Tag Archives | Hermic

Chinese Firm Suspected of Fraud

By John Lee. China's Caixin has reported that the Missan Oil Company (MOC) has suspended all activities of a company called Hermic, an oilfield service company controlled by former executives of the China National Petroleum Corp. (CNPC). Hermic is said to have won at least¬†12 engineering outsourcing contracts worth US$75 million from CNPC at the […]