China Inc Joins the Big League in Oil and Gas Services

The Chinese firms are rapidly gaining know-how, helped by global firms such as Shell which is working to improve the technical qualifications and standards of its Chinese suppliers to make them part of its global purchasing network.

Shell has started using robot hydraulic fracturing equipment made at its China joint venture with CNPC at projects in China and Australia, with the aim of deploying the kit to Canada later this year, Shell's Shi said.

"Our growing procurement spend in China is a reflection of the progress we are making in implementing one of our strategic priorities in China, which is taking Chinese enterprises overseas," he said.

($1 = 6.2180 Chinese yuan)

(Editing by Miral Fahmy)


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