According to Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group), on November 30 the company signed a contract with the Inner Mongolia Oil Division of Zhongyuan Oilfield Branck of Chinese state-run
China Petroleum and Chemical Corporation (Sinopec) to research and develop oil country
tubular goods (OCTG) for the Sinopec oil exploitation project in Wulatezhongqi, Inner Mongolia.
Baogang will accordingly research, develop and supply BT100H grade OCTG for thermal
production oil wells for the Wulatezhongqi project.
As SteelOrbis previously reported, Baogang recently delivered J55 OCTG products to Shanxi Yanchang Petroleum.
Meanwhile, Baogang Group has also announced that it has completed successful trial
production for 159 mm oil country
tubular goods (OCTG) with upset ends. The designed annual output capacity of this product is 40,000 mt.