In China petrochemical group company leading cadres symposium established "build a world class energy chemical company" grand goal, the zhongyuan oilfield development news from overseas. Along with the contract sum of $197 million Saudi ministry of agriculture irrigation water pipeline project formally signed, and this year the zhongyuan oilfield overseas market new (contd.) sign the contract has reached a contract amount, 58 $833 million in advance, five months to complete annual excess overseas market development task.

Saudi ministry of agriculture irrigation water pipeline project is Saudi ministry of agriculture of the greatest sewage reuse program. Pipe is 178 kilometers long, the total period 48 months, plus 12 months of operation maintenance the shipment. By the project's zhongyuan oilfield engineering construction corporation into Saudi market since 2006, construction of the construction at the same performance more than 10 home is one of the domestic and foreign enterprises, has been the high praise.

Since this year, zhongyuan oilfield based on the current overseas projects, design the future, stick to the chosen men, high-end road and comprehensive service road, continuously consolidate and strengthen and main owner's long-term cooperation relations, in guarantee construction team work, at the same time enough to do deep do fine fluctuate, and actively developing high technical content, high added value project, gradually to high-end fields and comprehensive service direction, overseas market development has maintained a rapid growth momentum.

1 to July, oil drilling professional finish in zhongyuan oilfield value accounts for 78.3% of the total amount of foreign profits, utilization rate to 85%, the workload rig every month on average 19.9 a rig, increase the production and operation of presents good trend. Sudanese company ten bottles ZuanJingDui all put into production, the company will start drilling machine kazakhstan 11, Saudi company 12 sets of drilling RIGS are in normal operation. Kuwait company drilling, workover average move speed increased by 27% and 45% year-on-year.

In all new signing (contd.) the contract in Sudan, oil market was 17 area 400 km 2 d collection, four projects of award of bid, petroleum engineering specialty realize full load production. In Saudi Arabia market to sign a new contract, 4 rig stood up to $250 million, including a 9000 m electric drill contract. This marks the first time in Saudi market drilling into the super deep well drilling field high-end. Before long, the zhongyuan oilfield in Saudi market rig a total of 18 sets, and entered into the Saudi aramco comprehensive cooperation with the new stage.

In addition, the petroleum engineering team is still in kazakhstan, Ecuador, Iran the winning five drilling, geophysical interpretation for China petrochemical group contract, the company expanded overseas business provides strong support. Kyrgyzstan become zhongyuan oilfield in overseas won his fourth logging market. At the same time, the oil field ground engineering to high-end market development make new breakthrough, the Saudi ministry of agriculture water pipeline again and Sudan rich pull power plant two large gas pipeline project, Saudi Arabia may magni EPC law project execution stood up to us $43.62 million, and show the oil comprehensive service technical strength.

Oil field, ensure the elaborate organization construction the purpose security and smooth operation, and also have the parties praise. China's oil key project Sudan 6 area thin oil pipeline EPCC project completed on time, party a is as cooperation model; Zoe YouJian project in May company of assessing the monthly HSE, 6 months to reach 90 points or more in more than 10 factories, construction enterprise is one of the 1.8 million hours, realize the security without accident; Kazakhstan SINOPEC178 company in CT-56 team machines working well drilling speed per hour at 9.15 meters, refresh two indexes; Iran SINOPEC210 ZuanJingDui through 150 m asphalt layer, party a supervision and praised the technical strength.