Country for PR: China
Contributor: Xinhua News Agency
Thursday, September 30 2021 - 21:57
AsiaNet
The 14th China (Dongying) International Petroleum and Petrochemical Equipment & Technology Exhibition comes to a successful conclusion
DONGYING, China, Sept. 30, 2021 /Xinhua-AsiaNet/--

The 3-day 14th China (Dongying) International Petroleum and Petrochemical 
Equipment & Technology Exhibition held in Dongying, Shandong province came to a 
successful conclusion on September 29.

The Information Office of the People's Government of Dongying explained that 
the theme of this exhibition was A Connected World Driven by Innovation. 
Reached agreements totaled 4.16 billion yuan and 262 foreign and 297 domestic 
trade contracts (intention agreements) were signed during the event. More than 
1,300 exhibitors were attracted by this immersive cloud exhibition, 
demonstrating in excess of 17,000 products covering 18 categories. These 
included oil drilling equipment, exploration equipment, and collection and 
transmission equipment. The total number of visits was over 270,000.

With the new and comprehensive online cloud exhibition platform, full use was 
made of cloud display, cloud diversion, cloud interaction, and cloud 
negotiation, taking the exhibition level and the standard of service to new 
heights. The exhibition featured dedicated display areas to showcase the 
growing trends and the latest developments in digital oil exploration, 
equipment manufacturing, and petroleum and petrochemical industries in a 
cutting edge, three-dimensional manner of presentation. 234 new products and 
181 new technologies were debuted, and comprehensive oil field development 
service technologies, such as oil and gas exploration and integrated drilling 
packages, took center stage.

Over the past 14 years, the annual China (Dongying) International Petroleum and 
Petrochemical Equipment & Technology Exhibition has attracted more than 7,400 
exhibitors and 970,000-plus visitors. It has facilitated the execution of 1,796 
foreign trade contracts and agreements, encompassing in excess of 70 countries 
and regions, and has thereby become a driving force in Dongying's industry 
transformation and development. It is a growth driver in the petroleum 
equipment industry base, a display window for publicity, and a new development 
bellwether of the global petroleum equipment industry.

As is well known, Dongying is at the center of the Yellow River Delta, a 
pivotal city for oil in China. Dongying's petroleum equipment industry, its 
main industry, has a virtually complete industry chain that brings together 
research and development, manufacturing, service, and domestic and 
international trade. The city is now the petroleum equipment manufacturing base 
of China.

Source: Information Office of the People's Government of Dongying

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402659

   Caption: The 14th China (Dongying) International Petroleum and Petrochemical 
Equipment & Technology Exhibition kicked off on September 27.

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402665

   Caption: An exhibitor introducing products in the live streaming room at the 
14th China (Dongying) International Petroleum and Petrochemical Equipment & 
Technology Exhibition

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402666

   Caption: An assembly worker busy catching up with orders in Kerui High-end 
Petroleum Equipment Industrial Park, Dongying, Shandong

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402667

   Caption: A technician processing orders in a workshop of Shandong 
Yonglijinggong Petroleum Equipment Co., Ltd.