CNPC and Siemens AG signed a strategic cooperation agreement in Beijing. Under the agreement, the two companies will strengthen cooperation in areas including energy development and utilization, and petroleum equipment manufacturing, so as to promote mutual development.

CNPC Vice President Yu Baocai and Siemens AG Managing Board Member Barbara Kux had a meeting and attended the signing ceremony. PetroChina Vice President Bo Qiliang and Siemens ltd., China President and CEO and Cluster CEO North East Asia Cheng Meiwei took part in relevant events.

Siemens AG is one of the world’s leading suppliers of electronics and electrical engineering. With sophisticated business portfolio, the company offers a wide range of products, solutions and services in the field of energy technology.