About Us
Incorporated in 1983, Magnus Energy Group Ltd. Magnus began its humble roots as a sub-contractor undertaking electrical installations. 
In a span of 20 years, Magnus has built an established track record as a provider of quality and reliable mechanical and electrical engineering services. With the stiff operating conditions & cyclical nature of the construction business, a strategic decision was made in 2003 to shift its business focus. Over the past 18 months, Magnus has taken significant strides in transforming from a M&E Company to become a major regional player in the oil, gas and energy industry. The main core business of Magnus and its subsidiaries today comprises oil and gas equipment distribution and coal mining; and it has established a presence in China, Indonesia and Australia. Read in the proper context of the progress we have made, the financial performance for the past year is, therefore, simply the prologue. The main story begins now. We are excited by what the present and the future holds and the challenge of what we envision our Group will become.
AnnouncementsRead our recent company announcements and search the archive for historic articles. Read more...
Annual Reports The Magnus Annual Report provides a comprehensive overview of Magnus activities over the past year . Read more...
Crude Oil Production Division
In October 2006,Magnus Group acquired 75% equity interest in Songyuan Yongda Oilfields Exploration and Technology Co.Ltd. 
Yongda is a PRC-based oil and gas company engaging in the development of oilfields and production of crude oil in Jilin Province in the People’s Republic of China (PRC). It was granted a 20 years exclusive right in 1999 by China National Petroleum Corporation (CNPC) to develop 17 sq km of oilfields located in the Jilin Province, China. This acquisition has made Magnus the first Singapore listed company to own producing oil concessions in China.
