- CEO
- Qi Ang Liu
- Full Time Employees
- 4,745
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Building A2, Financial Port Wuhan HB China 430205
- IPO Date
- Nov 26, 1998
- Business
- Sinopec Oilfield Equipment Corporation (000852.SZ), founded in 1973 and headquartered in Wuhan, China, engages in the research, development, manufacture and service of oil and gas equipment primarily for drilling, production, transportation and offshore engineering applications in China and internationally; its core products and services encompass drilling rigs, cementing units, fracturing units, workover rigs, coiled tubing units, snubbing units, drill bits and tools including cone bits and diamond bits, downhole tools, steel pipes, natural gas compressors, oilfield environmental protection equipment, flow control products, petroleum integrated solution equipment, petroleum and petrochemical inspection equipment, natural gas pressurization equipment, hydrogen energy equipment, chemical equipment, collection and transportation equipment, and repair and maintenance services, with a focus on hydrogen production, hydrogenation and digital solutions as a key Sinopec Group subsidiary and hydrogen energy equipment manufacturing base. The company, formerly known as Kingdream Public Limited Company until its name change in July 2015, operates within the oil and gas equipment manufacturing and service sector, serving domestic and overseas markets including petroleum engineering, exploration and production, gathering and transportation. Recent developments include strengthened positioning as Sinopec's sole oil and gas equipment R&D and manufacturing service center with leading domestic capabilities in new energy equipment, alongside participation in broader Sinopec Group initiatives such as major equipment procurement contracts signed at the China International Import Expo (CIIE) in 2025 totaling US$40.9 billion across categories including equipment.