Jiangsu JASUNG and Kerui Oil & Gas Deepen Strategic Cooperation to Promote Green Development in the Global Oil Industry

[Summary Description]

Jiangsu JASUNG and Kerui Oil & Gas held a signing ceremony for their strategic cooperation.

On October10,2024, Jiangsu JASUNG Intelligent Industrial Technology Co., Ltd. (hereinafter referred to as "JASUNG") and Shandong Kory Oil & Gas Equipment Co., Ltd. (hereinafter referred to as "Kory Oil & Gas") officially signed a strategic cooperation agreement. This marks a new phase in their collaboration towards the green and intelligent transformation of the global oil extraction industry. The partnership will further promote the widespread application of permanent magnet motor technology in the oil sector. By implementing innovative green drive solutions, it aims to significantly enhance the energy-saving and environmental performance of oil and gas equipment, contributing to the sustainable development of the global energy industry.

In the context of the global energy transition towards sustainability, the green and intelligent transformation of the oil extraction industry is particularly crucial. The permanent magnet motor technology stands out for its energy efficiency, low noise, and long lifespan, demonstrating exceptional performance in oil drilling, extraction equipment, and transport. Compared to traditional motors, permanent magnet motors significantly reduce energy consumption and carbon emissions, while also offering outstanding reliability and low maintenance costs. This greatly enhances the operational efficiency and sustainability of oil extraction equipment.

In this collaboration, both parties will establish a comprehensive partnership mechanism through technical synergy and resource sharing, further enhancing the R&D and manufacturing capabilities of oil and gas equipment while promoting the widespread application of green drive technology on a global scale. Their partnership will not only strengthen each other's technological advantages in the oil extraction sector but also provide more innovative and environmentally friendly solutions for the global energy industry.Both parties painted a mural of the Earth, jointly envisioning a beautiful green planet.