Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction Sinopec Petroleum Machinery Co., Ltd. is the only oil and gas technology equipment research and development, manufacturing, and technical service enterprise of Sinopec. It belongs to the oil and gas equipment and tool manufacturing industry and is a basic and strategic industry that ensures national energy security. The company's main business includes various types of oil and gas development equipment and devices, as well as the development, sales, and testing operation and maintenance services of drill bits, drilling tools, manifolds, valves, downhole tools, instruments and meters. Its leading products cover three major fields: petroleum engineering, oil and gas development, and oil and gas gathering and transportation, covering both land and offshore oil and gas fields. Specifically, it includes oil drilling rigs, cementing equipment, fracturing equipment, workover rigs, coiled tubing operation equipment, pressurized operation equipment, drill bits and drilling tools Underground tools, oil and gas transmission steel pipes, natural gas compressors, oilfield environmental protection equipment, high-pressure fluid control products can provide integrated equipment solutions for petroleum engineering operations, as well as petroleum and petrochemical equipment testing, natural gas pressurization, equipment operation and maintenance services. Oil and gas drilling and production equipment, drill bits and downhole tools, mainly used for oil and gas exploration and development engineering operations; Marine engineering equipment is mainly used for engineering operations such as exploration, extraction, storage and transportation of marine oil and gas resources; Oil and gas transmission steel pipes are mainly used for transporting oil, refined oil, natural gas, and can also be used for urban pipeline network construction; Natural gas compressors are used for gas injection into gas storage tanks such as underground caverns; The integrated solution mainly provides a comprehensive solution for petroleum engineering operations that integrates equipment, tools, full lifecycle services, and financial services. Petrochemical machinery strives to create an integrated advantage in research and development, manufacturing, and service, providing excellent equipment and high-quality services for oil and gas exploration and development. In terms of leading products, the company's drill bits, downhole operation tools, cementing and fracturing equipment, and well repair equipment are at the international advanced level. Oil and gas gathering and transportation equipment such as compressors and steel pipes are at the leading level in China, and drilling equipment is at the forefront in China. In terms of core manufacturing, the company has established 16 production lines, including drill bits, drilling rigs, cementing and fracturing equipment, and steel pipes, based on independent manufacturing. It has 7 professional laboratories, including a 6000hp pump testing center, a key oil and gas drilling laboratory, and a national oil and gas drilling and production equipment quality supervision and inspection center. It has passed international certifications such as API, GOST, and CE, and has established a complete and reliable quality management system. Its core manufacturing capacity is at a world leading level. In terms of marketing services, the company has formed a relatively complete marketing service system in China, and its service capabilities are at an advanced level in the country. As domestic oil service companies continue to promote light asset operations, the demand for some petroleum equipment has shifted from investment to leasing. In response to market demand, petrochemical machinery has carried out leasing business for drilling and production equipment and compressors while ensuring controllable risks and returns. Petrochemical Machinery is committed to promoting the development and progress of oil and gas engineering operation technology, improving the quality, speed, and efficiency of oil and gas engineering operations, providing integrated solutions and full life cycle services, and working together with petroleum engineering enterprises to assist in oil and gas exploration and development, and to "refuel for a better life".
Headquarter Wuhan
Establish Date 9/28/1998
Listed Code 000852.SZ
Listed Date 11/26/1998
Chairman Wang Junqiao.
CEO
Website sofe.sinopec.com

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