What is the background of the establishment of Sinopec Petroleum Engineering Technology Service Co., Ltd.?

201212 On February 28th, the unveiling ceremony of China Petrochemical Petroleum Engineering Technology Service Co., Ltd. was held in Beijing. After reorganization, China Petrochemical Petroleum Engineering Technology Service Co., Ltd. is a wholly-owned subsidiary of China Petrochemical Group, the only comprehensive contractor and technical service provider engaged in petroleum engineering business and participating in global competition in China Petrochemical, and also the largest comprehensive petroleum engineering service company with the most complete industrial chain and professional categories in China. Fu Chengyu, Chairman of sinopec group, and Ji Xiaonan, Chairman of the Board of Supervisors of the State Council Petrochemical Corporation, unveiled the new company.

The specialized reorganization of petroleum engineering sector is the biggest reform and reorganization of China Petrochemical Group since it was listed at 200 1 in 2000. This is an important step for the company to start a new round of reform in the new period and stage, and promote the comprehensive and coordinated development of all business sectors. It marks a new step for China Petrochemical to deepen reform and promote professional development, marks the construction journey of China Petrochemical Specialized Company to a modern enterprise, and marks the reform of China Petrochemical's surviving enterprises. Through professional reorganization, the petroleum engineering sector of China Petrochemical Company will change its overall development mode, vigorously promote system innovation, strengthen scientific and technological innovation and talent team construction, take the road of specialization, high-end and internationalization, pay more attention to building core competitiveness, enhance international competitiveness, and build a world-class petroleum engineering technology service provider.

China Petrochemical's petroleum engineering enterprises started at the same time as China's petroleum industry. After more than half a century of development, especially in recent years, the field of petroleum engineering has actively promoted technological and management innovation, vigorously explored external markets and overseas markets, and achieved its own rapid development. Formed a characteristic technology, proprietary technology and standard system covering the whole industrial chain of petroleum engineering; Accumulated practical and effective management experience; It has cultivated an "Iron Army" of petroleum engineering that inherits the iron man spirit and laid a good foundation for promoting the continuous development of petroleum engineering.