Wang Bo conducted a series of business activities in Iraq
Recently, Wang Bo, Chairman of CMEC Group and CAMCE, conducted a series of business activities in Iraq. He accompanied a working group led by Xu Xinwei, Deputy General Manager of China Export & Credit Insurance Corporation (Sinosure), to visit Hayan Abdul-Ghani, the Deputy Prime Minister and Minister of Oil of Iraq and inspect the EPCC of CPF-Oil and Gas Treatment System and Auxiliary Systems Project for Block 9 in Iraq ("Block 9 project") constructed by CAMCE. At the project site, Wang Bo, on behalf of the company, warmly greeted the representatives of project employees and participating companies. During his stay in Iraq, Wang Bo also visited the Chinese Ambassador Extraordinary and Plenipotentiary to Iraq, Cui Wei, at the embassy.
In Baghdad, the capital of Iraq, Wang Bo, on behalf of the company, thanked Deputy Prime Minister for attending the celebration ceremony of reaching a production capacity of 100,000 barrels at the Block 9 project site at the end of July. He introduced the comprehensive advantages of Sinomach and CAMCE, and stated that the company attaches great importance to cooperation in the oil and gas field. CAMCE will leverage its overall advantage of being led by design consulting and providing "one-stop" services for the entire engineering contracting industry. With the support of Sinosure, it will help Iraq's oil and gas industry and economic livelihood achieve high-quality development.
Hayan Abdul-Ghani pointed out that CAMCE has completed high-quality projects in the shortest possible period of time, achieving full production of "oil package" and shaping an excellent brand image in the Iraqi market. Iraq has abundant oil and gas resources, and the Iraqi side is willing to carry out deeper cooperation and exchanges with CAMCE in oil and gas resource engineering projects to promote Iraq's economic and social development.
At the Block 9 project site, Wang Bo accompanied the Sinosure working group to inspect and research the project control center, the core area of the crude oil processing unit, and the operating drilling rig facilities, introducing the project development and construction process and project management highlights. Wang Bo introduced that the "oil package" part of the Block 9 project has been put into operation ahead of schedule, setting a record for the shortest construction period of similar projects in Iraq. This project has driven internal sister companies such as Lanpec Technologies, CMMEC, HGMRI, SAIS and CACS under the Sinomach to join forces and cooperate in overseas operations, providing opportunities and platforms for the "going global" of Sinomach equipment and China's oil and gas equipment. Wang Bo thanked Sinosure for underwriting the project, and also thanked the project owner United Energy for their trust and support. He stated that in the future, the company will rely on the strong industrial resources and industrialization development capabilities of Sinomach, deepen cooperation with leading enterprises in the oil and gas field, provide engineering general contracting and "EPC+" professional services for oil and gas enterprises, and contribute to the implementation of the national energy security strategy.
Xu Xinwei fully affirmed the outstanding achievements of CAMCE in the Block 9 project, stated that the project is the first oilfield ground facility project fully constructed by a Chinese company for Basra Oil Company, and is of great significance for enhancing Iraq's crude oil production capacity and supporting Iraq's economic and social development. The implementation of the project will successfully introduce relevant Chinese equipment, technology, and engineering experience into the oil and gas field in Iraq, which is of great significance for cooperation in the oil and gas field between China and Iraq. Sinosure will continue to play a policy based credit insurance role in risk prevention, market expansion, and financing assistance, continuously track customer needs, improve customer service quality, actively explore new underwriting business models in the oil and gas resources industry, and ensure national energy security at a high level with more high-quality overseas oil and gas engineering projects.
In the conference room of the project site, CMEC Group and Sinosure held a financing symposium, where they had in-depth exchanges on the key tracking projects, insured projects, and post insured projects of the member companies CMEC and CAMCE.
Zheng Zhongping, General Manager of Strategic Customer Department I, Ren Ge, Chief Representative of the Dubai Representative Office, Wang Shu, Assistant General Manager of the Business Management Department, and relevant persons in charge of the Project Insurance Underwriting Department of Sinosure attended the above-mentioned activities.
At the project site, Wang Bo expressed sincere greetings and high respect to the representatives of project employees and participating enterprises, who have been fulfilling their duties and dedicating themselves under difficult conditions for a long time.
During his stay in Iraq, Wang Bo visited Cui Wei, the Chinese Ambassador Extraordinary and Plenipotentiary to the Republic of Iraq, at the embassy to report on the business development of CMEC and CAMCE, member companies of CMEC Group's, in Iraq. He also listened to the embassy's introduction of the local situation and relevant guidance.
Liu Shengcheng, Deputy General Manager of CAME, Yang Chuanliang, Deputy General Manager of China IPPR, Yang Zhigang, General Manager, Geng Kui and Huang Bin, Deputy General Managers of No.6 Engineering Department, and Chen Jianping, Financing Director of the Finance Department of CAMCE, participated in the above activities.