On November 21, 2023, the industrial and supply chain ecological construction conference hosted by China Oilfield Services Limited (hereinafter referred to as "COSL") was successfully held in Tianjin. Themed by "consultation, joint construction and sharing".Neway Oil Equipment (hereinafter referred to as "NOE") was invited to attend the conference as an outstanding enterprise and important strategic partner of the industry. At the conference, NOE and COSL signed a long-term strategic cooperation agreement. In recent years, NOE has provided high-quality high-pressure fluid equipment and on-site technical services for many drilling platforms of COSL at home and abroad with its rich technical accumulation and global service network, which not only provides effective help for the localization of key equipment of drilling platforms, but also makes important contributions to the overseas development of CNOOC oilfield service industry. In the future, the two sides will continue to promote the sharing of key resources and complementary key technologies, and build a benign cooperation mechanism through R&D coordination and rapid response.