China Petroleum Engineering Co. Ltd. (600339)

Overview

China Petroleum Engineering Corporation (CPEC) specializes in a wide range of petrochemical engineering services, catering to the oil and gas industry's needs. The company's expertise encompasses a variety of sectors including oil and gas field surface engineering, natural gas liquefaction, and offshore petroleum engineering platform construction. CPEC is recognized for its comprehensive involvement in the construction of onshore and offshore pipeline projects, chemical oil storage depots, oil refining, chemical engineering, and LNG receiving storage gasification engineering construction projects. Additionally, CPEC offers services in environmental engineering, textile, and chemical fiber engineering. Initially founded as Xinjiang Dushanzi Tianli High and New Tech Co., Ltd. in 1999, the company underwent a name change to China Petroleum Engineering Corporation in February 2017. Headquartered in Beijing, the People's Republic of China, CPEC operates as a subsidiary of the China National Petroleum Corporation, one of the country's leading energy conglomerates.

Products and Services

• Oil and Gas Field Surface Engineering: CPEC designs and constructs facilities for the processing, storage, and transportation of oil and gas products.
• Natural Gas Liquefaction Engineering: The company specializes in the construction of facilities that cool natural gas to a liquid state, facilitating its storage and transportation.
• Offshore Petroleum Engineering Platform Construction: CPEC constructs platforms for oil and gas exploration and production in offshore environments.
• Onshore and Offshore Pipeline Projects: The company is involved in the design and construction of pipelines for the efficient transport of oil and gas.
• Chemical Oil Storage Depots: CPEC develops storage solutions for chemical and petrochemical products, ensuring safe and efficient handling.
• Oil Refining and Chemical Engineering: The company provides services in the refinement of crude oil into usable products and the development of chemical processing plants.
• LNG Receiving Storage Gasification Engineering Construction: CPEC constructs facilities for the reception, storage, and regasification of liquefied natural gas (LNG).
• Environmental Engineering: CPEC engages in the creation of solutions that mitigate environmental impact, focusing on sustainability in engineering projects.
• Textile and Chemical Fiber Engineering: The company extends its expertise to the construction and management of textile and chemical fiber production facilities.
• Project Management Business: This encompasses a broad spectrum of services including consulting, project management, equipment manufacturing supervision, design and construction supervision, as well as safety and environmental supervision.