Under the call of the national“B&R”policy, on July 18, 2024, Shandong YachengPetroleum Technology Co., Ltd. received a delegation from the Ministry of Petroleum of Venezuela, and the two sides exchanged views on the current business and trade situation. During the exchange meeting, the technical experts and consultants of YaCheng Petroleum introduced the oil drilling and completion equipment,production equipment and the latest mining technology.The Venezuelan delegation showed strong interest in this, and the two sides conducted in-depth discussions and exchanges. The Venezuelan side expressed its expectation to cooperate as soon as possible.