On March 1st, Chengdu Chiwan International Petroleum Base located at Industrial Eastern Section of Xindu District, Chengdu, was founded. Domestic and international energy giants is accelerating their speed in competing for the developing market of Sichuan’s shale gas.

　　The project covering an area of 1,000 mu is invested 3.6 billion yuan to create a key industrial base with kernel functions such as researching and developing energy equipment, developing application for emerging energy, inculcating high-tech enterprises, manufacturing equipment and providing services, and so on. The First Phrase Program aims to attract a number of international gas giants, and construct Baker Hughes R&D Center and Manufacturing Base, US General Electronic Group Chengdu Manufacturing and Logistics Base, Schlumberger Producing and Manufacturing Base, Halliburton Producing, Manufacturing, and Logistics Base and Weatherford Producing, Manufacturing, and Logistics Base.

　　Shenzhen Chiwan Petroleum Supply Base Co., Ltd.(here after referred to as SCPSB), the investor, especially provides comprehensive logistics services for the operators engaged in exploring, exploitation, and producing petroleum and natural gas in waters of South China Sea and South China Sea. SCPSB is the largest petroleum equipment R&D base and petroleum service base in China and the fourth in the world. It has gathered multinational oil companies and petroleum service companies from Fortune 500.

　  The industrial base, research strength, and the great potential of Sichuan in shale gas attract SCPSB to invest Xindu. “As the acceleration of exploration and exploitation of natural gas of Sichuan Basin and Central and Western China, especially the storage of shale gas, CNPC, SINOPEC, and foreign capital, private capital have intervened exploitation of relevant energy.” Mr. Zhang Xiang, deputy General Manager of SCPSB, said that the settlement of Chengdu Chiwan International Petroleum Base would continually attract upstream and downstream enterprises of energy equipment to locate in Chengdu and promote the industrial development of petroleum equipment of Chengdu, even the whole Western China.