United Energy Group
The United Energy Group (UEG) (SEHK: 467) is a Chinese oil & gas exploration and production company. The company pursues projects in Pakistan and Indonesia and is looking into further investment options in South East Asia and the Americas.
| Industry | Oil & gas |
|---|---|
Number of locations | China, Pakistan, Iraq, Egypt, Dubai |
| Website | uegl |
Corporate affairs
UEG is a Hong Kong listed company but controlled by Zhang Hongwei, a majority shareholder in mainland China, who owns 71.7% of the company.[1][2]
China
The company undertook a joint venture with the China National Petroleum Company to develop the Liaohe EOR Project in Liaoning, China until it announced termination of the project in 2016.[3]
Pakistan
External links
References
- "Zhang Hongwei profile". Telegraph. October 10, 2013.
- "United Energy posts 18.9 per cent rise in interim profit as output offsets lower oil prices". South China Morning Post. August 7, 2015.
- "United Energy scraps Liaohe EOR project". China Daily. February 26, 2016.
| Oil and gas majors (Upstream/Downstream) |
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| Oil (Upstream) | |||||||
| Natural gas |
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| Drilling services |
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| EPC | |||||||
| Refineries |
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