YANTAI, China, Nov. 25, 2013 /PRNewswire/ -- This year, 15,000 visitors from 30 countries including Colombia, the United States, Brazil, Mexico, Venezuela, Peru, China and Canada attended the ACIPET International Petroleum Conference and Exhibition, one of the most influential events in Latin America, to inform themselves about the latest trends and innovations in the following main exhibit sectors: products, equipment, maintenance and technologies and services. Knowing that attending the ACIPET is an important way for oil & gas equipment companies to develop business in Latin America, especially in the Colombian market, Elaine Cui, vice president of China's Jereh Group, was there to further her company's focus on Columbia.
Jereh Group, a Chinese manufacturing company, makes oil and gas equipment including well drilling, completion and stimulation equipment, natural gas transportation, liquefaction and fueling equipment and EPC services, providing the most competitive turnkey solutions and integrated services for the global energy exploitation and development. Established in 1999, there are 19 subsidiary companies with 4,200 employees working globally and also an R&D center and manufacturing base in Houston and worldwide sales and service centers in CIS countries, the Middle East, Australia and South America. Jereh's large diameter trailer mounted coiled tubing unit is highly-regarded by the local CTU service company and was under the spotlight at this event. "I am surprised by Jereh's strong manufacturing and innovation capability, which can provide one stop integrated solutions from downhole tools and package units to simulation training systems," said Dr. Williams, a senior executive at a Brazilian oil company.
After establishing diplomatic relations in 1980, the China-Colombia relationship has developed smoothly. China has now become Columbia's second biggest trade partner. President Juan Manuel Santos said during his state visit to China that the cooperation between the two countries is conducive to the cooperation between the Latin America and Asia-Pacific regions and that he seeks to develop a trade agreement and boost Chinese investment in the agriculture, mining and energy sectors.
"Latin America is one of the core markets in Jereh's overseas expansion strategy," said Mrs. Elaine Cui. In 2007, Jereh's cementing unit was exported to Columbia, and is still servicing the largest well intervention and well completion company in the area. In 2013, Jereh established a cooperative partnership with PDVSA (Petroleos de Venezuela, S.A.), delivering 970 sets of cementing units, coiled tubing units, acidizing units and nitrogen pumpers in only four months.
In addition, Jereh's drilling rig and natural gas compressor are also built on innovation, and can fulfill manifold operation requirements. Jereh's skid-mounted drilling rig can achieve high derrick floor, low installation and overall lifting, for easier and faster installation. Focusing on range, Jereh always offers professional design and development for specific climates, whether tropical, temperate or even polar. For the Latin America market, Jereh's team makes high temperature resistant designs suited for tropical environments. As China's largest imported gas compressor packager, Jereh's natural gas equipment for transportation, LNG liquefaction plants and LNG/CNG fueling stations are also recognized internationally for their outstanding quality.
Jereh's well intervention and completion equipment (cementing units, CTU and fracturing units) have been widely applied in the major oil-producing countries of Latin America, covering Venezuela, Columbia, Brazil, Ecuador, Mexico, and Bolivia. And, Jereh overseas offices in these regions are also committed to carrying out more in-depth cooperation with the Latin American market.
For more information, please visit http://www.jereh.com/.
SOURCE Yantai Jereh Oilfield Services Group Co., Ltd.