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

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, with compressor 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