For Chinese enterprise Jereh Oilfield Services Group the year 2015 has been a productive one.
The company, which has been doing business in the region for about six years, has positioned itself as an international company specialising in oilfield equipment manufacturing, oil and gas engineering and oilfield services, and ‘has helped GCC customers optimise performance with its reliable products and services’.
The entire global service market for maintenance, repair, and operations of equipment in the oil and gas sector is continuously growing with an average annual rate of 2%, according to an Industrial Info Resources projection from May 2015. In 2016, the volume is expected to reach $200bn and in 2019 around $210bn.
“As a whole, it (2015) has been going well. With rising global energy demand, the oil and gas industry has been offering a wide range of challenges and opportunities across the upstream, midstream, downstream and oilfield services sectors,” Terry Tan, Vice President at Jereh Group, told ArabianOilandGas.com.
Naturally, GCC states such as the UAE, Oman, Kuwait and Saudi Arabia have been “promising for our business development and we are establishing branches or offices accordingly to quickly respond to our market needs,” he reveals.
At ADIPEC 2015, Jereh will showcase its high-end oilfield equipment and downhole tools for exploration and production, as well as its offshore wellhead equipment and environmental services.
Visit Jereh at Stand 10510, Hall 10
