企业动态

HXBS & Xinjiang Juneng Forge Strategic Alliance in Artificial Lift Solutions for Heavy Oil Recovery

Published: Apr 10, 2025

Amidst the wave of innovation in petroleum equipment technology, HXBS Technology Co., Ltd. and Xinjiang Juneng Petroleum Equipment Remanufacturing Co., Ltd. have officially signed a strategic cooperation agreement. This collaboration focuses on the field of artificial lift solutions. Through exclusive technology licensing and resource integration, the companies will jointly utilize an IntelliCPCP system suitable for (ultra-)heavy oil extraction scenarios.

During the agreement signing ceremony attended by representatives from both parties, leaders present witnessed this strategic cooperation milestone.

The collaborative plaque with Tsinghua University, API certification, and innovation awards displayed by Juneng Company demonstrate its technical strength in the artificial lift equipment sector:

Strategic Signing: Ten Million Yuan Order Advances Intelligent Upgrade of Artificial Lift Systems
Xinjiang Juneng Petroleum Equipment Remanufacturing Co., Ltd. will purchase IntelliCPCP systems with a total value of 49.8 million yuan. This artificial lift PCP equipment integrates intelligent control technology, capable of increasing oilfield extraction efficiency by 30%, and is particularly suitable for complex operating conditions in heavy crude oil lifting.

Technology Synergy Builds an Artificial Lift Solutions Ecosystem

  • Technology Complementarity: HXBS provides full-lifecycle services for IntelliCPCP, while Xinjiang Juneng contributes heavy oil viscosity reduction technology. Together, they will create an integrated "Artificial Lift System + Process" solution.

  • Resource Sharing: A 5-year strategic cooperation period is established to jointly build a market network and intellectual property protection mechanism.

  • Risk Management: A cooperation safeguard mechanism is set up to ensure sustainable project operation. This collaboration marks the successful practice of HXBS's "Certified Technology + Intelligent Products + Strategic Ecosystem" model in the artificial lift systems domain, continuously driving the intelligence and sustainable development of petroleum extraction.