ZhenHua Oil regards continuous acquisition of new oil and gas project as an important development strategy. Through continuous improvement of market ability, technical ability and business competence, establishment of an information platform, a merger and acquisition workflow and risk control system, ZhenHua Oil has a fully professional business development team, which can complete the acquisition process from information search, screening, evaluation to business negotiation and transaction completion.
The new project mergers and acquisitions concentrate on the strategic regions of the Middle East, Africa, Central Asia and Southeast Asia. In line with the company’s strategy of "simultaneous development of oil and natural gas, focusing on projects in production and to be developed", taking into account the onshore and shallow-water, holding and equity participation projects, and moderately promoting exploration projects, unconventional projects and deep-water projects.
