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Published: 2008/5/28 Read: 1482

Sinopec news network according to the overseas media reported in June 14th, America famous mechanical and environmental protection equipment giant, the Houston based international Multi-National Corporation Ellis Chalmers Energy Corporation (Allis-Chalmers Energy) CEO Hedaya Tara said in June 13th, the company plans to enter the Persian Gulf energy market development.

Hedaya Tara said, the company in the late May and the Saudi national oil company (Saudi Aramco) executives and Saudi Arabia's national oil company officials held the first round of negotiations.

Hedaya Tara said, in order to keep the production of decades old oilfield oil production, the Persian Gulf oil producers will need to drill and drilling fluid more over the next few years.

She Yatala on USA Bloomberg News reporter said, because the Persian Gulf oilfield has entered the middle late development stage, therefore, in order to continue to maintain the current production rate in the future, mature oil fields of the Persian Gulf region will need more equipment, more and more.

According to the International Energy Agency, the kingdom of Saudi Arabia hopes to increase to 12500000 barrels of daily oil production decline after their 5% to 8480000 barrels in 2007 in 2009.

She Yatala said, he will also seek to get Iran and Iraq contract, after decades of neglect, the 2 countries need to be more advanced drill and better quality of the casing to solve their existing "oilfield severely depleted and non efficiency" problem.

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