Sinopec Oilfield Equipment Corporation

Company Profile

Sinopec Oilfield Equipment Corporation is committed to "intelligent manufacturing of the pillars of a great power, serving energy safety". We are the only one in the Sinopec Group focusing in oil and gas equipment R & D and manufacturing service center, hydrogen energy equipment manufacturing base, the first batch of innovative enterprises. We have developed into an oil and gas and new energy equipment enterprise with domestically leading research and development strength, complete product categories, and international competitiveness. The company's core competitiveness are mainly reflected in the following four aspects. 1. Strong scientific and technological innovation capability For a long time, Sinopec Oilfield Equipment Corporation adhere to the principle of technology-oriented, user-centered, open cooperation and talent-based, establishing various R&D platforms, such as the national recognized enterprise technology center, academician expert workstation, postdoctoral research workstation, the national drilling and production standard Committee cementing equipment standard work department, Sinopec petroleum machinery equipment key point laboratory and so on. We played a key role in the completion of the "Twelfth Five-Year" and "Thirteenth Five-Year" national science and technology major projects, national key research and development plan and other major scientific research projects,providing strong technical equipment support to speed up oil and gas development, production, cost reduction . We are the national manufacturing champion of three kinds of products, fracturing equipment, drill bit and bridge plug. We are entitled as the compressor localization base and the national “professional specialized and innovative” enterprise. In recent years, the company has been granted the National Science and Technology Progress Award, the National Technological Invention Award, the National Intellectual property protection demonstration enterprise with typical cases, and the number and conversion rate of patents are in the forefront of the industry. 2. Complete key manufacturing, systematic assembly and high level of testing capabilities Sinopec Oilfield Equipment Corporation has 17 production lines including plunger pump, high pressure manifold, oil and gas steel pipe, PDM drilling tool, assembly lines including drilling and workover rigs, cementing equipment, natural gas compressor, hydrogen energy equipment and other large equipment. The company is certified by the National Enterprise Technology Center, the National Engineering Research Center, the National Drilling and Production Standard Committee of the cementing equipment standard work Department, the national Oil and gas drilling and production equipment quality inspection and testing center and the professional offshore oil equipment testing organization qualification. We have also obtained the API/ISO9001 quality system certification. The company adheres to the philosophy of relying on quality and trust, builds first-class test facilities, fully references international standards, promotes traditional industries with advanced technologies, strengthens quality control with complete testing and experiment mechanisms, and establishes production and operation information platform based on PLM/MES/ERP and independently developed SOFElink remote operation and maintenance platform. 3. Stable and professional management team and continuous improvement of talent incentive mechanism The company’s management team have been deeply engaged in the oil and gas field for many years, and have deep emotional connections with the company. They have a strong understanding of the development trend of the industry, the development direction of products and technologies, and market changes, etc. At the same time, they have accumulated rich theoretical and practical experience in scientific and technological research and development, production management, customer development and other aspects, and are highly sensitive and forward-looking in the field of oil and gas equipment. We maintain a long history of close contact with China’s three largest oil companies. The stable and professional management team constitutes the outstanding management advantage of the company and lays a solid foundation for the high-quality development of the company. The company has comprehensively deepened the reform of labor and salary distribution mechanism, established a good talent incentive mechanism, and enhanced team cohesion and corporate connection with employees through mechanism such as term system, contractual management and equity incentive. The motivation of the whole staff towards high quality development has added infinite vitality to the company. 4. Develop the capacity of new energy equipment industry Sinopec Oilfield Equipment Corporation adheres to the "double carbon" policy opportunity, based on the company's technology and manufacturing advantages, closely follows the clean energy strategy of the controlling shareholder Sinopec Group, and provides users with key equipment products, technologies and services in professional fields such as hydrogen production, hydrogen transport and HRS. The company has developed the first 90MPa Hydraulic piston driven hydrogen compressor and CO2 compressor for hydrogen refueling station in China, and has the capability of integrated equipment solution for hydrogen refueling station and research and development capability of small PEM hydrogen production equipment, and actively seeks to become the main supplier of the first pure hydrogen large-diameter long distance pipeline steel pipe in China. With excellent technical strength and manufacturing capacity, we hace been awarded as "Sinopec Hydrogen Equipment Manufacturing Base".