user

Zhongman Petroleum and Natural Gas Group Corp. Ltd

Oil and Gas

Overview

Zhongman Petroleum and Natural Gas Group Corp., Ltd. (hereinafter referred to as Zhongman Petroleum or Zhongman Group, abbreviated as ZPEC), headquartered in Lingang Special Area of the Shanghai Pilot Free Trade Zone China (Shanghai), with a registered capital of 400 million RMB, is an internationally renowned comprehensive oil and gas company focusing on the oil and gas sector. On November 17, 2017, ZPEC was listed on the Shanghai Stock Exchange and successfully listed on the A-share capital market (Stock Code: 603619). With oil and gas exploration and development, integrated drilling and completion engineering technology services as the core business, the company drives the development of high-end petroleum equipment manufacturing business and actively expands related high-tech and value-added business. These businesses have been developed and coordinated to enable ZPEC to provide three important advantages: Integration of drilling engineering services with petroleum equipment manufacturing. Integration of exploration and development with drilling engineering services and with petroleum equipment manufacturing. It is a high-tech enterprise with 251 invention and utility model patents. ZPEC’s business is throughout China, the Middle East, Central Asia, Russia, North Africa and others. Its main customers include: CNPC, Sinopec, BP, Shell, Russian Gas, Novatek OAO, Petronas, Baker Hughes, Schlumberger, Weatherford, and other international, well-known oil and gas companies, and has passed the Saudi Aramco drilling supplier qualification. Since 2017, the company has actively expanded the upstream industrial chain and made great progress in its transformation to the exploration and development business. It is the first private enterprise to obtain the exploration right of domestic oil blocks and declare oil reserves in China.