# Honghua Group secures $310.8 million in drilling rig contracts from Middle Eastern clients

Honghua Group secured two contracts worth a total of $310.8 million from two Middle Eastern clients: a $100 million contract with an oilfield service enterprise for desert fast-moving drilling rigs, and a deal exceeding $210.8 million with an oil enterprise for AI-enabled island cluster drilling rigs.

- Type: Contract
- Announced: 2025-09-23
- Where: Middle East
- Value: $310.8M
- Status: announced
- Products: drilling rigs, desert fast-moving automated drilling units, AI-enabled island cluster drilling rigs
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Honghua Group](https://endata.com/companies/18239.md)

## Sources

- [rigzone.com](https://www.rigzone.com/news/honghua_secures_310mm_contracts_in_middle_east-23-sep-2025-181875-article/), 2025-09-23: "Honghua secured two contracts worth a total of $310.8 million from two Middle Eastern clients."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.