR MAJNOON DS2 WET OIL UPGRADING PROJECT. In October, signed the UCH Compression Project and the Dakhni Compression Project in Pakistan.
In March, signed contracts for the PROVISION OF ENGINEERING, PROCUREMENT, CONSRUCTION (EPC) SERVICE FOR MAJNOON DS2 WET OIL UPGRADING PROJECT. In October, signed the UCH Compression Project and the Dakhni Compression Project in Pakistan.
Signed a contract for MEXICO CCCLERDO PROJECT
Signed a subcontract for the liquefaction and purification unit part of 1 million tons/year carbon dioxide recovery and utilization project to provide the owner with a complete set of process package design, supply, commissioning and commissioning services. This project is China`s first million-ton-level CCUS project.
Won the bid for the construction of 1 billion cubic meter natural gas processing plant in Kashagan Oilfield of Kazakhstan, with a contract value of approximately 1.670 billion CNY. We provided the owner with detailed design and supply of all skid-mounted equipment, and instructions of on-site installation and commissioning services.
On August 19th 2019, HBP’s original controlling shareholders and actual controllers completed their share transfer to Changsha Water Group Co.,LTD, with the latter being HBP’s controlling shareholder and Changsha State-owned Assets Supervision and Administration Commission (SASAC) being actual controller. Changsha Water Group Co.,LTD, as HBP’s controlling shareholder, gave high recognition to HBP’s main business of oil and gas engineering service and made active efforts to push HBP’s international business and Belt and Road Initiative. Changsha Water Group Co.LTD is not only financially strong, but also has synergism between its public utility layout in Changsha city and HBP’s environment engineering and service business, which will promote environment protection as HBP’s second main business.
The support from a state-owned enterprise will guarantee HBP’s sustainable, stable and sound development, mitigate financial risks and enhance profitability, so as to return shareholders better.
Signed the EPCIC general contract of Chad ORYX oilfield surface equipment project, and won the bid of Ethiopian natural gas gathering-transportation and processing EPCC project.The implementation of these two projects with a total value of nearly 4 billion RMB will further consolidate the company's market development achievements in Africa and expand the brand influence of HBP.
In 2017, HBP purchased 51% of shares of Henan Zhuomuniao Underground Pipeline Detection Co.,Ltd, elevating our strength in oil & gas pipeline business. On November 6th, Ketr Intelligence Limited Company was listed on NEEQ (National Equities Exchange and Quotations).
In 2016, HBP purchased 40% of shares of DMCC Iraq Company under Anton Group. Through this cooperation, HBP and Anton formed an integrated consortium capable of providing one package, one-stop and turn-key services in drilling, workover, well completion, surface construction, operation and maintenance of oil extraction, and petro-chemical environmental protection equipment. In this way, we become the first privately-run service system to provide an overall solution to oil and gas development in China.
In 2015, HBP succeeded in opening EPC market in Pakistan by signing EPC contract for natural gas treatment project, laying a solid foundation for further developing the promising market in South Asia and Southeast Asia. 200 million RMB was invested in establishing HBP Environment Engineering Technology Co.,Ltd in Tianjin to engage in professional management of environmental protection business and to build an independent core team.
In 2014, HBP successfully purchased Kongnan Block of Dagang oil field 100% equities as a foreign country contractor, and its general operation scale was enlarged further; HBP contracted Iraq Missan Oil Field EPC project as the general contractor, which upgraded the company from traditional oil-gas field equipment business to EPC project general contracting.
In 2013, HBP extended its business to upstream oil and gas resources development realm, and purchased partial interests of production sharing contract of coal-seam gas exploitation of Shanxi Liulin. The integration of upstream, middle and downstream has emerged.
In 2012, HBP decided an integrated development strategy of upstream and downstream. While stabilized oil-gas equipment and service business, HBP broke into downstream field of natural gas utilization by purchasing Natural Gas Operation and Management Company.
In 2011, HBP was listed in i in Shenzhen Stock Exchange with stock code “002554”.
In 2009, HBP Vehicle-mounted Mobile Testing Equipment won the bid among international famous competitors, and its products made their way to Algeria, Kuwait and so on oversea market.
In 2009, HBP vehicle-mounted mobile testing equipment won the bid among international famous enterprises, and its products made their way to Algeria, Kuwait and so on oversea market.
In 2008, HBP developed the first auto thermochemical and mechanical separation equipment for oily sludge in China, and made its first application in Daqing Oilfield, subsequently developed mobile sludge treatment equipment. So environment protection engineering became a key part of HBP business development strategy.
In 2007, HBP developed China’s first oil tank auto-mechanical cleaning equipment with its own intellectual property right, changing the reality of overdependence on import in this field.
In 2006, HBP contracted gas-lift processing project in Zhalaroer of Kazakstan, and extended HBP oil gas comprehensive processing technology industry.
In 2005, HBP contracted the EP work of Central Processing Station (CPF) in Middle East; HBP has made its great stride in international oil-gas processing market.
In 2004, HBP developed high pressure and high temperature testing equipment of international advanced standard, which broke the European and American monopoly in this area.HBP made a great breakthrough in oil-gas production.
In 2003, HBP oil-gas processing equipment broke into offshore oil market, providing set equipment for ocean platform, FPSO and land terminals.
In 2002, HBP targeted at automation control area, by combining its technological and talent advantages, finding a practical diversification path.
In 2011, HBP invented high efficiency oil-gas-water-sand four-phase separator, which successfully solved the issue of separation of heavy extra-high water-cut produced fluid, founding the leading advantage of HBP in high efficiency separation area in China.
In 2000, HBP accurately located its strategy during the embryo, and focused on oil-gas treating process area, to create more space for company expansion through development and innovations.
In 1999, HBP had developed the low shear cone valve type polymer flow regulator for tertiary oil extraction of international standard, which helped Daqing Oilfield to achieve “One pump versus multiple wells " of tertiary oil extraction process revolution, and HBP made his sail successfully.
In 1998, Beijing China Oil HBP Science and Technology Company Limited was initiated and registered by Huang Song, Bai Minggen, Pan Feng.
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