CNPC and Siemens sign three cooperation agreements

Source: CNPC

On September 11, in Munich, Germany, CNPC and Siemens inked three documents including a framework agreement on procurement and supply of merchandise and service, a memorandum on sharing best practices and experiences, and a memorandum on cooperation in equipment manufacturing. A further step taken since the two sides reached a strategic cooperation agreement in February this year, the newly inked agreements aim to enhance partnership for synergistic benefits.

CNPC Vice President Yu Baocai and Siemens Managing Board Member Barbara Kux attended the signing ceremony and delivered speeches respectively.


Sign up for PennEnergy's eNewsletters
For Email Newsletters you can trust


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs