(EnergyAsia, September 27 2012, Thursday) — Schlumberger, the US-based supplier of technology, integrated project management and information solutions to the oil and gas industry, has opened its China Petroleum Institute in Beijing.

Located in Schlumberger’s China headquarters office building in the city’s Chaoyang district, the institute provides “best-in-class” petro-technical services and will undertake joint R&D initiatives to address technical challenges specific to China’s oil and gas industry.

The institute has more than 100 petro-technical experts, with most of them working on the same floor of the office building in Beijing and others distributed across the country.

Schlumberger said the Data Services and the Geoscience & Petroleum Engineering (GPE) teams form the core of the institute to serve the country’s state-owned oil and gas companies as well as international oil companies working in China.

Schlumberger said the institute will also be a hub to jointly conduct R&D projects with Chinese state oil companies and universities.

Cheng Xu, President of Schlumberger China, said:

“The establishment of the Schlumberger China Petroleum Institute is a milestone in Schlumberger’s 30-year history in China. The institute leverages Schlumberger’s expertise in reservoir evaluation. It shows our long-term commitment to our customers in China.

Bernard Montaron, the institute’s director, said:

“Schlumberger is well known for its ability to invent and develop new technologies. We are excited at SCPI to propose joint R&D initiatives to our clients to develop and test technologies to address technical challenges specific to China oil and gas fields. This could be very important for the future, especially for unconventional resources.”