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Release date:
03/29/2019
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OMC 2019: Jereh’s Revenue in Mediterranean Region Peaked Last Fiscal Year

Ravenna/March 28, 2019, the 2019 Offshore Mediterranean Conference and Exhibition is held in Ravenna, Italy. Jereh Group, a leading Chinese oil & gas equipment manufacturer presented its latest equipment solutions for well drilling, completion and stimulation, and strong supply chain capability for oil and gas EPC projects. 



Having been cultivating in Mediterranean countries for a decade, Jereh successfully established cooperative relationship with local oil & gas players. And now there are 5 branches in total, located in Algeria, Turkey, Tunisia, Egypt and Italy, enabling Jereh to better respond to customers’ needs in a prompt and efficient manner.

 

It is roughly estimated that Jereh quality well service equipment have been delivered to over 200 oil and gas production projects in Europe and Africa, making Mediterranean region a significant market for the company. And Jereh develops strength in supply chain systems based on the  capabilities in global procurement and sourcing, warehousing and logistics, as well as the advantages of China as a “World Factory" that is within Jereh's easy reach, achieving responsible purchase and safe delivery of quality goods and services.



The VP of Jereh Group, Mr. Forrest Wang said, “OMC is indeed a prestigious platform within oil & gas industry. We discovered plentiful opportunities during our last OMC, which helped us a lot to further develop the business in Mediterranean region,”

 

“In fact, our revenue here has peaked in 2018, hitting 10 million dollars for modular supplying only,” Mr. Wang continued.

 

Jereh is going to continuously focus on Mediterranean market,” says Mr. Wang, “We’ll dive into local business with full dedication, making greater contribution to regional oil & gas development.”