NewOcean Energy Holdings Ltd. is an investment holding company, which engages in the sale and distribution of liquefied petroleum gas (LPG), oil products business, and sale of electronic products. It operates through the following segments: Sales and Distribution of LPG, Oil Products Business, Sales of Electronic Products, and Sales and distribution of NG. The Sales and Distribution of LPG segment refers to the distribution of LPG to industrial customers, auto-gas operators, overseas wholesaler customers, bottled LPG end users, auto-gas end-users. The Oil Products Business segment refers to the sale of oil products to both wholesaler and retailer customers and leasing of oil vessels. The Sales of Electronic Products segment engages in the trading of electronic products such as integrated circuit and mobile phones. The Sales and distribution of NG segment relates to the sales and distribution of NG industry. The company was founded on March 3, 1993 and is headquartered in Hong Kong.