i-wize oil is an independent exploration, production company which has experience drilling for oil in the Caribbean. The company specializes in heavy to light oil technology, oil field development and exploration and production as well as other energy infrastructure development. i-wize oil has been exploring new areas of business and establishing more relationships with industrial leaders from China and many influential global players in this dynamic energy environment. i-wize oil has been strategically pivoting to China in recent years.
i-wize oil furnished Saudi Aramco with a $5 billion LOI given to i-wize oil by the China Development Bank to fund a desulfurization project with the overall goal to create 3.5 million barrels per day of new oil production estimated to cost up to $50 billion USD. If approved by Aramco, i-wize oil will implement its proprietary Desulfurization Heavy to Light crude upgrading technology in this exciting project. i-wize oil has been conducting discussions with many contacts in the GCC region about i-wize oil’s overall regional project goals. A contact of i-wize oil’s executive management team met with King Salman & Mohammed Bin Salman in March 2019. It is well known that i-wize oil Emirates is partially owned by the advisor and first born son of the President of the United Arab Emirates and the Emir of Abu Dhabi. The President is the half brother of Mohammed bin Zayed Al Nahyan.
We are growing our global vision by creating strategic partnerships with companies such as JSC Petroleum Gas, owner of the largest oil field discovered in Russia in the last 20 years, Beijing Petrochemical, Anton Oil Field Services, Complant & SDIC. Through these relationships, i-wize oil is able to provide a wider range of “best in class” services to national oil companies from exploration through production, hydrocarbon recovery, downstream solutions, and environmental solutions. i-wize oil is also working to provide clients the ability to leverage our relationships with world leading global equity and debt funding sources combined with the capability of structuring long term product off-take agreements. i-wize oil’s goal is to provide clients with attractive business solutions that are more competitive than any other company and create strategic relationships who can provide financing in today’s extremely.