Full Name: China Petrochemical Corporation (Sinopec Group) Founded in July 1983 as China Petrochemical Corporation; restructured into Sinopec Group in July 1998 per national petroleum & petrochemical industrial strategic reorganization; transformed into limited liability company in August 2018.
As a mega integrated energy & petrochemical conglomerate covering full industrial chain of upstream-downstream production, supply, domestic & international trading, Sinopec has registered capital of CNY 326.5 billion, with Board Chairman as legal representative and headquarters based in Beijing. The Group exercises investor’s rights on state-owned assets of its wholly-owned, holding and equity-participated subsidiaries including asset proceeds collection, major decision-making and management appointment, undertaking statutory responsibilities for state asset operation, supervision and value preservation & appreciation.
Ranked among top-tier enterprises on Fortune Global 500 for consecutive years, Sinopec is China’s largest supplier of refined oil and petrochemical products, the world’s No.1 refining enterprise and No.2 chemical manufacturer, with the world’s second-largest gas station network scale.
Sinopec Sales Co., Ltd. and regional provincial branches: Beijing Petroleum, Tianjin Petroleum, Hebei Petroleum, Shanxi Petroleum, Shanghai Petroleum, Jiangsu Petroleum, Zhejiang Petroleum, Anhui Petroleum, Fujian Petroleum, Jiangxi Petroleum, Shandong Petroleum, Henan Petroleum, Hubei Petroleum, Hunan Petroleum, Guangdong Petroleum Branch.
Developed into world-class comprehensive international petroleum engineering technical service provider with diversified global customer base via premium service, differentiated positioning and cost advantages. It has delivered oil & gas engineering operations across over 20 domestic Chinese provinces and executed technical service projects in more than 30 overseas nations, becoming an influential contractor for Saudi Aramco, Kuwait Petroleum Corporation and Ecuador state-owned oil enterprises.
Abbreviated as SEG, Sinopec Engineering is a Sinopec Group-controlled integrated engineering contractor & technology licensor serving domestic and global refining & petrochemical market, ranking among China’s top energy engineering construction enterprises.
SEI, Sinopec Guangzhou(Luoyang) Engineering, Sinopec Shanghai Engineering, Sinopec Ningbo Engineering, Sinopec Nanjing Engineering, Sinopec No.4 Construction, No.5 Construction, No.10 Construction, Sinopec Heavy Lifting & Transportation, SEG Luoyang R&D Center, Sinopec Energy Saving Service, SEG IT Branch.
SEG completed global H-share IPO of 1.328 billion shares at HK$10.5 per share in May 2013, listed on Hong Kong Stock Exchange on May 23, 2013 to access international capital market. It holds authoritative certifications issued by Chinese central ministries, Lloyd’s Register and FIDIC, equipped with multi-level professional talent pool. Leveraging experienced engineering teams and robust technical strength, SEG provides full-spectrum EPC & consulting service covering refining, petrochemical, coal chemical, syngas chemical, environmental and utility engineering for worldwide clients.
Abbreviated as SOFE, Sinopec Oilfield Equipment specializes in R&D, manufacturing, sales and leasing of oilfield drilling equipment, drill bits, tubular goods and natural gas compressors, alongside equipment inspection and new energy hydrogen equipment development.
Drilling tools, downhole accessories and fracturing units reach world-leading standard; compressors and steel pipes take leading domestic position; drilling rigs are among China’s top-tier product lineup. SOFE owns 17 specialized production lines, seven professional labs and national oil equipment inspection center, certified by API, GOST, CE and global quality management accreditation.
With nationwide after-sales service network, SOFE is Sinopec’s exclusive R&D & manufacturing hub for oilfield machinery and hydrogen energy equipment base, a state-certified innovative enterprise with prominent domestic R&D capability and global product competitiveness.
