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Radar · Oil & Gas Equipment in China

Best Oil & Gas Equipment Companies in China

The 86 best Oil & Gas Equipment companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Recon.

86companies tracked
$78Mdisclosed funding
0unicorns
5have raised
FLIAR INTELLIGENCE · OIL & GAS EQUIPMENT × CHINA

Our analysis of 50 Oil & Gas Equipment companies

$4.8b in tracked funding; 62% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2012.

50companies analysed
62%cloud-native stacks
2012funding peak (by rounds)
2008median founding year
41median Fliar Index™

Ranked: Best Oil & Gas Equipment companies in China

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Recon
Provider of integrated energy solutions for oil fields and other sectors
55Growth top 5%News top 31%Funding top 43%Market bottom 44%
All 6 signals ▾
Growthtop 5%
Newstop 31%
Fundingtop 43%
Marketbottom 44%
Fin. healthbottom 32%
Globalbottom 30%
News: 7 BI events in 12 mo (of 75 tracked, 10 types) · +133% YoY
rank vs industry peers · Fliar Intelligence Index 55/100
$74M39 mo agoPublic—2003———
2Yilong Hengye
Oil well drilling services provider
$4M96 mo agoSeed—2005———
3Beijing JJJ Technology
Provider of drilling equipment and solutions for the oil and gas industry
—29 mo agoSeries ELi Xuejun
Founder
2009———
4SANY Group
Manufacturer of construction & mining equipment, port, and oil drilling machinery
—41 mo agoSeries ADeepak Garg
Managing Director
1989Node.jsRadix UITailwind CSS+1925 patents
Heavy-duty construction material handling equipment: reach stackers, forklifts, cranes, and stacking systems.
—
5Yueneng Holdings
Investment management business for energy projects
—138 mo agoLate StageZheng Xiaobin
Chairman & CEO
1997———
6Anhui Tianda Petroleum Pipe
Manufacturer of piping solutions for oil & gas industries
——AcquiredZhang Huming
CEO
1993———
7Anqing Bailian Oil Free Compressor
Manufacture of oil-free gas compressor system solutions intended to cater the needs of petrochemical industry…
——Private—1995NginxAmazon Web ServicesWhatsApp Business Chat+5——
8Autower
Developer and manufacturer of hazardous chemical storage and transportation equipment designed to store…
——Private—2003———

Top 5 Oil & Gas Equipment companies in China

#1
Public · Chaoyang, Liaoning Sheng · founded 2003 · 188 employees
$73.6Mraised
▾

Provider of integrated energy solutions for oil fields and other sectors. This includes photovoltaic power generation, energy storage, fast charging stations, microgrids, and comprehensive energy management systems. Solutions are tailored for oil field operations, incorporating both above-ground and underground technologies. They also offer distributed energy solutions for various applications, such as administrative buildings, office complexes, residential areas, and county-level economies. The focus is on accelerating the adoption of renewable energy through integrated, one-stop upgrades.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Growth
top 5%
News
top 31%
Funding
top 43%
Market
bottom 44%
Fin. health
bottom 32%
Global
bottom 30%
News: 7 BI events in 12 mo (of 75 tracked, 10 types) · +133% YoY · Top themes: Earnings, Capital raise
Funding: Raised $73.6M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) · Last round Post IPO (Mar 2023)
Funding rounds
  • Mar 2023Post IPO$8M
  • Jun 2021Post IPO$55M
  • Nov 2020Post IPO$6.5M
  • Jun 2020Post IPO$2.1M
#2
Seed · Beijing, Beijing · founded 2005 · 44 employees
$4.4Mraised
▾

Beijing Yilong Hengye Petroleum Engineering Technology provides oil well drilling services. Offers directional drilling, well construction, open hole fracturing, perforation, cable laying, well plugging, coiled tubing, and technical services for oil production. Partners are Shell, Sinopec, Chevron, China Petroleum, Schlumberger, and Baker Hughes.

Funding rounds
  • 2018Seed$4.4M
Investors
Xi'an Tongyuan Petroleum Technology, Qiming Venture Partners
#3
Series E · Beijing, Beijing · founded 2009 · 25 employees
—raised
▾

Beijing JJC Technology Co., Ltd. is a company that specializes in the design and manufacture of original products in the hydraulic and mechanical engineering sector. They offer a range of innovative products such as smart wrenches, hydraulic power units, and automated doper & mud buckets.

Funding rounds
  • Dec 2023Series E—
  • 2023Series D—
Founders & team
Li XuejunFounderJiang YuanlinCEO
Investors
SDIC, China Venture Capital, China Merchants Capital, PetroChina Kunlun Capital
#4
Series A · Changsha, Hunan · founded 1989 · 14149 employees
—raised
▾

Manufacturer of construction & mining equipment, port, and oil drilling machinery

LinkedIn Pulse recent public activity · Jul 2026
Audience: 501k LinkedIn followers — 96.2% of this cohort's audience · 115 engagements/post (5.8× cohort median)
Funding rounds
  • Dec 2022Series A—
Founders & team
Deepak GargManaging Director
Investors
Hidden Hill Capital, China Merchants Capital, SDIC, Jiangmen Ventures, Legend Investment
Tech stack
CloudflareCloudflare Bot ManagementCore-JsElement UiFacebook PixelGoogle Analytics
#5
Late Stage · Zhengzhou, Henan · founded 1997
—raised
▾

Yueneng Holdings is an investment management business for energy projects. The company has 9 holding companies and 21 power companies. The company is based in Henan Province, China.

Funding rounds
  • Dec 2014PE—
Founders & team
Zheng XiaobinChairman & CEO
Investors
Yunyi Investment, CHC Capital

Funding & investor landscape

$78Mtotal disclosed funding
2companies funded
6disclosed rounds
0rounds last 90 days
Most active investors
China Merchants Capital2 rounds
SDIC2 rounds
ASB Ventures1 rounds
Beijing Zhongyu Green Investment Management1 rounds
BioVeda China Fund1 rounds
CHC Capital1 rounds
China Venture Capital1 rounds
FG Venture1 rounds
Fortune Capital1 rounds
Hidden Hill Capital1 rounds

Notable founders

Li Xuejun
Founder · Beijing JJJ Technology
Jiang Yuanlin
CEO · Beijing JJJ Technology
Deepak Garg
Managing Director · SANY Group
Zheng Xiaobin
Chairman & CEO · Yueneng Holdings
Prism market signals · China · country-scoped Prism corpus, 168,904 docs

Market landscape — 10 sub-themes by coverage

Share of Oil & Gas Equipment coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · China

How research on Oil & Gas Digital is moving in China

A read on the academic research around Oil & Gas Digital — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5,991 China-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 17% → 39% across 2008–2026.
top research entities
  • China University of Petroleum, Beijing1291
  • Research Institute of Petroleum Exploration and Development998
  • China University of Petroleum, East China790
  • Sinopec775
  • China National Petroleum Corporation628
leading researchers
Wanfen Pu · Huiqing Liu · Jian Zhang · Jirui Hou · Bing Wei · Yiqiang Li · Zhaomin Li · Caili Dai
▲ Breakthroughs965 · 16%
▲ 9%→21% share
▲2.3× share momentum2 median citations66% since 2021mostly methods-led
Breakthroughs are rising (9%→21% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
  • Enhanced oil recovery61→236
  • Petroleum engineering93→148
  • Reservoir simulation30→80
  • Oil shale7→52
  • Chemical engineering32→71
Newly emergingParticle swarm optimization 0→11 · Extraction (chemistry) 0→9 · Surrogate model 0→9
Landmark Adaptive and freeze-tolerant heteronetwork organohydrogels with enhanced mechanical stability over a wide temperature ra · 366 cites
◆ Advancements3,995 · 67%
▼ 70%→64% share
▼0.9× share momentum2 median citations49% since 2021mostly empirical
Advancements are cooling (70%→64% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
  • Enhanced oil recovery686→934
  • Oil shale25→197
  • Chemical engineering95→193
  • Wetting45→123
  • Hydraulic fracturing33→97
Newly emergingUnconventional oil 0→14 · Microscale chemistry 0→14 · Microfluidics 0→13
Landmark Advanced Sorbents for Oil‐Spill Cleanup: Recent Advances and Future Perspectives · 693 cites
▼ Concerns462 · 8%
▼ 8%→7% share
▼0.9× share momentum3 median citations49% since 2021mostly empirical
Concerns are cooling (8%→7% of field), led by Enhanced oil recovery.
rising sub-themes (early→recent)
  • Enhanced oil recovery76→108
  • Oil shale5→25
  • Porous medium3→18
  • Petroleum2→13
  • Permeability (electromagnetism)32→42
Newly emergingTight oil 0→14 · Imbibition 0→13 · Shale oil 0→9
Landmark Application of Nanoparticles in Enhanced Oil Recovery: A Critical Review of Recent Progress · 579 cites
RESEARCH HOTSPOTS · China

Where oil gas digital is researched across China

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Beijing1898 · +0.52
Hot · Enhanced oil recoveryAdvancing · Petroleum engineeringOpportunity · Surrogate modelConcern · Biochemical engineering
Hangzhou99 · +0.55
Hot · ReducerAdvancing · CopolymerOpportunity · Water floodingConcern · Saturation (graph theory)
Shanghai53 · +0.59
Hot · NanoparticleAdvancing · Multiphase flowOpportunity · Crude oil
Guangzhou/Shenzhen46 · +0.53
Hot · HydrateAdvancing · Clathrate hydrateOpportunity · Computer simulation
Wuhan32 · +0.60
Hot · Reservoir simulationAdvancing · Production (economics)Opportunity · Oil production
Hefei30 · +0.60
Hot · Computer simulationAdvancing · Reservoir simulationOpportunity · Geology
Nanjing17 · +0.45
Hot · Surface tensionAdvancing · Petroleum engineering
Harbin15 · +0.68
Hot · Enhanced oil recoveryAdvancing · AdsorptionOpportunity · Surface tension
PATENT SIGNAL · China

Who's filing oil gas digital patents in China

China oil gas digital patent filing is accelerating — 20 filings from 44 assignees (2017–2025), led by UNIV Tsinghua, Aramco FAR EAST Beijing Business, UNIV EAST China Science & TECH; annual filings 1→6.

20 filings44 assigneespeak 6/yr2017–2025
filing momentum (YoY 2017–2025)
top patent filers
  • UNIV Tsinghua3
  • Aramco FAR EAST Beijing Business3
  • UNIV EAST China Science & TECH3
  • Saudi Arabian OIL3
  • Zhang RUI3
  • TANG Yongchun3
  • CNPC USA3
  • LIU Jinfeng3

Common questions

How many Oil & Gas Equipment companies are there in China?
Radar tracks 86 indexable Oil & Gas Equipment companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Equipment companies in China?
The Oil & Gas Equipment companies in China on this list have raised a combined $78M in disclosed equity funding across 2 funded companies.
Which is the highest-funded Oil & Gas Equipment company in China?
Recon is the highest-funded Oil & Gas Equipment company in China, with $73.6M in disclosed equity funding.
How many Oil & Gas Equipment companies in China are funded?
2 of the 86 Oil & Gas Equipment companies in China on this list have disclosed at least one equity funding round.
How many Oil & Gas Equipment unicorns are there in China?
None of the Oil & Gas Equipment companies in China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in China Oil & Gas Equipment companies?
The most active investors in China Oil & Gas Equipment companies on this list include China Merchants Capital, SDIC, ASB Ventures, Beijing Zhongyu Green Investment Management, BioVeda China Fund.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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