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Sinopec Oilfield Service Corporation (YZCFF)

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Sinopec Oilfield Service Corporation

No. 9, Jishikou Road
Chaoyang District
Beijing 100728
China
86 10 5996 5998
https://ssc.sinopec.com

Sector(s)Energy
IndustryOil & Gas Drilling
Full Time Employees63,392

Key Executives

NameTitlePayExercisedYear Born
Mr. Xikun ChenExecutive Chairman151kN/A1966
Mr. Zhongyi ChengCFO & Secretary to the Board120.19kN/A1976
Mr. Bingxiang SunDeputy General Manager119.11kN/A1972
Mr. Kun DuDeputy General Manager117.65kN/A1978
Mr. Congbang ZhangDeputy General ManagerN/AN/A1971
Mr. Yulong YangHead of Accounting and Manager of Asset & Accounting DepartmentN/AN/AN/A
Mr. Zehong ShenCompany SecretaryN/AN/A1979
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sinopec Oilfield Service Corporation provides petroleum engineering and technology services. It operates through six segments: Geophysics, Drilling Engineering, Logging and Mud Logging, Special Down-Hole Operations, Engineering Construction, and Others. The Geophysics segment offers terrestrial and marine geophysical exploration, development, and technical services. The Drilling Engineering segment provides land and ocean drilling design, construction, and technical services, as well as drilling instrumentation. The Logging and Mud Logging segment offers land and ocean project contracting and technical services for collection, monitoring, transmission, and processing and interpretation, as well as engages in the evaluation of wellbore oil and gas, geology, and engineering information. The Special Down-Hole Operations segment provides oil engineering technical and construction services, including oil testing, well repair, and lateral drilling, as well as fracturing, acidizing, and oil assignments. The Engineering Construction segment engages in the provision of various services, such as feasibility studies; design, procurement, and construction services for onshore and offshore oil and gas fields, long-distance pipeline projects, oil and gas transporting process projects, storage and transportation projects, petrochemical supporting projects, LNG projects, building construction, water resources and hydropower, ports and waterways, electricity transmission, and distribution projects; manufacturing of pressure vessels; and coal chemical engineering, geothermal utilization, energy saving, and municipal roads and bridges. The company was formerly known as Sinopec Yizheng Chemical Fibre Company Limited and changed its name to Sinopec Oilfield Service Corporation in March 2015. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation.

Corporate Governance

Sinopec Oilfield Service Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.