Jereh Successful in Bid to Provide Compressor Packages for CNOOC Offshore Projects

  Jereh Successful in Bid to Provide Compressor Packages for CNOOC Offshore
                                   Projects

  PR Newswire

  YANTAI, China, May 1, 2014

YANTAI, China, May 1, 2014 /PRNewswire/ -- Jereh Group (SZ 002353), a
world-leading oil and gas equipment manufacturer and engineering services
provider, announced that it successfully won the bid to provide CNOOC (NYSE:
CEO), the largest producer of offshore crude oil and natural gas in China and
one of the largest independent oil and gas exploration and production
companies in the world,withcompressor packages for its offshore projects.

A total of Jereh's six compressor packages, each two under high, medium and
low pressure conditions, will be used in CNOOC offshore projects. Compared
with onshore equipment, offshore equipment has higher requirements for more
integrated systems, more complex structures, greater equipment density and
more technology difficulty. To this end, Jereh made a mass of custom design
and specialized manufacturing processes for them.

For example, in-depth analysis of torsional vibration and pulsation for
offshore operation are made to meet CNOOC's high vibration index standard;
highly compact design to save space; special component materials to avoid
ocean salt spray corrosion; titanium alloy water cooler for anti-corrosion.

As China's largest imported compressor packager, Jereh gas compressing
solutions has been widely used including underground gas injection and
production, gas gathering station, fuel gas pressuring for gas engines, acid
gas injection, extraction and collection of landfill gas and coal gas, CNG
fueling system, LNG plants and chemical plants, etc. In August 2013, the first
high-power, high-speed reciprocating compressor package exported to Europe was
developed by Jereh for Botas' Lake Tuz underground natural gas storage project
in Turkey.

In addition, Jereh has made investments on LNG since 2004 to let the whole
world enjoy clean energy and a green environment. Jereh has developed into an
industry-wide chain for gas exploration, purification, liquefaction,
transportation and end-use application of fueling stations. By means of mature
technology, Jereh provides customers with customized engineering solutions to
maximize their operations and the future.

About Jereh

Jereh, headquartered in Yantai, China, is a worldwide leading company in
providing oil and gas equipment and services for drilling, completion,
stimulation, gas purification, transportation, liquefaction, fueling and EPC
services. Leveraging its strong R&D, high-quality production facilities and a
global sales network, Jereh serves customers in over 60 countries. For more
information, visit www.jereh.com

Website: http://www.jereh.com
Contact: Maya Shi, +86-535-692-1560, shihj@jereh.com
 
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