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Drilling number
Drilling number
  • International
  • Canada
  • US
  • 911

    Daily drilling / station

  • 194

    Daily drilling / station

  • 784

    Daily drilling / station

Crude oil prices
Crude oil prices
  • US crude oil
  • Brent
  • Latest price (USD / barrel): 78.78

    Highest:78.81 Lowest:76.22

  • Latest price (USD / barrel): 84.85

    Highest:85.34 Lowest:84

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ABOUT NOE

About us

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Company Profile

Neway Oil Equipment is part of the Neway Group(SSE 603699) and was established in the year 2007 to cater to the upstream drilling and exploration market, manufacture and deliver highly reliable high pressure valves, wellhead equipment, Christmas trees, manifolds and other upstream petroleum equipment according to API 6A、API 16A、API16C, for the most demanding oilfield applications. Currently NOE has developed full range of API 6A、API 16A、API16C products along with carrying certifications pertaining to ISO 9001, ISO14000, OHSAS18001, API17D and TS 2710N10-2013, CE-PED qualification. Our Focus and R&D with field services and end user clients have helped us continuously improve and hold PR2 certification issued by CA’s like DNV, ABS & Lloyds. Our qualified distributors are devoted to offer valuable services for end users all over the world.

NOE has developed and implemented a group management system based on multi-plant manufacturing. Valves, wellhead equipment, Christmas trees, manifolds and other upstream petroleum equipment are manufactured mainly in our specialized production facility in China with assembly plant in Mexico. Our engineering department and manufacturing facilities are linked via intranet allowing remote control of the computerized machining centers and integrating our warehouse bar coding program. Our own foundries can meet our casting product requirement and our own forging facility is coming on board soon.

At NOE we are committed to inspiring excellence in our quality and reliability. We strive for defect-free products and services that meet the expressed and implied requirements of our customers. It is everyone’s responsibility to continually improve our methods, documentation and controls with the goal of getting it right the first time. Our Quality Policy is Continuous improve, pursues Zero Defect. HSE (Health, Safety and Environment) Policy is Continuous meliorate, pursues Zero Injury.

Integrity, Respect, Collaboration, Innovation is our commitment to our customer.