Beijing BHD Petroleum Technology Co. Ltd., a subsidiary of oilfield service provider Recon Technology Ltd.,will provide two heat exchanger units to PetroChina’s Jilin oil field and two furnaces to PetroChina’s Huabei oil field, Recon said Feb. 2.
The orders total about US$0.3 million, or 2.1 renminbi. The scheduled delivery dates are March 15 and Feb. 29, respectively.
Both orders are part of PetroChina's furnace procurement program that BHD bid on, and the aggregate order value under the program now totals about US$0.8 million, or more than 5.3 million renminbi.
Shenping Yin, chairman and CEO of Recon, said that the company plans to receive more follow-on orders as part of the program.
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