Kerui Petroleum

Shandong Kerui Petroleum Equipment Co., Ltd.

Industry	Oil and gas equipment and contract services
Headquarters	Dongying, China
Number of employees	8,000
Website	www.keruigroup.com

Kerui Petroleum is a Chinese oil services and equipment company. It provides equipment and EPC services for oil drilling and production and natural gas plants.

The Middle East headquarters is in Abu Dhabi and bases in Dammam, Saudi Arabia and Izmir, Turkey. Major markets for the company are Egypt, Algeria, Libya, Gabon, Nigeria, Oman, UAE, and Iraq.[1]

In June 2023, Ukraine's National Agency on Corruption Prevention declared Kerui Group an "international sponsor of war" because of its continued business with Russia amid Russian invasion of Ukraine.[2]

Projects

•  Brazil - Awarded contract by Petrobras as a consortium of Kerui Petroleum Equipment Co. Ltd. and Brazilian consortium partner Metodo Potencial Engenharia SA, to build a natural gas processing unit in Itaborai.[3]
•  Venezuela - Awarded contract by PDVSA to upgrade 624 wells in the Lake Maracaibo region.[4]

References

1. "Diversity important for Kerui Petroleum to maximise opportunities". Oil Review. November 9, 2016.
2. "Ukraine: Govt. lists leading Chinese oil & gas equipment manufacturer as intl. war sponsor over increased exports to Russia". business-humanrights.org. 15 June 2023. Retrieved 30 December 2023.
3. "Petrobras lets contract for gas processing unit". Oil & Gas Journal. March 29, 2018.
4. "PDVSA plans to raise production from Lake Maracaibo". Economist Intelligence Unit. October 6, 2016.