 According to the strategy of “establishing a transnational enterprise group with international competitive capacity” of CNPC and Petrochina, abiding, by the target of “creating a-hundred-year oilfield, realizing sustainable and effective development”, Daqing Oilfield Limited Company is making active efforts in carrying out the principle of “going abroad”. In compliance with the development ideas of “acquire markets with techniques, expand markets with exploration and production”, the overseas markets grew from nothing, to a large enterprise, and experienced three stages: a difficult start, stable growth, and accelerating development. Both the market share and benefits have shown a stable increase, international operation and competitiveness have been strengthened. Engineering, technical service crews and products have entered into over 28 countries such as Venezuela, Sudan, Kazakhstan, Indonesia, America, Canada, AE, Oman and Mongolia and has successively established Sales Companies of exclusive ownership or Joint Ventures in Venezuela, Sudan, Indonesia, AE and Mongolia. Major international cooperation are as follows:
Market in Venezuela: It was the first overseas market that Daqing Oilfield ever developed. Since the first geophysical crew arrived in Venezuela in 1999, the number of specialized fields and market share increased over the years. The company’s business includes drilling and geophysics, the company has become a well-known contractor for geophysics in Venezuela; represented by the elite crew of GW58, the company’s 5 drilling crews have made series of outstanding achievements and earned a good reputation, the crew GW58 has been awarded the “Silver Medal” for the exploration and production of technical service by CNPC, Great Wall Crew was awarded the prize of “Outstanding Drilling Crew” and “Elite Drilling Crew” by the Great Wall Drilling Company. By the end of 2008, the total contract value signed and total income made was 430,000,000USD, the income of 2008 alone, has reached 44,120,000USD.
Market in Sudan: Sudan is the largest overseas market of Daqing Oilfield’s secondary exploration. It is mainly engaged in projects encompassing drilling, cementation, logging, and program design for the comprehensive exploration of the oilfield, commercial transportation security for power station, sales on submersible electric pump and screw pump. By the end of 2008, the company has signed contracts with total value of 635,000,000USD, the accumulated income reached 469,000,000USD, among which the income for 2008 has reached 83,387,600USD. Currently there are 7 crews in Sudan, (4 drilling crews, 1 commercial transportation security crew for the power station, and 2 technical service crews for submersible electric pump), with 152 employees mainly engaged in 7 engineering technical service projects like drilling, pump rental, commercial transportation, security for power station etc; major equipment include 1 converter rig ZJ-40DB, 2 30D rigs. The Power Pump Company has achieved in excess of 70% of the pump market in Sudan, and realized the integration of production, sale and technical service; carrying forward the Spirit of Iron Man, GW1205 drilling crew struggled tenaciously, cherished with good faith, and finished every project with high efficiency.
Market in Indonesia: Indonesia is an overseas market that Daqing Oilfield has self-developed with a good record, highly concentrated markets, and a wide range of specialties, including a high localization of staff. The company in Indonesia mainly engages in areas like seismic exploration, drilling, logging, work-over, perforating, testing, metering, commercial transportation security for power station, sales for submersible electric pumps and screw pumps etc. By the end of 2008, the company has signed contracts with total value of 362,000,000USD, income has reached 253,000,000USD. In 2008, the income generated has reached 64,785,000USD. Currently there are 14 crews in Indonesia (2 geophysical crews, 4 logging crews, 1 commercial transportation security crew for the power station, 1 technical service crew for submersible electric pump, 2 testing crews, 2 perforating crews and 2 crews for surface metering). Daqing Xitela Company in Indonesia has passed the certification of ISO9000 Quality System, centralized finance management, and has fostered a regulated and international image; in 2008, Power Pump Company signed new contracts with total value of 11,636,000USD, and the total value of the submersible electric pumps in Indonesia reached 120,000,000USD.
Market in Kazakhstan: Kazakhstan is the most potential overseas market that Daqing Oilfield has found. Major services are drilling, cementation, borehole log, logging, well testing, composite perforation, water injection program design, polymer flooding of EOR, surface engineering design and construction as well as sales for submersible electric pumps and screw pumps etc. By the end of 2008, the company had signed contracts with total value of 168,000,000 USD, the accumulated income reached 155,000,000 USD, among which income in 2008 has reached 46,366,000 USD. Currently there are 10 crews (6 logging crews, 1 perforation crew, 1 infrastructure crew, 1 technical service crew for submersible electric pump) in Kazakhstan. As a result of the outstanding technical competence and continuous efforts, the cementation crew in Kazakhstan conquered a series of difficulties such as high pressure, leak offs in the North Buzachi oilfield, the crew employed a unique cementation method and then successfully won the bid during the competition against some traditional and famous companies such as Halliburton and Schlumberger. The crew also gained a good reputation and favorable comments from customers and found its place in Kazakhstan. Pilot test for polymer flooding projects has been successfully carried out in overseas markets and this has greatly enhanced the international competence of Daqing Oilfield in EOR.
Market in Mongolia: In 2005, Daqing Oilfield Limited Company successfully purchased 94.443% of the stock of block 19, 21, and 22 in Tamsag area of Mongolia from British SOSO International Company. The success in the purchase of SOSO’s stock has effectively realized the resource transformation, completed the historical transformation from technical services to exploration market. Currently, Daqing Oilfield in Mongolia mainly engages in drilling, logging, testing, oil testing, crack, a comprehensive program design for oilfield exploration, surface engineering design and construction as well as production marketing and other integration services. By the end of 2008, the company has signed contracts with a total value of 510,000,000 USD, income has reached 520,000,000 USD, among which the income in 2008 has reached 120,000,000 USD. Currently there are 39 crews (9 drilling crews, 3 cementation crews, 4 logging crews, 16 borehole log crews, 6 testing crews and 1 equipment manufacturing crew) in Mongolia. Up to May 2008, 105 wells had been drilled and completed, among which, 65 are development wells, 3D seismic work covers 3800km2, 2D seismic work covers km2, total oil output reached 2,270,000 tons. In 2008, the annual oil output reached 120,000 tons and the substitution for resources in Daqing Oilfield was realized．
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