Uzma wins Mongolian block

摘要

Malaysia's Uzma Engineering has landed a stake in the Baiyin Chagan Block in China's Inner Mongolia region - marking its first steps into the exploration and production business.Uzma has agreed to take a 35% stake in Hong Kong's Oriental Motors,which holds a 70% stake in the joint venture developing the field.China's Hefei XinXing Petrochemicals has the remaining 30% in the block.