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002353

138.81000 CNY
0.34
0.24%
Last update May 19, 2:59 PM CST
Market closed
Day range
135.28000
140.48000
Previous close
139.14999
Open
136.080002
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Yantai Jereh Oilfield Services Group Co., Ltd...
138.81
0.34
0.24%

Overview

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Description

Yantai Jereh Oilfield Services Group Co., Ltd. is a prominent player in the oilfield services sector, providing a comprehensive suite of equipment and services tailored for the oil and gas industry. The company's primary function is to support the efficient and effective exploration, production, and processing of oil and natural gas resources. With a robust portfolio that includes solutions for drilling, completion, and workover operations, Yantai Jereh is pivotal in facilitating energy extraction processes. The company stands out through its innovative approach to integrating advanced engineering technologies into its product offerings, which serve a diverse range of clients in the upstream and downstream sectors. Furthermore, Yantai Jereh's expertise extends to environmental protection services, ensuring that energy operations are conducted with minimal ecological impact. As a significant entity within the energy sector, Yantai Jereh plays a crucial role in supporting global energy infrastructure, enabling oil and gas companies to meet growing energy demands. The company's commitment to technological advancement and sustainable practices enhances its reputation within the industry, affirming its position as a leader in oilfield service solutions.

About

CEO
Employees
7722
Address
No.5 Jerry Road
Laishan District
Yantai, 264003
Phone
86 53 5672 3532
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
China
MIC code
XSHE
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Latest press releases

Nov 6, 2025
Jereh Highlights AI-Driven Energy Solutions and Deepens Localization in the Middle East at ADIPEC 2025

ABU DHABI, UAE, Nov. 6, 2025 /PRNewswire/ -- Jereh Group made a strong statement at ADIPEC2025, showcasing its latest intelligent and low-carbon technologies while reinforcing its long-term commitment to localized development in the Middle East. With the theme "Powering Energy That Thinks," Jereh's exhibition demonstrated how artificial intelligence, automation, and data-driven systems are shaping the next generation of oilfield operations and sustainable energy solutions.

Jereh Booth at ADIPEC

Throughout the event, Jereh's interactive booth drew significant attention from global and regional energy leaders for its AI-enabled technologies and integrated solutions. Among the highlights was the AI•R FRAC intelligent fracturing system, which utilizes patented multi-power drive technology to switch seamlessly between diesel, electric, and turbine power sources. This innovation enhances operational stability and energy efficiency while significantly reducing emissions. Jereh also unveiled its latest intelligent coiled tubing unit and InEscort autonomous inspection robot, both designed to improve safety, automation, and field productivity in challenging environments.

Reflecting its strong commitment to the region, Jereh announced a landmark cooperation agreement with ADNOC Drilling during ADIPEC on November 3. The agreement focuses on the localized manufacturing of high-end energy equipment, joint technology development, and global market expansion. This milestone represents a deepening of the long-standing partnership between Jereh and ADNOC and marks an important step in China UAE industrial collaboration in the energy sector. The cooperation is expected to strengthen both companies' competitiveness and drive innovation in intelligent oilfield solutions globally.

Jereh at ADIPEC

Jereh's growing presence in the Middle East is underpinned by significant investments in local infrastructure. The Jereh Middle East Manufacturing Base, which will combine manufacturing, logistics, procurement, and technical services, will enhance the company's localization capabilities and operational efficiency.

ADIPEC 2025 underscores the accelerating convergence of intelligence and sustainability in the global energy industry. Jereh's goal is to empower the Middle East and global markets with smart, reliable, and low-carbon solutions that create real impact for our partners and the planet.

Photo - https://mma.prnewswire.com/media/2816242/Jereh_Booth_ADIPEC.jpg

Photo - https://mma.prnewswire.com/media/2816243/Jereh_ADIPEC.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/jereh-highlights-ai-driven-energy-solutions-and-deepens-localization-in-the-middle-east-at-adipec-2025-302607814.html

May 27, 2025
Harnessing AI to Revolutionize Oil & Gas Operations: Jereh's Path to a Safer, More Efficient Energy Solution

YANTAI, China, May 27, 2025 /PRNewswire/ -- Artificial intelligence is rapidly redefining the upstream oil and gas landscape by transforming complex, data-intensive tasks into highly efficient, predictive workflows. The IEA's recent Energy and AI report finds that AI-enabled process optimization can boost hydraulic fracturing efficiency by up to 20%, a gain achieved through real-time adjustment of pump rates, proppant mixes and fracture schedules based on down-hole sensor data. As energy companies strive for higher productivity and safer operations, AI is proving to be an indispensable tool, and innovators like Jereh are at the forefront of this evolution.

Building on decades of equipment expertise, Jereh has established a dedicated R&D program to integrate AI across all its oilfield solutions. One of the flagship examples of this transformation is Jereh's AI•R FRAC solution, a fully integrated, AI-powered fracturing platform showcased at cippe 2025. The platform integrates eight subsystems, including intelligent decision-making algorithms, predictive maintenance modules, automated manifold control, and real-time safety monitoring, etc.

AI·R FRAC Field Deployment

In field deployments, the system has achieved 97.8% accuracy in pump failure prediction and 100% anomaly detection in high-pressure environments, contributing to a 36% boost in operational efficiency. Its intelligent safety and risk management modules identify equipment and personnel risks with 100% accuracy, dramatically improving site safety. By leveraging Jereh's self-developed turbine generators and advanced energy storage systems, the solution supports off-grid, low-emission operations, with up to 15% reduction in fuel consumption. In addition to improved performance, the smart electric wellsite significantly reduces environmental footprint and enhances decision-making through centralized AI control.

One of the most notable deployments of the AI•R FRAC system took place in the Sichuan Basin in southwest China, where it powered the area's first ultra-deep shale gas fracturing operation with a fully electric, AI-driven platform. The operation featured 18 electric-driven 6000 HP fracturing units, along with electric-powered blending and hydration units, all seamlessly coordinated by the AI•R FRAC system. Rather than simply retrofitting diesel systems with electric drives or layering basic digital controls, Jereh's approach fully integrates AI across subsystems to form a unified, intelligent fracturing ecosystem.

In natural gas compression, Jereh's Compressor Intelligent Diagnostic System utilizes AI models deployed over the industrial internet to provide real-time, remote monitoring and failure prediction. By identifying subtle changes in vibration patterns and load profiles, the system enables predictive maintenance, reducing unplanned downtime by up to 30% and extending equipment lifespans.

As the oil and gas industry moves toward autonomous, low-carbon, and high-efficiency operations, Jereh's AI-integrated approach is demonstrating tangible results. By embedding AI at every layer of its electric-driven hardware and monitoring platforms, Jereh is enabling operators to shift from reactive firefighting to proactive, data-informed decision-making. As the industry pursues ever-higher efficiency, safety and sustainability targets, these integrated AI solutions offer a clear path to the zero-downtime, predictive oilfield of tomorrow.

Photo - https://mma.prnewswire.com/media/2696583/AI_R_FRAC_Field_Deployment.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/harnessing-ai-to-revolutionize-oil--gas-operations-jerehs-path-to-a-safer-more-efficient-energy-solution-302465715.html

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