Is the Middle East Branch of China Petroleum Engineering Construction Company an overseas enterprise?

It is an overseas enterprise. According to China Petroleum Encyclopedia, on June 20th, 2008,2065438 UAE time, PetroChina held a meeting in PetroChina Building in Dubai and announced the establishment of a Middle East branch. This is a reform and innovation exploration made by China Petroleum Group according to its own development strategy, international business development direction and the current situation in the Middle East, and it has taken the first step to actively build a global market network, strive to improve the market development system and set up domestic and foreign branches in an orderly manner. Therefore, China Petroleum Engineering Construction Company Middle East Branch is an overseas enterprise.