Sinopec raises oilfield services game

Chinese state-owned Sinopec Group on Friday launched a new oilfield services division to compete for global engineering and construction business, with a possible stocklisting lined up for the unit.

Rival: Sinopec is looking to take on the likes of Saipem for engineering and construction work
Rival: Sinopec is looking to take on the likes of Saipem for engineering and construction work
Published 28 December 2012, 10:00Updated 11 October 2016, 10:36
Asia & Oceania