![In 2023, marine oil and gas production will continue to innovate, and Gaolitong Technology will continue to deepen its efforts in key areas of building a maritime power](https://www.hosefits.com/wp-content/uploads/2023/05/2919ea422171bc6b1f04174c2de42e6-300x207.png)
In 2023, marine oil and gas production will continue to innovate, and Gaolitong Technology will continue to deepen its efforts in key areas of building a maritime power
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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.