Zhongman Petroleum and Natural Gas Group

The Zhongman Petroleum and Natural Gas Group (or ZPEC) is a Chinese oilfield services company.

History

The company was founded in 2003.[1] The company received backing from Sequoia Capital.[2]

Reuters in December 2017 reported the company was in talks with Gazprom Neft to take a stake in the Chonsk oil fields development project in Siberia.[3]

Projects
  •  Iraq - Awarded by Iraqi government a $526.6 million drilling deal for drilling of 66 production oil wells at the West Qurna Two oilfield[4]
  •  Pakistan - Awarded by Pakistan Petroleum a US$23 million drilling project in Pakistan in 2018.[1]

References
  1. "ZPNG Wins USD23 Million Gas Drilling Project in Pakistan". Yicai Global. April 9, 2018.
  2. "Companies". Sequoia Capital.
  3. "Gazprom Neft in talks with China's ZPEC over east Siberian oil fields project - sources". Reuters. December 19, 2017.
  4. "Iraq approves $526 mln drilling deal for West Qurna oilfield". Reuters. May 20, 2015.
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