Science and technology are the primary productive forces. In today's fiercely competitive market environment, the development of science and technology is driving the progress of enterprises at an astonishing speed.

As a high-tech enterprise, FRES has always regarded technology as the core driving force for development. Over the years, FRES has matured in the field of LNG processing services in China, demonstrated outstanding strength and leading position, and also has continued to promote overseas LNG whole industry chain, pursuing innovative breakthroughs; FRES has unswervingly invested a large amount of resources into other areas of cryogenic technology (LNG-BOG helium extraction technology, BOG reliquefication technology, hydrogen liquefaction, biomass gas and liquefied air energy storage technology, etc.) to promote scientific research and development.

With hard work, Furui Energy Services has successfully won contracts for design services of coupled liquid air energy storage systems, natural gas liquefaction plants and downstream industry applications of Pre-FEED, and design services for offshore associated gas LNG skid installations, etc., and has advanced its technological achievements, high-quality transformation of scientific and technological achievements.

In early 2024, after many in-depth exchanges and communications between the Furui Energy Services technical team and a top Chinese petroleum university, Furui Energy Services successfully obtained a coupled liquid air energy storage system design service contract. Continuous investment in technological innovation and technical knowledge reserves have also provided sufficient development momentum for Furui Energy Services.

Liquefied air energy storage technology is a new type of compressed air energy storage technology. 

The energy storage density of liquefied air energy storage is 10 to 40 times that of compressed air energy storage. It can store more energy in smaller containers and has the advantages of high energy density, small footprint and low cost per unit energy storage capacity. The power storage efficiency reaches more than 55%, and can be flexibly applied on the power generation side, transmission and distribution side, and end user. It is a medium-duration, large-capacity energy storage technology.

At the same time, a well-known Southeast Asian oil and gas company recently awarded the PRE-FEED contract for natural gas liquefaction plants and downstream industry applications to Furui Energy Services.

During the inspection last year, the owner was attracted by FRES's successful LNG industry chain model and service experience in China. During multiple mutual visits for half a year, through professional and efficient communication, the owner gained trust in the Furui brand. The relevant solutions designed by FRES can not only solve the problem of customers' proven gas field reserves and marginal wells that cannot be transported through pipelines, but also provide unique business solutions that can immediately turn resources into stable cash flow, while also promoting the owners Next steps for commercial development. Reliable process design, a high degree of skid-mounted liquefaction plants, and advanced automation and intelligence technologies ensure safe and stable operations.

In addition, FRES successfully won the bid for a domestic oil company's offshore associated gas LNG skid-mounted supporting design service contract. In order to meet the demand for carbon emission reduction in offshore oilfield production and recover abundant associated gas during the oilfield development process, the problem of adapting to the wide range of raw gas components and serious gas volume attenuation in the miniaturized and integrated offshore oilfield flare gas/associated gas liquefaction recovery production , the technical department of FRES carried out the supporting design of the main production system of liquefaction recovery, completed the technical development and structural design of the skid-mounted system of the offshore associated gas recovery module, and proposed a safe, reliable, complete system, stable operation, and economical technology plan.

These successfully signed technical service contracts represent the company's unremitting efforts and outstanding achievements in scientific and technological research and development over the years. FRES conscientiously studies and implements the important discussion of "new quality productivity", focuses on continuous innovation and exploration in technology research and development in the cryogenic field, strengthens talent support, and cultivates a young, highly educated and ambitious technical team. With their solid professional knowledge and rich experience, they constantly overcome technical difficulties. Through their thirst for knowledge and research on technology, they thrive in the good environment provided by the company, and gradually transform their efforts into rich economic value. And gaining wide social recognition and providing solid support for the development of enterprises.

In the future, FRES will continue to adhere to the mission of "using our advanced technology, professional knowledge and rich experience to promote the development of the entire natural gas industry chain and provide reliable, convenient and clean energy for mankind", adhering to the innovative, service-oriented philosophy Concept and continue to forge ahead, inject strong impetus into the sustainable development of the enterprise, and create greater value for society.