Kaishan (SHE:300257) signed a partnership with U.S. company Halliburton Energy Services to jointly advance enhanced geothermal systems and low-carbon energy services, according to a Wednesday filing with the Shenzhen bourse.
The two-year agreement, effective through June 2028, covers enhanced geothermal systems development, drilling optimization, integrated geothermal project execution and green hydrogen/ammonia production.
Shares of the compressor manufacturer rose 3% in recent trade.
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