Honghua Group wins 1.5 billion yuan AI drilling rig order from Middle East

Honghua Group, a subsidiary of Dongfang Electric Corporation, signed a contract with a Middle Eastern customer to supply several new AI-powered drilling rigs for installation on artificial islands in Abu Dhabi, with a total value of 1.5 billion yuan.

“With a 'smart brain', the drilling and tripping efficiency of the rig has increased by more than 10%.”sc.people.com.cn

• 1 source
• sc.people.com.cn四川高端石油智能钻机斩获15亿元中东大单L_104142Jul 20, 2024

Summarized from public sources; check the original articles before acting on it.