海隆石油技术服务有限公司

What 海隆石油技术服务有限公司 does

Hilong Oilfield Service Co., Ltd. (海隆石油技术服务有限公司) is a Beijing-headquartered, wholly-owned subsidiary of Hong Kong-listed Hilong Oil Industry Group and an IADC member company that provides integrated onshore oilfield technical services to international and national oil companies across 11+ countries. The company operates 22 drilling and workover rigs deployed in China, Malaysia, Brazil, Brunei, Pakistan, Oman, the UAE, Iraq, Ecuador, Libya, and Nigeria, serving anchor clients including Shell, BP, PDO, ENI, NAOC, COSL, PETRA, OGDCL, PPL, POL, Andes Petroleum, PEC, PETROBELL, BECL/ROO, EBS, KEIL, and SLB. Services span five integrated lines: (1) comprehensive drilling and workover (including 3000HP VFD and 2000HP automated rigs, MPD, directional/horizontal drilling, cementing, completion and testing, coiled tubing, and casing running); (2) oilfield development integrated services covering reservoir engineering, heavy oil development, and oilfield chemicals; (3) oilfield environmental protection including solids control, oil-based and water-based mud cuttings treatment with proprietary thermal desorption (<0.5% residual oil), produced water treatment, and well site restoration; (4) digital and intelligent oilfield solutions including digital twin station management; and (5) global OCTG and drilling tools supply chain management with JIT delivery.

The business is anchored by proprietary technology assets that differentiate the offering: the BoTn hardbanding weld wire series (BoTn-1000 extends drill pipe joint life 300%+ and reduces casing wear to 12% of bare pipe; BoTn-5000 ranked #1 in third-party testing among 13 materials), the 2D Smart Nanocard EOR technology (150% production increase in overseas trials, 16.4% average EOR improvement), and a diverting fracturing technology with 80%+ success rate. The company has demonstrated technical performance records including completion of a HPHT well in Nigeria 56 days ahead of schedule (176 days vs. 232-day design), the fastest new well delivery in Oman at 55.8 days, and 5 consecutive years of zero lost-time incidents on a single rig.

Revenue is generated primarily through project-based and turnkey drilling contracts, day-rate rig services, professional technical service fees, environmental service fees, and OCTG trade margins. Pricing is negotiated on a per-project basis with major oil companies and is not publicly disclosed. The go-to-market is direct field sales through 12 country-level wholly-owned subsidiaries, with no third-party resellers given the equipment-intensive nature of the services. The company's growth is tied to IOC and NOC capex cycles in oil-producing regions, with new market entries in Brazil (2024) and Libya (2023) and renewed multi-year contracts in Iraq representing the most recent expansion signals.

Name

海隆石油技术服务有限公司

Legal name

HI LONG OIL SERVICE & ENGINEERING CO., LTD

Website

https://hilongoilservice.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Hilong Oilfield Service is a Beijing-based, IADC-member subsidiary of HKEX-listed Hilong Oil Industry Group that operates 22 onshore drilling and workover rigs across 11+ countries, delivering integrated drilling, workover, environmental, and supply chain services to international and national oil companies including Shell, BP, PDO, and ENI.

Ownership category

akta.pro rank

Product category

Oilfield Services (Onshore Drilling & Workover)

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Mining (2131), Mining and Oil and Gas Field Machinery Manufacturing (33313), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industries

Drilling & Workover Rigs (Land & Offshore) (EUALABAA), Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD)

Keywords

• Onshore drilling services
• Workover rig operations
• Oilfield engineering services
• Directional drilling services
• Oil country tubular goods

Headquarters

HQ city

Beijing (朝阳区)

HQ country

China

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. 陆上钻（修）井作业服务: Providing onshore drilling and workover rig services to international oil companies. Operates 22 drilling and workover rigs globally. Revenue generated through day rates and turnkey contracts.
2. 石油工程技术服务: Technical services including directional drilling, cementing, MPD, completion and testing, coiled tubing, well completion fluids, solid control, and oilfield chemicals. Provided as integrated or standalone services.
3. 石油管材及装备进出口贸易: Export and trade of oil casing, tubing, line pipes, drilling tools, and petroleum equipment. Includes OCTG JIT model services.
4. 油田开发一体化总包服务: Integrated oilfield development management including reservoir engineering, production management, procurement, logistics, HSE, digital oilfield and intelligent oilfield services
5. 油田环保服务: Environmental protection services including solid control, drilling mud treatment, oily sludge treatment, produced water treatment, fracturing fluid recycling, and well site restoration

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Hilong Oil Service provides onshore drilling and workover rig services, integrated oilfield engineering technical services (directional/horizontal drilling, MPD, cementing, completion and testing, coiled tubing, drilling fluids, casing running, and tooling), oilfield development and reservoir management services, oilfield environmental protection (solids control, mud cuttings treatment, produced water treatment, land restoration), digital/smart oilfield solutions, and global OCTG/equipment supply chain services. The company operates 22 drilling and workover rigs across 11+ countries, serving international and national oil companies through wholly-owned country subsidiaries.

Product overview

Hilong Oil Service provides an integrated portfolio of oilfield technical services and equipment as a single unified offering. The core portfolio encompasses five major service areas: (1) Comprehensive Integrated Technical Services including drilling rigs, drilling fluids, MPD, cementing, directional drilling, completion/testing, coiled tubing, and tooling; (2) Oilfield Development Integrated Services covering reservoir engineering, heavy oil development, specialty technologies, and chemicals; (3) Oilfield Environmental Protection including solids control, mud cutting treatment, water treatment, EPC tank/pipeline services, and land restoration; (4) Intelligent Drilling solutions for digital and smart oilfield operations; and (5) Global Supply Chain Management for OCTG, line pipe, and drilling tools. The company operates globally with branch offices in Malaysia, Brazil, Brunei, Pakistan, Oman, UAE, Iraq, Ecuador, Libya, and Nigeria.

Differentiator

Problem solved

Functional benefit

Brands

• 博腾 (BoTn) Series: Hardbanding products using proprietary BoTn series welding wires for drill pipe protection, featuring excellent wear resistance and friction reduction properties.

Products and services

• Comprehensive Integrated Technical and Turnkey Services (综合技术一体化及总包服务)
• Oilfield Development Integrated Services (油田开发一体化服务)
• Oilfield Environmental Protection (油田环保)
• Intelligent Drilling Solutions (钻井智能化)
• Global Supply Chain Management (全球供应链管理)

Quantifiable outcome

• 2D Smart Nanocard EOR technology achieves 150% oil production increase in overseas field trials
• +13 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators16 records

Recent moves18 records

Expansion highlights7 records

Direct peers

• China Oilfield Services Limited (COSL): China's largest integrated offshore and onshore oilfield services provider, listed on HKEX and Shanghai. Competes directly with Hilong in international drilling and oilfield technical services, and is also referenced as a customer/partner. Highly comparable land drilling, workover, and integrated oilfield services portfolio.
• Sinopec Oilfield Service Corporation: Subsidiary of Sinopec Group providing onshore and offshore drilling, workover, and integrated oilfield services both in China and internationally. Directly comparable in service mix (drilling, completion, oilfield engineering) and serves similar IOC/NOC clients across MENA, Central Asia, and Latin America.
• Greatwall Drilling Company (CNPC): CNPC's wholly-owned drilling and oilfield services arm, providing integrated drilling, workover, and oilfield engineering services internationally. Closely comparable in service portfolio, IOC/NOC customer base, and Chinese-state-backed international expansion model.
• Anton Oilfield Services Group: Hong Kong-listed Chinese OFS company focused on onshore drilling, workover, integrated oilfield management, and oilfield chemicals. Direct competitor for international drilling contracts and integrated field management bids, particularly in MENA.
• KCA Deutag: Leading international onshore and offshore drilling contractor operating hundreds of land rigs globally. Direct peer for land drilling and workover services, particularly in MENA, Africa, and Latin America — Hilong's core geographies.
• Honghua Group: China's largest land drilling rig manufacturer and operator, providing land rigs, drilling services, and oilfield equipment internationally. Comparable in onshore rig operations and the manufacturing/operating dual model for land drilling assets.

Broad incumbents

• Schlumberger (SLB): World's largest oilfield services company with full integrated offerings across drilling, completion, production, and digital. Competes broadly with Hilong's integrated service portfolio and is also referenced as a counterparty in Iraq; sets the global standard for integrated OFS contracts.
• Halliburton: Global OFS incumbent offering drilling, completion, and production services worldwide. Competes with Hilong on integrated tenders for IOC/NOC clients across MENA, Africa, and Latin America, and is several orders of magnitude larger in scale.
• Weatherford International: Global OFS company offering drilling, evaluation, completion, and production solutions. Overlaps with Hilong on drilling services, workover, completion, and oilfield chemicals, and competes on integrated tenders for NOC/IOC clients.
• Helmerich & Payne (H&P): Largest land drilling contractor in the U.S. with a globally significant FlexRig fleet. Comparable in land drilling rig operating model and rig-spec focus (high-horsepower automated rigs like Hilong's HL-58/HL-59); competes internationally for land rig contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/%E6%B5%B7%E9%9A%86%E7%9F%B3%E6%B2%B9%E6%8A%80%E6%9C%AF%E6%9C%8D%E5%8A%A1%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 海隆石油技术服务有限公司