Industry | Oil & gas |
---|---|
Number of locations | China, Pakistan, Iraq, Egypt, Dubai |
Website |
uegl |
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.
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]
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]