NewOcean Energy Holdings Limited is an investment holding company principally engaged in the sales and distribution of liquefied petroleum gas (LPG) and natural gas (NG), oil products business and sales of electronic products. The Company operates through three main segments. The Sales and Distribution of LPG segment is mainly engaged in the sales of LPG to various customers. The Oil Products Business segment is mainly engaged in the sales of oil products to both wholesaler and retailer customers, as well as leasing of oil vessels. The Sales of Electronic Products segment is mainly involved in the trade of electronic products, such as integrated circuit and mobile phones.