Sinopec Oilfield Service Corp - Company Profile
Powered by 
All the sales intelligence you need on Sinopec Oilfield Service Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Sinopec Oilfield Service Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Sinopec Oilfield Service Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Sinopec Oilfield Service Corp (SOSC), a subsidiary of China Petrochemical Corp, is an integrated oil field service company. The company provides integrated services covering the entire value chain of oil and gas field exploration and production. Its portfolio of services includes geophysics services, drilling, logging and mud logging, downhole operation services, and petroleum engineering and construction services. It covers the entire value chain of an oil and gas field including exploration, drilling, completion, oil and gas production, collection and transmission, and well abandonment. It has an operational presence in Central Asia, South Asia, Africa, the Americas, the Middle East, and Southeast Asia regions. SOSC is headquartered in Beijing, China.
Headquarters
China
Address
No. 9, Jishikou Road, Chaoyang District, Beijing, 100728
Website
ssc.sinopec.com
Telephone
86 10 59965998
No of Employees
57,076
Industry
Energy and Utilities
Ticker Symbol & Exchange
600871 (SHA)
Revenue (2024)
$11.2B
-0.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
4.3%
(2024 vs 2023)
Market Cap*
$4.7B
Net Profit Margin (2024)
XYZ
5.1%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Services |
|---|
| Geophysics Services |
| Drilling Engineering Services |
| Logging and Mud Logging Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In June, Sinopec International Petroleum Services Corporation signed a contract with Saudi Arabian Oil Company to build Packages 6 and 7 of the Phase 3 Pipeline Project Clusters of the Master Gas System. |
| 2023 | Regulatory Approval | In March, the company, United Petroleum and RM Parks in a collaboration with Shell Plc secured an approval from Sri Lanka cabinet to lease 450 fuel station. |
| 2023 | Financing Agreements | In March, the company announced to invest in Sri Lanka's southern district of Hambantota. |
Competitor Comparison
| Key Parameters | Sinopec Oilfield Service Corp | Slb NV | Baker Hughes Co | Halliburton Co | NOV Inc |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | United States of America | United States of America | United States of America |
| City | Beijing | Houston | Houston | Houston | Houston |
| State/Province | Beijing | Texas | Texas | Texas | Texas |
| No. of Employees | 57,076 | 109,000 | 54,000 | 46,000 | 31,605 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cheng Zhongyi | Chief Financial Officer; General Counsel; Secretary | Senior Management | 2021 | 48 |
| Wu Baizhi | Chairman | Executive Board | 2024 | 54 |
| Zhang Jiankuo | Director; General Manager | Executive Board | 2024 | 50 |
| Sun Bingxiang | Deputy General Manager | Senior Management | 2021 | 53 |
| Zhang Congbang | Deputy General Manager | Senior Management | 2023 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer