Shell Eastern Petroleum Pte. Ltd., a wholly owned subsidiary of Royal Dutch Shell, incorporated in Singapore, and Greatwall Drilling Company, a wholly owned subsidiary of China National Petroleum Corporation (hereinafter referred to as “CNPC”), incorporated in Beijing, China, decided to establishing a Well Manufacturing joint venture . Through the joint venture being jointed operated by 50% CNPC and 50% Shell, it is intended that such newly setup joint venture could provide all necessary well manufacturing services for unconventional oil and gas exploration and development onshore projects. The scope of services of joint venture are included, but not limited to services of drilling, completing, workover and Fracturing for unconventional oil and gas well projects; supply and trading services for above mentioned projects; and technical consulting and, technology research and development. In February 9th, 2012, such joint venture is registered in the Republic of Singapore and named as Sirius Well Manufacturing Services Pte. Ltd. (SWMS). SWMS has successfully set up the subsidiaries in the targeted operation countries, namely Australia, and China.
Shell Eastern Petroleum Pte. Ltd., a wholly owned subsidiary of Royal Dutch Shell, incorporated in Singapore, and Greatwall Drilling Company, a wholly owned subsidiary of China National Petroleum Corporation (hereinafter referred to as “CNPC”), incorporated in Beijing, China, decided to establishing a Well Manufacturing joint venture . Through the joint venture being jointed operated by 50% CNPC and 50% Shell, it is intended that such newly setup joint venture could provide all necessary well manufacturing services for unconventional oil and gas exploration and development onshore projects. The scope of services of joint venture are included, but not limited to services of drilling, completing, workover and Fracturing for unconventional oil and gas well projects; supply and trading services for above mentioned projects; and technical consulting and, technology research and development. In February 9th, 2012, such joint venture is registered in the Republic of Singapore and named as Sirius Well Manufacturing Services Pte. Ltd. (SWMS). SWMS has successfully set up the subsidiaries in the targeted operation countries, namely Australia, and China.
Shell Eastern Petroleum Pte. Ltd., a wholly owned subsidiary of Royal Dutch Shell, incorporated in Singapore, and Greatwall Drilling Company, a wholly owned subsidiary of China National Petroleum Corporation (hereinafter referred to as “CNPC”), incorporated in Beijing, China, decided to establishing a Well Manufacturing joint venture . Through the joint venture being jointed operated by 50% CNPC and 50% Shell, it is intended that such newly setup joint venture could provide all necessary well manufacturing services for unconventional oil and gas exploration and development onshore projects. The scope of services of joint venture are included, but not limited to services of drilling, completing, workover and Fracturing for unconventional oil and gas well projects; supply and trading services for above mentioned projects; and technical consulting and, technology research and development. In February 9th, 2012, such joint venture is registered in the Republic of Singapore and named as Sirius Well Manufacturing Services Pte. Ltd. (SWMS). SWMS has successfully set up the subsidiaries in the targeted operation countries, namely Australia, and China.