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).
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.
According to the agreement with Administration of Eiz Eldeen Saleem Sub-District LUKOIL implemented the first social project for this year, which was the Food Boxes Project.read more
The team of young employees of LUKOIL Uzbekistan Operating Company under the name of “Gorod Khlebniy” (“The City of Grain”) successfully performed at the “KVN Cup” humor contest held among the oil and gas producing entities of LUKOIL Group and bore away the highest award.read more