| 10.1997 |
CPMEC
reached to its strategic decision of setting up a regional
organization in the Persian Gulf as a base to provide
logistic services and support for its projects in the
Middle East and Africa. |
| 12.1997 |
A
Feasibility Study Report was submitted to the highest
Management of CNPC & CPMEC for approval after an extensive
site visits and investigations performed in Bahrain, Dubai
and Abu Dhabi. |
| 02.1998
|
CNPC
& CPMEC approved the proposal of the company registration.
The new company was named COMECO (China Oil Material &
Equipment Company). Mr.Xinghe Liu was elected as Chairman
of COMECO. |
| 03.1998
|
Jennifer
Zhang was appointed as Managing Director and Yumin Yang
as Project Manager for Middle East Market. Both started
COMECO set-up procedures with the assistance of legal
consultant KPMG Bahrain. |
| 04.1998 |
COMECO E.C was registered in Bahrain Ministry of Commerce
with Company Registration No. CR. 40488. The office was
located in Villa 27, Entrance 2187, Wali Ahd Highway,
Block 1014, Hamala, Bahrain. |
| 05.
1998 |
COMECO
started providing the procurement services to its customers
in Sudan project soon after its set-up. The first shipment
of 5,000 tons cargo was delivered. |
| 06.
1998 |
COMECO
started providing financial services to customers. Since
then and up to 2001, with total of 70 Million US Dollars
banking turn-over was achieved. |
| 09.1998
|
COMECO
started to provide transportation service to its customers.
Up to June 2000, 50,000 MT of different cargoes with total
value over 40 Million US Dollars have been transported
by sea, air and land to the remote project sites in Africa
and Middle East. |
| 11.1998 |
COMECO was appointed as the sole agent for Systron Power
Systems PTE Ltd. (Singapore) for China, Middle East and
Africa. |
| 02.1999
|
COMECO
was appointed as the sole agent for Orban Industries Ltd.
(Canada) for Africa and Middle East. |
| 08.
1999 |
COMECO
was appointed by Khartoum Refinery Co Ltd. as the sole
agent for inquiries and procurement for the Middle East,
Europe and Africa. |
| 09.
1999 |
COMECO
obtained dealership authority from Abdullah Hashim Industrial
Gases and Equipment Co. Ltd (Saudi Arabia) and Basic Chemical
Industries Ltd (Saudi Arabia). |
| 10.1999
|
Mr.
Yong Zhou joined COMECO as Project Manager for African
Market. |
| 11.
1999 |
COMECO obtained dealership authority from BDH Laboratory
Supplies (UK) and Saudi Arabia Lubricating Oil Co. (Saudi
Arabia). |
| 11.1999 |
COMECO
moved to new location situated in Tubli, Bahrain. |
| 12.1999
|
COMECO's total turn over reached up to 10 Million US Dollars. |
|
05.2000 |
Ernst & Young finalized COMECO's audit reports for
the Fiscal Years 1998 & 1999. |
| 07.2000 |
Louise
Lu joined COMECO as Commercial Manager. |
| 08.2000 |
COMECO
set up its homepage on the internet.
Please view COMECO at
http://www.come-co.com |
| 09.2000 |
COMECO
obtained Dealership Authority from Morgan Thermal Ceramics
(Singapore). |
| 10.2000 |
Mr.Liandong
Liu joint COMECO as Chief Representative of Africa Office
|
| 01.2001 |
Mr.Leslie
Xu joined COMECO as Project Manager
|
| 10.2001 |
COMECO
EUROPE B.V. was registered in the Netherlands. |
| 02.2002 |
COMECO
moved to its new Office Location in Bahrain. |
| 02.2002 |
COMECO
Europe B.V. come into operation in Rotterdam, the Netherlands.
Mr.Yong Zhou and Ms. Louise Lu were transferred to COMECO
Europe B.V. as Project Manager and Commercial Manager |
| 09.2002 |
Ms.Rachel
Ren joint COMECO E.C. as Commercial Manager. |
| 04.2003 |
Mr.David
Wang joint COMECO E.C. as Project Manager. |
| 09.2003 |
Ms.Maggie
Su joint COMECO E.C. as Project Manager. |
| 11.2004 |
Mr.John
Song joint COMECO as Project Manager. |
