# AETI extends BOMAY joint venture in China for ten years

American Electric Technologies' subsidiary M&I Electric and joint venture partner BOMCO (a CNPC subsidiary) executed a ten-year extension of their BOMAY joint venture in Xi'an, China, which supplies electric power and control systems to the oil and gas industry.

- Type: Partnership
- Announced: 2018-04-18
- Where: Xi'an, Shaanxi Province, China
- Status: announced
- Products: electric power and control systems for drilling rigs
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [American Electric Technologies](https://endata.com/companies/1777.md)
- [M&I Electric](https://endata.com/companies/1778.md) (partner)
- [China National Petroleum Corp.](https://endata.com/companies/6034.md) (partner)
- [BOMCO](https://endata.com/companies/31410.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/04/18/1480786/9662/en/aeti-announces-renewal-of-chinese-joint-venture.html), 2018-04-18: "We are happy to extend our BOMAY Joint Venture agreement for another 10 years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.