CNPC and CUPET Ink Cooperation Agreements

Source: www.gulfoilandgas.com 7/25/2014, Location: South America

On July 22 in Havana, Capital of Cuba, in the presence of Chinese President Xi Jinping and Cuban President Raul Castro, CNPC Vice President Wang Dongjin and General Director of CUPET Juan Torres Naranjo signed a framework agreement on increasing crude output and production sharing, and a cooperation agreement on drilling services.

Under the agreements, CNPC will help CUPET to lower operation cost of some existing oilfields and enhance the crude production and recovery, and meanwhile provide 9,000m drilling rigs and supporting services to facilitate the exploration and development of Cuba's offshore oilfields.


Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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