Latest News

On January 27th, 2016, the 2016 Annual Work Meeting of Liaoning Liaohe Drilling Engineering Co., Ltd. was successfully held. HPMM Chairman Wang Zhengquan attended the meeting and delivered an important speech. Zhao Lin, General Manager of LHDC,  Zhang Hao, Chairman Assistant and Group Office Director, Chen Shiyi, Deputy General Manager of LHDC, Xu Weirong, Deputy General Manager, Zhao Chunzhong, Safety Director, Qiu Zhenbiao, Deputy General Manager, Yang Huishen, Deputy General Manager, Fan Hongwei, Project Manager of Wushenqi Project Department, External Coordination Manager Han Huiquan, Deputy Project Manager Wang Jie, Liu Xiaohui and Lin Hongye of Huan County Project Department, Deputy Project Manager Wang Hezhong of Dingbian Project Department, and Project Manager Zhai Hongzhi of Oil Testing Project Department attended the meeting. The group company's star-rated cadres include directors and deputy directors of various departments of the Liaoning Liaohe Drilling Engineering Co., Ltd., members of the leadership team of each project department, leader of each well team, deputy team leader, and reserve cadres, a total of 115 people attended the meeting.

At the meeting, HPMM Group Chairman Wang Zhengquan said in his speech: "In the 60 years of development, HPMM Group has formed four major business segments. The first is the petroleum machinery manufacturing segment. Our products are well-known at home and abroad. Has been among the most popular in petroleum machinery manufacturing; the second sector is the drilling engineering technical service sector, and our drilling engineering service team has reached the top level in China; the third is the energy development sector, which has broad prospects. At present, Sinopec has cooperated with us for 6000 square kilometers. The total area of the oil field block, and the 16,000 square kilometers oil field block we won the bid this year, has a total area of more than 50,000 square kilometers, which can satisfy our HPMM Group for at least 30 years of mining; the fourth is the financial sector, the overall construction of our financial building and The exterior decoration has been fully completed. HPMM Group’s goal during the "13th Five-Year Plan" period is to integrate the four major sectors and promote the overall development of the group."

Subsequently, Zhao Lin, general manager of LHDC, conducted the 2016 administrative work report, reviewed the achievements in 2015 and made work arrangements for 2016. General Manager Zhao Lin pointed out in the report: "In 2015, we have achieved certain results, but there are still some problems in our work. This requires leading cadres at all levels to invigorate, think carefully, and take effective measures and actions to do in-depth and meticulous Ideological work should be prevented and resolved from the source. In 2016, we will fully implement the strategic deployment of the Group, with the theme of improving the quality of the company’s development, and the core of improving the quality of economic growth and economic efficiency, and further deepen the understanding The business philosophy of LHDC “Dedication Serves People, Trust Goes Wordwide”, closely focuses on the development positioning of building a first-class drilling engineering technical service team led by LHDC characteristic technology and recognized by the domestic and foreign markets to ensure the completion of various established goals and ensure the company's sustainable development.

In 2016, LHDC would focus on the following 10 aspects

(1) Focus on improving the overall efficiency creation ability to achieve simultaneous improvement of scale and efficiency.

(2) Innovate market development work to ensure market share.

(3) Pay close attention to project management, and increase management and punishment.

(4) Accelerate the application of new and applicable drilling technologies to ensure the enhancement of competitiveness.

(5) Strengthen production guarantee work and tap the potential of self-service.

(6) Aiming to promote the upgrading of operation and management, to realize the simultaneous reduction of costs and interest, to change the business philosophy, and to reduce the business risk.

(7) Grasp the key point sources and fine-tune cost management.

(8) Implement special assessments and strictly honor rewards and punishments.

(9) Taking the completion of various tasks as the foundation to achieve team building and grassroots wells

Team building was advancing simultaneously.

(10) Strengthen the combination of chemistry and application to build a team with excellent skills.

The participants then divided into three groups to discuss the content of the administrative report. In the afternoon, the participants visited the factory under the leadership of professionals from Liaoning Ruifeng Special Vehicle Manufacturing Co., Ltd., and gained a deeper understanding of the Group's production scale and the significance of strategic deployment.

During the meeting, the participants actively made suggestions based on actual conditions, put forward many valuable opinions and suggestions, and raised some issues, which received great attention from the leaders. After visiting the factory, General Manager Zhao Lin answered the questions raised by the project departments and well teams in the group discussion, and answered 27 items in four aspects on materials and equipment, business plans, overseas coordination and personnel arrangements.

With the successful conclusion of the conference, the delegates all said: “The 2016 annual work conference of Liaoning Liaohe Drilling Engineering Co., Ltd. has a lofty and comprehensive system. It summed up the work in 2015 and seeks truth from facts, and the current situation is accurately judged. The proposed goals and measures are ambitious. Specifically, it not only has a strong macroscopic guiding significance, but also a microscopic operational guiding role"

The development of Liaoning Liaohe Drilling Engineering Co., Ltd. is for the overall strategic deployment of the Group, insisting on integrated development at home and abroad, and striving to achieve safety, efficiency, brand and sustainable development. According to this development idea and the company's actual advantages, Liaoning Liaohe Drilling Engineering Co., Ltd., as a comprehensive service company of petroleum engineering technology, is positioned to highlight the development of oil well construction projects such as drilling, mud, and completion, and provide engineering technology for oilfield development extend services and strive to build a first-class international petroleum engineering technology service company.

The main task of LHDC from now on is to provide services and technical support for the increase in oil and gas reserves and production based on the domestic base; while looking at foreign countries, it has achieved good economic benefits while establishing the "LHDC" international brand in China’s petroleum engineering technology. Give full play to the overall advantages, gradually move the company to the high-end market, and continuously improve economic efficiency.

In 2015, Liaoning Liaohe Drilling Engineering Co., Ltd., under the strong support of the leaders of the Group and the joint efforts of all the company's employees, maintained a relatively good development trend in production and operation, safety and environmental protection, and team stability. In 2016, the Group's clear corporate development blueprint was presented to all HPMM employees. LHDC will definitely follow the Group's development ideas and create the corporate value of LHDC.