Our company participated in the 2023 Abu Dhabi Oil Show. The Abu Dhabi International Petroleum Expo (ADIPEC) is the world's most cutting-edge oil industry event and one of the world's top three oil and gas exhibitions. On October 2, the 39th Abu Dhabi International Oil Show, hosted by Abu Dhabi National Oil Company (ADNOC), opened at the Abu Dhabi International Convention and Exhibition Center.
1. Protect the well wall: the oil casing can protect the well wall from the oil layer mud, oil and gas pressure and formation erosion and damage. It can prevent well wall collapse and well wall collapse, ensure the stability of the wellhead, and avoid the occurrence of downhole accidents.
In recent years, oil casing processing services continue to heat up. With the development of the oil industry and the growth of demand, casing processing services have become an indispensable part of the oil industry. Oil casing processing services mainly include pipe cutting, pipe end processing, pipe fitting production and other links, through the precision processing of oil casing, improve its service life and reliability.
Oil casing is a kind of seamless steel pipe, also known as energy blood vessel. It plays an important role in the energy industry such as oil and natural gas. The oil casing has high strength and corrosion resistance, and can withstand high pressure and high temperature environments. It is widely used in oil well drilling, oil and gas transportation and oil field development and other fields.
Domestic market demand is not strong, steel prices lack of momentum. According to data released by the China Federation of Logistics and Purchasing, China's manufacturing purchasing managers' index (PMI) was 50.4 per cent in May 2012, down 2.9 percentage points from the previous month. The production index was 52.9 per cent, which, while continuing to be above the threshold, was 4.3 percentage points lower than the previous month and the lowest since December 2011, indicating a marked slowdown in the growth rate of production by manufacturing firms. The index of new orders was 49.8 per cent, down 4.7 percentage points from the previous month and below the critical point this month after four consecutive months of being above the critical point, indicating signs of a decline in demand in the manufacturing market.
Short-section finishing technology services are mainly used to provide finishing services for oil well pipes and oil field tool accessories in the process of oil field drilling, oil testing and surface engineering construction, and to meet the design and external processing requirements of various shaft and disc parts.