Luohe Litong Hydraulic Technology Co., Ltd.

The NEFTEGAZ exhibition is hosted by EXPOCENTER in Russia. The Russian Ministry of Energy has regarded NEFTEGAZ as the most important exhibition in the industry, a catalyst for promoting the development and innovation of the fuel and new energy fields. The exhibition has passed the two-factor authentication of UFI (International Exhibition Association) and RUEF (Russian Exhibition Federation), and is the largest and most influential oil, gas and petrochemical equipment exhibition in Russia and the Far East. On April 24th, the 22nd Russia International Oil and Gas Exhibition was grandly held at the Moscow International Exhibition Center, Russia. The exhibition lasted for four days (from April 24th to April 27th), and Liton Technology sincerely invited everyone to visit the booth (booth number 21B72) to share the industry event. On March 27, 2023, the China Petroleum Economic and Technological Research Institute released the "2022 Domestic and Foreign Oil and Gas Industry Development Report", which showed that from the perspective of Russia's oil sea freight export flow, the current market is still dominated by the Asia Europe market. At the same time, the Russia-Ukraine conflict and the large-scale construction of large oil and gas projects in Russia, as well as the maintenance and regular updating of the production equipment being used, create an excellent opportunity for Chinese oil, gas and petrochemical equipment manufacturers to export to the Russian market; Domestic petroleum industry insiders point out that the level and technology of China's petroleum equipment are adapted to the Russian market, and the trade prospects for entering the Russian market and steadily expanding market share are very broad. This exhibition gathers numerous equipment suppliers and attracts professional buyers from various oil producing countries. At the same time, a large-scale development conference in the oil and gas field will be held, bringing more opportunities to global merchants, especially suppliers in Asia. In order to make efforts to break through the key technologies of oil and gas exploration and development, help global oil enterprises to increase the development of unconventional oil and gas resources, and achieve the goal of increasing production and efficiency of oil enterprises, Litong Technology vigorously promotes the intelligent manufacturing of rubber hoses for oil and gas field exploitation. It has passed the API product certification of the American Petroleum Association, the ABS type certification of the American Bureau of Shipping, the DNV type certification of the Det Norske Veritas, the Russian GOST certification, and the Lloyd's fire protection certification Qualitative breakthroughs have been made in the fields of BOP well control, high-pressure refractory throttling, and well killing fluid transmission. At this exhibition, based on the different working conditions and pressure performance requirements during the exploitation of offshore and onshore oil and gas fields, Litong Technology customized differentiated solutions, bringing its independently developed technological achievements - acid fracturing, sand fracturing, hydraulic fracturing solutions in completion operations (LT301F ultra wear-resistant acid fracturing hose), high-pressure fire-resistant throttling and well killing solutions (LT302 API 16C throttling and well killing hose), The well control solution (LT303 BOP well control hose) and cementing construction solution (LT301C high-pressure mud hose) have made a strong debut, comprehensively showcasing the rich product spectrum and comprehensive solutions of Litong Technology in the field of oil drilling, production and transportation. Among them, the high value-added products represented by the LT301F ultra wear-resistant acid fracturing hose assembly (which is equipped with fracturing trucks and other equipment used for shale oil and gas extraction) have successfully made their mark in the market, making Litong Technology's brand image of innovation, change, and self breakthrough deeply rooted in people's hearts and highly praised by foreign professional exhibitors. At present, the world's energy transformation has reached a turning point from quantitative change to qualitative change. As a leading enterprise in the manufacturing of equipment hoses and fluid technology services in China's oil and gas industry, Litong Technology will continue to be committed to product research and development innovation, iterative upgrading, and assisting in the improvement of the "intelligent" and innovative efficiency capabilities of the global petroleum and petrochemical equipment manufacturing industry. Welcome global merchants to visit Litong Technology Booth 21B72 for communication and negotiation. Let's discuss new trends in the development of the oil, gas, and energy industries and share new opportunities for market development.

Recently, the International Energy Agency (IEA) released its first monthly oil report for 2023. The report states that global oil demand is expected to reach a historic high in 2023. At the same time, as the world gradually moves out of the haze of the epidemic, and against the background of the energy crisis caused by the Russia-Ukraine conflict, ensuring energy security has become a top priority for all countries. The combination of the above factors directly promotes the sustained recovery of upstream oil and gas exploration activities and a significant rebound in global oil and gas production expenditures. With the advancement of technology, the deep sea has increasingly become a global hotspot for oil and gas exploration and development. According to the report, among the 101 newly discovered large-scale oil and gas fields in the past decade, the number of deepwater oil and gas fields accounts for 67% and the reserves account for 68%. In the past decade, China's offshore oil and gas exploration has also made historic breakthroughs. Promoting the increase of oil and gas storage and production is a strategic choice for China to ensure national energy security. In 2023, China will further increase its efforts in offshore oil and gas exploration and development, focus on finding large and medium-sized oil and gas fields, strengthen production capacity construction, and fully promote the increase of offshore oil and gas storage and production. China's offshore oil and gas production will continue to increase, expected to exceed the 60 million ton mark, and continue to maintain its leading position in the increase of national oil production, The production of marine natural gas will exceed 23 billion cubic meters. In order to focus on breaking through key technologies in oil and gas exploration and development, assist oil companies in increasing the development of unconventional oil and gas resources, and achieve the goal of increasing oil and gas production and efficiency in China, Litong Technology, as a solution service enterprise for oil and gas exploration and development pipeline systems, is well aware of the urgent need for independent research on key technologies in deep-sea oil and gas extraction equipment. Guided by the operational requirements of offshore oil and gas exploration sites, Litong Technology focuses on the high reliability, low operating costs, and green environmental requirements of offshore oil and gas exploration pipelines. We adhere to product originality and positive research and development, and change lanes to create high-performance products and materials. By adjusting material ratios and optimizing process technology, we vigorously promote the intelligent manufacturing of rubber hoses for offshore oil and gas exploration, and address the high pressure, corrosion, and Significant breakthroughs have been made in key areas such as fracturing stimulation, BOP well control, high-pressure refractory throttling, well killing fluid transportation, high-pressure mud transportation, and ultra-high pressure cleaning due to challenges such as wear and tear. Among them, promoting comprehensive product innovation through differentiation strategy, in 2016, Litong Technology advanced the layout of high value-added petroleum hose assemblies for unconventional oil and gas drilling development. In May 2021, Litong Technology launched ultra wear-resistant acid fracturing hoses with features such as light weight, long service life, good flexibility, and easy assembly, providing a new solution for increasing offshore oil and gas production. Among them, LT301F 3 "20000psi (138MPa) ultra wear-resistant acid fracturing hose technology and performance surpass international benchmark enterprises, leading the wind vane of large-diameter oil hose pipelines, filling multiple technological gaps in China's ultra-high pressure and large-diameter acid fracturing hose field, marking another solid step towards the green, low-carbon, and intelligent transformation of China's offshore oil equipment. Meanwhile, on the basis of consolidating the research and development of oil hoses represented by acid fracturing pipelines, Litong Technology has accelerated the establishment of a market-oriented and deeply integrated technology innovation system with industry, academia, and research. The ultra-high pressure resin hoses developed and produced not only meet the reliability, stability, and safety requirements of cleaning operations in industries such as petrochemicals, natural gas, and ships, but also are widely used in the offshore oil and gas development industry for oil trees In the field of water pressure and gas tightness testing of downhole tools, fracturing manifolds, etc., with its ultra-high working pressure and 2.5 times of safety factor, it effectively escorts the job security of offshore oil exploration. The development of deep-sea oil and gas is at the right time. In 2023, Litong Technology will specialize in one industry, continue to implement the work principle of "integrity, innovation, and keeping up with the times", continue to deeply cultivate key areas of building a maritime power, vigorously participate in the research of marine oil and gas exploration equipment, improve domestic equipment manufacturing capabilities, and promote the development of China's marine oil and gas exploration and development towards higher efficiency and quality.

From May 1st to 4th, 2023, the world's largest and most professional oil and gas equipment technology exhibition, the International Offshore Oil Technology Exhibition (OTC), was held at the NRG Park Exhibition Center in Houston, USA. After three years, Liu Zhi'an, the General Manager of the Industrial Flexible Pipe Business Unit of Litong Technology, led the team to participate in the exhibition and received the attention of many new and old customers. Founded in 1969, the American International Offshore Oil Technology Exhibition (OTC) is an international grand event sponsored by the American Society of Petroleum Engineers and co organized by 12 oil related industry organizations, including the American Petroleum Association. After more than 50 years of continuously showcasing the development trends of cutting-edge technology in the oil and gas industry to the world, OTC has now become the most important professional exhibition in the fields of oil and gas exploration, extraction, production, and environmental protection worldwide. The exhibition brings together major oil companies from around the world, as well as numerous excellent domestic and foreign oil equipment suppliers and buyers from around the world. It is a well-known exhibition recognized by exhibitors and industry insiders from various countries. As an equipment hose manufacturing and fluid technology service enterprise in the Chinese oil and gas industry, Litong Technology focuses on the global demand for high reliability, low operating costs, green environmental protection, and safe production of oil and gas production pipelines. By changing the material ratio and optimizing process technology, Litong Technology addresses the problems of high pressure, corrosion, and wear that occur during the oil and gas drilling and production process. In terms of fracturing production increase, BOP well control, high pressure refractory throttling Qualitative breakthroughs have been made in the fields of hydraulic and gas tightness testing, such as well killing fluid transmission, high-pressure mud transportation, Christmas trees, downhole tools, and fracturing manifolds, empowering the sustainable and high-quality development of the global oil and gas industry. Led by breakthrough technology, we aim to create a leading brand for high-end oil drilling and production hoses. The "China Intelligent Manufacturing" represented by Litong Technology has received high praise from industry experts and new and old customers both domestically and internationally. At this exhibition, Litong Technology brought its self-developed front-end technological achievements - acid fracturing, sand fracturing, and hydraulic fracturing solutions for well completion operations (LT301F ultra wear-resistant acid fracturing hose), high-pressure fire-resistant throttling and killing solutions (LT302 API 16C throttling and killing hose), well control solutions (LT303 BOP well control hose), and cementing construction solutions (LT301C high-pressure mud hose), The LT799 ultra-high pressure resin hose, a solution for water pressure and airtightness testing in the oil drilling industry, including Christmas trees, downhole tools, and fracturing manifolds, is showcasing at the exhibition site. Among them, Litong Technology's ultra-high pressure acidizing and fracturing hoses stand out and become the C-star at the exhibition. With their characteristics of full flow, light weight, long service life, good flexibility, and easy assembly, they have conquered numerous domestic and foreign merchants. As the world's largest country in shale oil and gas extraction, the United States has a large market demand for related supporting facilities for shale oil and gas extraction. In 2021, a series of high value-added industrial hose products represented by the acid fracturing hose assembly strongly entered the US market. Litong Technology has made significant breakthroughs in the international high-end market, further demonstrating the brand charm of China's intelligent manufacturing. In order to fully enter the US market and deeply explore the related market business of shale oil drilling, fracturing, and transportation hoses in the United States, Litong Technology has established a wholly-owned company, Litong America, in the United States to further strengthen communication and cooperation with international customers, enhance the global market competitiveness of the enterprise, and promote Chinese independent brands to go global. Due to the Russia-Ukraine conflict, the global energy crisis intensified, and the overseas demand for oil pipelines represented by acid fracturing hoses continued to expand, Litong Technology also ushered in new development opportunities. Taking this exhibition as an opportunity, Litong Technology will continue to expand the global oil pipeline market with the momentum of conquering cities and territories, while consolidating its product strength, showcasing the innovative power of Chinese independent brands to the world.