On November 21, 2023, the industrial chain Supply Chain Ecological Construction Conference sponsored by China Oilfield Service Co., LTD. (hereinafter referred to as "COSL") was successfully held in Tianjin. With the theme of "Joint consultation, joint construction and sharing", NOE, as an outstanding enterprise in the industry and an important strategic partner, was invited to attend the meeting, and NOE and COSL jointly signed a long-term strategic cooperation agreement.

In recent years, with rich technical accumulation and global service network, NOE has provided high quality high pressure fluid equipment and on-site technical services for COSL's many drilling platforms at home and abroad, which has not only provided effective help for the localization of key equipment of drilling platforms, but also made important contributions to the overseas development of China Oilfield service industry.

The signing of this strategic agreement marks the establishment of a more comprehensive and closer strategic partnership between NOE and COSL. In the future, the two parties will continue to promote the sharing of key resources and the complementarization of key technologies, build a sound mechanism for the collaborative development of Party A and Party B through research and development collaboration and rapid response, and jointly promote the core competitiveness of China's oilfield service industry chain.

COSL Introduction:China Oilfield Services Limited (COSL) is one of the largest integrated oilfield services providers in the world. Services run through all stages of offshore oil and gas exploration, development and production. The business is divided into four categories: geophysical exploration services, drilling services, oilfield technical services and Marine services.