Kerui Group

China

Date:   March 2009

Deal:   According to the Kerui Group website in March 2009, the Kerui Group exhibited at the 2009 Iranian International Oil and Gas Show (Kerui Group, March 18, 2009).

Date:   August 2010

Deal:   According to China Exporter Catalog in August 2010, the Shandong Kerui Petroleum Equipment Company, a Kerui Group subsidiary, collaborated on a joint venture with the North Barite company, a private Iranian firm, to form Petro Newtish Kish, LLC (China Exporter Catalog, August 25, 2010). Further details on the project are not available.

Date:   Unclear

Deal:   According to Kerui Group, Shandong Kerui Petroleum Equipment Company, a subsidiary of the Kerui Group, formed a joint venture with Iranian firm North Barite Company called Peto Newtish Kish LLC. Through the joint venture, Shandong Kerui Petroleum Equipment Company supplied parts to the National Iranian Drilling Company (Kerui Group Website, accessed July 12, 2013).

U.S. Business Ties: According to the Federal Procurement Data System, the Kerui Group and its subsidiaries have not conducted transactions with the U.S. government (Federal Procurement Data System - Next Generation, accessed July 12, 2013).

Last Updated: August 7, 2013