Moscow/April 17, 2018/This year, Jereh displayed integrated solutions and quality products covering drilling, completion, natural gas compression and treatment as well as oil and gas engineering at Neftegaz 2018 held in Moscow, which attracted a large number of customers and visitors, such as Rosneft, Gazprom, Lukoil. They were generally optimistic about the prospect of Russian market and expressed their expectation for the cooperation with Jereh in a broader and deeper level.
Jereh booth at Neftegaz2018
There are completion tools and high pressure flowline products to showcase how Jereh team guarantee the product safety and reliability. With years of growth, more than 200 sets of equipment including fracturing unit, cementing unit, nitrogen pumping unit and coiled tubing unit have been delivered to Russia, Kazakhstan, Uzbekistan and Turkmenistan and enjoyed good reputation. In addition, Jereh provided competitive solutions for oil and gas field technical services and natural gas engineering, to meet the requirements of Russian customers.
Jereh petroleum equipment work in Russia
Jereh conducted localization strategy in Russia
“Under the Belt and Road Initiative and the recovery of global oil and gas market, Jereh would speed up the business growth in Russia, which is considered as a key market in our overseas development strategy.”, said Li Zhiyong, EVP of Jereh Group, “We are confident that our equipment and technology, local operation experience and good market reputation would greatly promote our expansion in the Russian market.”
When talking about Jereh's localization strategy, Li said, “It is necessary and significant to conduct this strategy and support the local economic development. We have more than 300 local employees now, accounting for 95% of the total, and it will continue to increase. Our local team will be responsible to serve more Russian customers with safe, efficient, and environmentally friendly equipment, technology as well as integrated solutions.”