- CEO
- Jiankuo Zhang
- Full Time Employees
- 60,162
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Address
- No.9, Jishikou Road Beijing BE People's Republic of China 100728
- IPO Date
- Sep 25, 2012
- Business
- Sinopec Oilfield Service Corporation (SSC), a subsidiary of China Petroleum & Chemical Corporation (Sinopec Group), provides integrated petroleum engineering and technology services primarily to oil and gas exploration and production companies. Founded in 1998 and headquartered in Beijing, the company operates through five core segments encompassing geophysics including seismic data acquisition and processing; drilling engineering with onshore and offshore capabilities such as complex structure wells and well factory patterns; logging and mud logging featuring SINOLOG900 Image Logging System and conveyance in horizontal casings; downhole services like special operations, well completion, maintenance, and fracturing with high-pressure units; and petroleum engineering and construction covering pipelines, facilities, oil and gas gathering, anti-corrosion, and infrastructure development. SSC delivers full-chain services from exploration and drilling to production enhancement and well abandonment, with advanced technologies in high acid gas reservoirs, shale gas, coalbed methane, ultra-deep wells exceeding 8000 meters, and offshore operations in shallow waters. The company maintains a global footprint across China, Africa including Algeria, Chad, Nigeria, and Kenya; the Americas in Mexico, Ecuador, Bolivia, Brazil, and Saudi Arabia wait no, Saudi is Middle East; Central Asia; South Asia in Pakistan, Bangladesh; Southeast Asia in Indonesia, Myanmar; and the Middle East as the largest onshore drilling contractor for Saudi Aramco and Kuwait's KOC. In recent developments, SSC signed new contracts worth RMB 61.68 billion in 2024, a record high up 38.6% year-on-year alongside a 38.6% net profit increase to RMB 450 million; expanded internationally with projects like Mexico's Ebano integrated oilfield services, Ecuador's TIPUTINI drilling, and Saudi Arabia's Dammam roads; provided performance guarantees for joint ventures such as Mexico DS Company amid EBANO oilfield growth; and advanced R&D with breakthroughs in nine core technologies including high build-up rate drilling and static thrust trajectory control as of 2024.