Recon Technology Secures RMB 9.6 Million Oilfield Project for Digital Integration
In a notable achievement for the oil and gas sector, Recon Technology, Ltd. announced its victory in securing a significant project valued at approximately RMB 9.6 million (around US$1.33 million) from a leading domestic oil and gas operator. The award comes as part of an ongoing commitment by Recon to enhance the digitalization and automation of oilfield operations across China. This specific project focuses on integrating a production informatization system, a crucial component in the modern digital oilfield landscape.
The contract will see Recon's affiliated entity, Nanjing Recon Technology Co., Ltd., complete multiple segments of the project, with the timeline set to align with the client's operational progress. The completion of construction and final acceptance of the project is anticipated no later than July 2028. This timeline reflects the strategic nature of the project and highlights the trust the operator has in Recon's expertise.
In recent years, Recon Technology has firmly established itself as a key player in the oilfield digitalization arena. The company has consistently refined its technical solutions and project management systems, enabling it to deliver comprehensive services across various sectors of oil and gas operations. Recon’s capabilities span production informatization system integration, intelligent station construction, and industrial IoT deployment, underscoring its commitment to advancing the efficiency and sustainability of oilfield operations.
The company’s growing presence in this sector is evidenced by its mature service offerings, which have garnered respect and recognition in China's core oil and gas markets. Winning this competitive tender against well-established industry players is a testament to Recon’s years of experience and technical proficiency.
Mr. Shenping Yin, the CEO of Recon Technology, expressed his gratitude for the award, stating, "We are very honored to stand out among multiple leading industry players and be selected as the technical service provider for this key production informatization construction project." He also emphasized the importance of this contract in validating the company’s technical capabilities and commitment to quality service delivery.
As the oil and gas industry in China undergoes a transformative digital and intelligent shift, the demand for integrated information system solutions is expected to rise. Recon aims to respond to this demand by dedicating its professional resources to ensure reliable and high-quality services that facilitate the safe and efficient operation of its clients' production facilities. This project is not just a contract secured, but signifies Recon's strategic expansion in the domestic oil and gas sector.
Recon Technology is recognized as the first NASDAQ-listed non-state-owned oil and gas field service company in China, supplying advanced automated technologies to some of the country’s largest oil exploration companies. The company has emerged as a leader in multiple niche markets within the oil and gas service industry, indicative of its robust relationships with major clients and dedication to innovation.
The success of this project is expected to bolster Recon’s growth trajectory, positioning it favorably to seize further opportunities within the rapidly evolving oilfield informatization sector. With a forward-looking approach, Recon aims to significantly impact the digital transformation trends within the industry, ensuring the delivery of innovative solutions that meet the changing demands of oil and gas operations moving forward.
The contract will see Recon's affiliated entity, Nanjing Recon Technology Co., Ltd., complete multiple segments of the project, with the timeline set to align with the client's operational progress. The completion of construction and final acceptance of the project is anticipated no later than July 2028. This timeline reflects the strategic nature of the project and highlights the trust the operator has in Recon's expertise.
In recent years, Recon Technology has firmly established itself as a key player in the oilfield digitalization arena. The company has consistently refined its technical solutions and project management systems, enabling it to deliver comprehensive services across various sectors of oil and gas operations. Recon’s capabilities span production informatization system integration, intelligent station construction, and industrial IoT deployment, underscoring its commitment to advancing the efficiency and sustainability of oilfield operations.
The company’s growing presence in this sector is evidenced by its mature service offerings, which have garnered respect and recognition in China's core oil and gas markets. Winning this competitive tender against well-established industry players is a testament to Recon’s years of experience and technical proficiency.
Mr. Shenping Yin, the CEO of Recon Technology, expressed his gratitude for the award, stating, "We are very honored to stand out among multiple leading industry players and be selected as the technical service provider for this key production informatization construction project." He also emphasized the importance of this contract in validating the company’s technical capabilities and commitment to quality service delivery.
As the oil and gas industry in China undergoes a transformative digital and intelligent shift, the demand for integrated information system solutions is expected to rise. Recon aims to respond to this demand by dedicating its professional resources to ensure reliable and high-quality services that facilitate the safe and efficient operation of its clients' production facilities. This project is not just a contract secured, but signifies Recon's strategic expansion in the domestic oil and gas sector.
Recon Technology is recognized as the first NASDAQ-listed non-state-owned oil and gas field service company in China, supplying advanced automated technologies to some of the country’s largest oil exploration companies. The company has emerged as a leader in multiple niche markets within the oil and gas service industry, indicative of its robust relationships with major clients and dedication to innovation.
The success of this project is expected to bolster Recon’s growth trajectory, positioning it favorably to seize further opportunities within the rapidly evolving oilfield informatization sector. With a forward-looking approach, Recon aims to significantly impact the digital transformation trends within the industry, ensuring the delivery of innovative solutions that meet the changing demands of oil and gas operations moving forward.
Topics Energy）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.