The company was founded in 1992.
The company passed the ISO9001 quality system certification of Det Norske Veritas (DNV) in 1999, the oilfield downhole tools passed the American (API) 11D1 certification in 2005, and the TPD600 triplex plunger pump passed the one-million-times connecting rod maximal load test, and obtained the American Bureau of Shipping (ABS) type certification.
September 28, 2008, held in Wuhan, sponsored by the Hubei Provincial People's Government to celebrate the 59th anniversary of the founding of the People's Republic of China, the provincial leadership comrades on behalf of the Provincial People's Government announced the "decision on the granting of the 2008 Hubei Province, outstanding foreign experts, "Chime Award". Ten foreign experts who have been working in China for a long time were awarded this prize, among which Mr. Bill Ladd, General Manager of Siji Saiwa Drilling Equipment Co. Mr. Bill Ladd, General Manager of SAMSEA Drilling Equipment Co.
On September 13, 2010, the State Administration of Foreign Experts Affairs (SAFE) made a decision to award the 2010 National Friendship Prize to Bill Ladd, an American expert of the Siji Saiwa Oil Drilling Equipment Co. According to the relevant regulations of the State Administration of Foreign Experts Affairs, after the evaluation by the Evaluation Committee of "Friendship Award" and submitted to the State Council for approval, 50 foreign experts were awarded the "Friendship Award" in 2010. The "Friendship Award" is the highest award granted by the Chinese government to foreign experts.