Honghua Wins Order For Electric Coiled Tubing And Launches Cutting-edge Rapid Tripping System
Honghua Wins Order For Electric Coiled Tubing And Launches Cutting-edge Rapid Tripping System HONG KONG, Feb 01, 2021 - (ACN Newswire) - Honghua Group Limited (Stock Code: 196.HK, "Honghua" or the "Company"), a leading onshore oil rig supplier is pleased to announce that the Company has recently successfully developed the first electric coiled tubing in China and the first "one-key linkage" automated machine tool system in China, named Rapid Tripping System (RTSTM). In addition, Honghua has recently signed an order for two sets of electric coiled tubing, realizing achievements in both scient...