Part Energy Group

What Part Energy Group does

Part Energy Group operates under the Peak Edge Energy brand as a B2B supplier and technical service provider serving the oil and gas industry, with a regional focus on the Middle East. The company supplies mineral and chemical materials used in drilling mud and cement operations, including drilling fluid additives, cement additives, acidizing agents, fracture materials, and IOR/EOR (Improved/Enhanced Oil Recovery) chemicals. It also distributes and services drilling mud and cement laboratory equipment as the exclusive representative of Shenyang Taige Oil in the Middle East, offering installation, calibration, maintenance, and spare parts support.

Beyond product supply, Part Energy Group delivers engineering consulting and laboratory services. Its consulting portfolio covers reservoir stimulation (acidizing, hydraulic fracturing, gas injection), EOR/IOR project design (thermal recovery, CO2/N2 injection, polymer/surfactant/ASP flooding), additives selection, well problem diagnostics, and advanced well cementing solutions. The company runs API-compliant laboratory testing and field simulation services to validate material and equipment performance. It also offers desulfurization services for petroleum products.

The business operates on a direct sales model with quote-based pricing tailored to project requirements and multi-year contracts. Revenue is generated through three streams: one-time sales of chemicals and mineral materials, hardware sales of laboratory equipment with after-sales service, and professional services for consulting and laboratory testing. Customers are primarily Middle Eastern oil and gas operators, oilfield service companies, and petroleum engineering firms. The company is headquartered in Famagusta, North Cyprus, with 11-50 employees, was founded in 2019, and remains privately held with no disclosed funding, revenue, or institutional ownership.

Name

Part Energy Group

Legal name

Part Energy Group

Website

https://partep.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Part Energy Group (Peak Edge Energy) supplies drilling chemicals, cement additives, and laboratory equipment—exclusively representing Shenyang Taige in the Middle East—while offering EOR/IOR consulting, API-compliant lab testing, and reservoir stimulation services to oil and gas operators.

Ownership category

akta.pro rank

Product category

Oilfield Chemicals & Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313), Support Activities for Mining (2131)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Oilfield & Refining Specialty Chemicals (IMAEABAI)

akta.pro secondary industries

Pressure Pumping & Stimulation (Hydraulic Fracturing, Acidizing) (EUALABAF), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Oil & Gas Water Treatment & Production Chemicals (IMAEAJAI)

Keywords

• Oilfield chemicals
• Drilling fluids supply
• Cementing equipment
• Enhanced oil recovery
• Reservoir consulting

Headquarters

HQ city

Famagusta

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Chemical and Mineral Materials Sales: Supply and sales of mineral and chemical materials for oil and gas industry including drilling mud chemicals, cement additives, acidizing agents, fracture materials, and IOR/EOR operation materials.
2. Laboratory Equipment Sales and Service: Sales of drilling mud and cement laboratory equipment from Shenyang Taige, including repair, maintenance, calibration, and spare parts supply services.
3. Consulting and Engineering Services: Research and engineering consulting services for oil and gas sector, including specialized EOR and IOR project design, reservoir analysis, and stimulation consulting.
4. Laboratory Testing Services: API-compliant laboratory services to assess quality and performance of materials and equipment, including field simulation and API testing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Part Energy Group (Peak Edge Energy) supplies oilfield chemicals, minerals, drilling mud additives, stimulation products (acidizing, fracturing), and cementing laboratory equipment to oil and gas operators in the Middle East. As the exclusive regional representative of Shenyang Taige Oil, the company also delivers repair, maintenance, calibration, and spare parts services for laboratory equipment, alongside API-compliant laboratory testing, reservoir stimulation consulting, and EOR/IOR project design services.

Product overview

Part Energy Group operates under the Peak Edge Energy brand as a diversified oil and gas service company offering a unified portfolio of products and services. The core offerings include: (1) Physical products - drilling fluids, drilling mud chemicals, stimulation products, and specialized equipment (cementing equipment, viscometers, slurry instruments, foamed cement systems) sourced primarily from Shenyang Taige; (2) Technical services - consulting engineering for reservoir stimulation, EOR project design, field analysis, API testing, equipment calibration, and after-sales support; (3) Desulfurization services for petroleum products. The company positions itself as a one-stop solution provider, combining product supply with technical consulting and laboratory services to serve the complete drilling and production lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

• Peak Edge Energy: Trading name and brand identity for the company's chemicals, minerals, and services operations in the oil and gas industry.

Products and services

• Stimulation Products Oilfield chemical stimulation products used to enhance hydrocarbon flow from reservoirs, including acidizing agents and fracturing materials for oil and gas operators.
• Drilling Fluid / Drilling Mud Chemicals Chemical additives and drilling mud products for oil drilling operations, including viscosity control agents, shale inhibitors, and fluid loss reduction solutions.
• Oil Well Cementing Equipment Testing and cementing equipment for oil well operations, including laboratory testing devices sourced from Shenyang Taige Oil, sold as the exclusive representative in the Middle East.
• Drilling Liquid & Slurry Instruments Test instruments for analyzing drilling liquids and slurry properties in laboratory settings for oilfield operators.
• Viscometers Viscosity measurement instruments for testing drilling fluid and cement properties in oilfield laboratory applications.
• Foamed Cement Mixed System Equipment and systems for preparing and testing foamed cement mixtures for well cementing operations.
• Custom Products Custom-designed products tailored to specific client requirements in the oil and gas industry.
• Reservoir Stimulation Consulting Consulting services for reservoir stimulation including acidizing, hydraulic fracturing, and gas injection techniques to enhance oil and gas production.
• Desulfurization Services Sulfur removal solutions for petroleum products including natural gas, diesel, fuel oil, and refinery residues using hydrodesulfurization and adsorption techniques.
• Advanced Additives Selection Guidance Consulting for selecting optimal drilling additives including polymers, barite, bentonite, and lost circulation materials (LCMs) for specific geological conditions.
• Well Problem Equipment Selection Consulting services for selecting suitable equipment and materials to address well problems including fluid loss, wellbore blockages, and gas leaks.
• EOR Project Design Enhanced Oil Recovery project design services including thermal recovery, gas injection (CO2, N2), and chemical injection (polymer, surfactant, ASP flooding) methodologies.
• Field Simulation API Testing Field simulation and API (American Petroleum Institute) testing services to evaluate material and equipment performance under real-world operational conditions.
• Calibration and Maintenance of Laboratory Equipment Precision calibration and maintenance services for drilling mud and cement laboratory equipment to ensure accuracy and reliability, including periodic inspections and spare parts supply.
• Advanced Well Cementing Solutions Comprehensive well cementing solutions including cement type selection, additive optimization, and pumping program design for effective zonal isolation.

Quantifiable outcome

• CO2 injection can achieve recovery rates of up to 68% of OOIP compared to approximately 12% with conventional waterflooding
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Shenyang Taige OilcoreChannel Partner/ Reseller/ DistributorPeak Edge Energy/Part Energy Group serves as the exclusive representative of Shenyang Taige Oil in the Middle East region. This partnership enables the company to supply, install, repair, maintain, calibrate, and provide spare parts for Shenyang Taige drilling mud and cement laboratory equipment. The relationship is central to the company's equipment distribution and service business.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Schlumberger (SLB): Global oilfield services leader covering drilling fluids, cementing, stimulation, and advanced EOR/IOR consulting. Directly competes with Part Energy's chemistry, lab/equipment, and reservoir consulting offerings, particularly in the Middle East.
• Halliburton: One of the world's largest oilfield services companies with a deep drilling fluids, cementing, stimulation, and EOR portfolio. Competes with Part Energy across multiple product lines (drilling mud chemicals, cement additives, acidizing) and could potentially internalize the kind of distribution role Part Energy plays for Shenyang Taige.
• Baker Hughes: Major oilfield services and industrial energy technology company with substantial oilfield chemistry, stimulation, and production chemistry operations. Overlaps with Part Energy's drilling/stimulation chemicals and reservoir services across the Middle East.

Direct peers

• Flotek Industries: Chemistry-focused oilfield services and data analytics company with a portfolio spanning drilling and production chemistry. Comparable niche specialty-chemicals positioning to Part Energy.
• Clariant Oil Services: Specialty chemicals business unit of Clariant focused on oilfield production chemistry, including drilling, stimulation, and EOR chemistries. Direct overlap with Part Energy's PHPA and stimulation product lines.
• Newpark Resources: Provides drilling fluids, completion fluids, and related services primarily to the oil and gas industry. Strongly comparable as a smaller-scale, drilling-fluids-focused peer with international operations.
• Weatherford International: Oilfield services company with a strong Middle East footprint offering drilling fluids, cementing, and stimulation services. Closely comparable to Part Energy's chemical supply plus equipment-services bundle in regional upstream markets.
• ChampionX (now part of SLB): Specialty chemistry and production technology provider focused on upstream oil and gas, including EOR chemistries and artificial lift. Directly comparable to Part Energy's specialty chemical and EOR/IOR consulting offering.
• Tetra Technologies: Diversified oilfield services and chemicals company with exposure to completion fluids, water management, and production chemicals. Compares to Part Energy's chemicals-plus-services positioning in upstream markets.

Emerging players

• Stepan Company: Specialty chemicals manufacturer supplying surfactants and polymers used in EOR and oilfield applications. Comparable at the chemistry-input level for the kind of stimulation and EOR formulations Part Energy supplies and consults on.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/part-energy-group

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Part Energy Group