Well Technology Company Limited (hereinafter referred to as WELLTECH) was established in 2020, located in Foshan City, Guangdong Province, a mixed ownership company jointly initiated by China Oilfield Services Co. LTD and Foshan Nanhai Zhong-nan Machinery Co.,LTD. The company is composed of: China Oilfield Services Co.LTD.(40%), Foshan Nanhai Zhongnan Machinery Co.LTD.(33%), Foshan Nanhai Yingtian Investment Co.LTD.(18%), Foshan Industrial Development Investment Fund Co,LTD.(9%). WELLTECH is the first digital intelligent production line of the “Xuanji” system(rotary steerable drilling and-logging while drilling technology) independently developed by CNOOC.
WELLTECH has been taking the responsibility of industrialization of high-tech products,promoting the R&D, manufacturing, and operation and maintenance system ofhigh-quality, large-scale independent technology products,improving manufacturing processing capacity and industrial incubation capacity,removing capacity bottlenecks,accelerating the improvement of scientific research and industrialization output efficiency, with "innovation-driven,quality leading" as the core competitiveness,forging a China-first,world-famous" high-end marine engineering equipment one-stop service provider.
Website:https://www.zhwt.com.cn