qanbadragon| CICC: Electric drive replaces diesel drive or will become an irreversible trend in the oil service equipment industry

News summary

[CICC: Electric drive replaces diesel drive or will become an irreversible trend in the oil service equipment industry] Securities Times e Company NewsqanbadragonCICC's research report on manufacturing going abroad believes that domestic demand for shale gas and shale oil development is strong, and North American fracturing equipment may have entered a large-scale renewal cycle, with electric-driven fracturingqanbadragon.qanbadragon..

Newsletter text

[China International Capital Corporation: Electric drive replaces diesel drive or will become an irreversible trend in the oil service equipment industry] Securities Times e Company News, China International Capital Corporation's research report on manufacturing industry overseas believes that domestic demand for shale gas and shale oil development is strong, and North America Fracturing equipment may have entered a large-scale update cycle. The economics of electric drive fracturing is significantly better than that of diesel drive, and the logic of market-based replacement is clear. The replacement of diesel drive by electric drive may become irreversible in the oil service equipment industry in the next few yearsqanbadragonWith the trend, Chinese equipment manufacturers have a global leading advantage in the field of electric drive fracturing and may be the first to benefit. It is estimated that in 2023, the penetration rates of electric drive in China and North America will be 37% and less than 10% respectively.

Tags:

Prev: arcadecity| Thirteen minority shareholders proposed to transfer Ning Communications B financing, but the board of directors would not submit it to the shareholders 'meeting for review.
Next: thechoiceisyoursmegaways| Qiaqia Food: In the future, we will further deepen the Southeast Asian market and make key breakthroughs in the Indonesian market