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.
[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] In 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions.
In March 2018, UEP acquired OMV Pakistan assets for US$192 million.