CNPC opens new office in Dubai

China National Petroleum Corporation (CNPC) plans to consolidate its various subsidiaries in Dubai into a large new office and warehouse complex at Jebel Ali Free Zone (Dubai, UAE).

2017-04-12 views 917

The move follows CNPC’s winning bid for an 8 per cent stake in Abu Dhabi’s main onshore oil concession, Adco, which has a 40-year life and significantly raises the Chinese company’s profile in the UAE.

Zhu Junfeng, CNPC’s chief executive for the Middle East, said that new Jafza complex will bring together staff and operations from 16 CNPC subsidiaries. The new headquarters covers a 55,000 square meters space and includes a 10,000 square meters multi-storey office and warehouse facility for storage, maintenance and repair of oil and gas equipment.

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