Home › China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge
 

Keywords :   


China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge

2016-04-01 05:27:29| Oil & Gas - Topix.net

Sinopec Oilfield Service, whose biggest customer is China's second largest oil and gas producer Sinopec - has turned its focus to the overseas market and domestic natural gas projects for growth, as low oil prices cut domestic oil drilling work volumes and saw it post a loss last year. The drilling and construction services arm of state-owned China Petrochemical - parent of listed Sinopec - is aiming for overseas business to contribute up to 35 per cent of its revenues by 2020, up from 23 per cent last year.

Tags: work growth gas oil

Category:Energy and Environment

Latest from this category

All news
17.06Managing a Small Business Through Growth & the Current Economy
17.06How Solid Waste Contracting Will Adapt to the Circular Economy
17.06How to Secure Federal Funding for Sustainable Materials Management
17.06Wasted Food Solutions and Edible Food Recovery Programs for Commercial, Institutional, and Governmental Organizations; ROI of Food Rescue
17.06Comprehensive Solutions to Improve Wasted Food Management and Meet ESG Goals
17.06Achieving Food Waste Reduction through Cross-Sector Collaboration: Lessons from the Pacific Coast Food Waste Commitment
17.06Federal Food Loss and Waste Reduction Initiatives
17.06Not Your Average Food Recovery Program
Energy and Environment »
18.06Potential Tropical Cyclone One Graphics
18.06Atlantic Tropical Weather Outlook
18.06Potential Tropical Cyclone One Public Advisory Number 2A
18.06Summary for Potential Tropical Cyclone One (AT1/AL012024)
18.06Eastern North Pacific Tropical Weather Outlook
18.06Apple scraps its Pay Later loan scheme in US
18.06Potential Tropical Cyclone One Public Advisory Number 2
18.06Summary for Potential Tropical Cyclone One (AT1/AL012024)
More »