On Nov.8th, Jereh group has signed into a strategic partnership with Southwest Petroleum University (SPU) to co-develop some major oil and gas technologies. Mutual development is to be gained with collaboration extended in to fields like unconventional oil and gas exploration, shale fracturing and well completion via high-end talents training and significant research findings implementation.
Under the agreement, unconventional oil and gas R&D center is to be established into a national industrial technological institution with full use of the latest global technologies from Jereh Houston-based R&D platform, which is one of the best among the 6 of Jereh R& D centers. Both sides will be committed to common promotion in both theoretical and practical way, such as holding academic seminars and delivering support into Jereh R & D.
Wang Kunxiao, president of Jereh Group expressed on site:”SPU is one of the best petroleum universities in China with strong R & D leverage,on which Jereh emphasizes a lot. Over 5.5% of the annual total sale is spent on R & D in Jereh. We firmly believe that the all round cooperation will push us forwards on the path of future mutual development “. Zhao Jinzhou, expressed the same anticipation for the cooperation.
Jereh has made a break-through to seek into continuous development which not only strengthen R&D support in Jereh but also lends a hand to the society.