HONG KONG, May 19, 2015 /PRNewswire/ -- Anton Oilfield
Services Group ("Antonoil" or the "Group",
HKEx stock code: 3337), the leading independent oilfield services
provider in China, is pleased to
announce that the Group has signed the contract today for providing
technical services, including cementing and drilling fluid
services, for a project of a Chinese non-SOE investor in
Ethiopia at a contract value
totaling approximately RMB200 million
for an effective period of 2 years, among which RMB130 million of cementing services, and
RMB70 million of drilling fluid
services. The project is expected to commence operation in the
second half of 2015, and shall be completed in two years.
The signing of this contract signifies Antonoil's efforts to
establish strategic cooperation with Chinese non-SOE investors in
overseas markets. The Group's drilling services have expanded
further into new overseas markets, which will provide new impetus
for its growth.
About Anton Oilfield Services Group
Anton Oilfield Services Group (HKEx stock code: 3337) is a
leading independent integrated oilfield services provider. The
Group provides products and services for the entire process of oil
and gas development and production, including reservoir management,
drilling technology, well completion, down-hole operations, oil
production as well as tubular service. With its comprehensive
product lines and integrated service capacity, the Group is
empowered to help oil companies solve their challenges in
increasing production, improving drilling efficiency, lowering
costs and optimizing waste management. Its fast growth benefits
from the accelerating development of natural gas in China and the Group's increased presence in
overseas markets. The Group's strategic objective is to become a
leading global oilfield services provider with a solid foothold in
China.
The Group is headquartered in Beijing and has established an international
network across China and overseas
markets. In China, its markets
cover the Tarim area, Erdos area, Southwest area and other areas of
China, whereas, its overseas
markets include Iraq and other
Middle East market, Central Asia and Africa market and the Americas market. Anton
Oilfield is the best independent Chinese oilfield services partner,
the best Chinese partner worldwide.
For media enquiries, please contact
Hill+Knowlton
Strategies
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Elisa Fong
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Ka Wai Li
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Direct:
+852-2894-6224
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Direct:
+852-2894-6252
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E-mail:
elisa.fong@hkstrategies.com
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E-mail:
kawai.li@hkstrategies.com
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SOURCE Anton Oilfield Services Group