603619
Stock code
(%)
On May 27, 2021 two sets of 40 Truck Mounted Rigs for Saudi Arabia Drilling Project, manufactured by ZPEC, were delivered to the Port of Shanghai to be shipped to Saudi.
On March 28, 2021, ZPEC Group Company and Saudi Aramco signed a $120M USD contract, in which ZPEC was to manufacture the two sets of 40 Truck Mounted Rigs. This type of rig has the features a compact structure, advanced performance, high automation, and all components truck mounted. These rigs meet the needs of on-site rapid and efficient moving, providing a strong guarantee to ensure the smooth start of the project.
(Mr. Haijun Qi)
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