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Caterpillar signs agreement with China's third largest oil company

Executives from Caterpillar Inc. subsidiary Solar Turbines and from China National Offshore Oil Corporation (CNOOC) signed a long-term strategic agreement between the two companies.

Under terms of the strategic agreement, Solar Turbines will be a CNOOC preferred aftermarket supplier for goods and services for Solar Gas Turbines equipment. China National Offshore Oil Corporation is a state-owned oil company authorized to work with foreign enterprises for the exploration and development of offshore petroleum resources.



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