The largest Chinese private oil service company Xinjiang Beiken Energy Engineering CO set up its subsidiary in Ukraine – Beiken Energy Ukraine LLC, ET reports quoting enkorr.
On September 19, the company was registered in Kyiv with an authorized capital, amounting to UAH 5.2 mln. Honkong Beiken Energy Co is the sole incorporator, Xuan Tin is specified as the director.
On September 7, Xinjiang Beiken Energy Engineering concluded a contract with Ukrgasvydobuvannya for USD 61.7 mln
It stipulates the drilling of 24 wells in 2017-2019 in Kharkiv and Poltava regions. The agreements were signed as per tender results in ProZorro system.
Xinjiang Beiken was set up in 1995. Except for China, it provides the services in Iran, Iraq, Kazakhstan, Indonesia and some other countries.
The company has 30 drilling installations of eight specifications. In 2017, it started working in Ukraine, providing well drilling services to Ukrgasvydobuvannya.