Being the power generation solution provider for oil and gas industry, HIMOINSA has participated in the 2019 China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE).The exhibition has been taken place from 27-29 March with nearly 1800 exhibitors from 65 countries, attracted more than 120,000 visitors including experts, professionals, consultants, buyers, etc.
It is estimated that the global generator set market for the Oil & Gas sector will be worth $2.03 billion in 2020, with China, Latin America and the Middle East being the main growth areas.The oil and gas industry breaks down into three main sectors: Upstream, Midstream and Downstream.Upstream also known as the exploration and production sector, this sector focuses on searching for potential crude oil and natural gas fields, both underground and under the sea, drilling exploratory wells and subsequently drilling and operating wells to bring crude oil and natural gas to the surface. Midstream includes the transport, storage and wholesale distribution of crude and refined oil products. Downstream focuses on refining crude oil, processing and purifying natural gas and marketing and distributing crude oil and natural gas products, deals directly with consumers.
HIMOINSA has provided power generation in major projects in all three sectors, incorporating the comprehensive technical developments required for different applications.