Table of Contents
Table of Contents 3
List of Tables 7
List of Figures 8
China Petroleum & Chemical Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
China Petroleum & Chemical Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 10
China Petroleum & Chemical Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
China Petroleum & Chemical Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 12
China Petroleum & Chemical Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 13
China Petroleum & Chemical Corp, Oil & Gas, Deal Details 17
Asset Purchase 17
Sinopec Completes Acquisition Of 15% Stake In Natural Gas Shale Assets And Pacific NorthWest LNG Facility From Petronas 17
Sinopec Completes Acquisition Of 33% Stake In Egyptian Oil And Gas Business Of Apache For US$2.95 Billion 19
Sinopec International Completes Acquisition Of 50% Interest In 850,000 Net Acres In Mississippi Lime Play In Oklahoma From Chesapeake Energy For US$1,020 Million 21
Addax Petroleum Plans To Acquire Oil And Gas Assets In UK North Sea 23
ConocoPhillips To Sell Interest In Oil And Gas Fields In Nigeria For Up To US$2.5 Billion 24
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For US$2.44 Billion 26
Partnerships 28
Sinopec Forms Joint Venture With China Gas Holdings 28
Sinopec Forms Joint Venture With China Petrochemical 29
BP Forms Joint Venture With Sinopec 30
Weatherford To Form Joint Venture With Sinopec And Shengli Highland Petroleum 31
Fortune Oil And Sinopec Form Joint Venture For SPM Terminal 32
Lakes Oil Signs MoU With China Shengli Oilfield Longxi Petroleum Engineering Company 33
NewOcean Forms Joint Venture With Sinopec 34
Sinopec Gas Plans To Form Natural Gas Pipelines Joint Venture With Hebei Construction 35
Sinopec Hongkong Forms Joint Venture With Tiptop Energy 36
Equity Offering 37
Sinopec Oilfield Completes Private Placement Of Shares For US$573.4 Million 37
Sinopec Oilfield Completes Private Placement Of Shares For US$607.4 Million 38
Sinopec Oilfield Completes Private Placement Of Shares For US$632.9 Million 39
Sinopec Marketing Rumored For IPO Of Shares 40
Sinopec Oilfield Service Completes Private Placement Of Shares For US$972 Million 41
Sinopec Marketing Announces Private Placement Of Shares For US$17.42 Billion 43
Sinopec Oilfield Plans IPO Of Shares 44
Sinopec Kantons Completes Private Placement Of Shares For US$345.5 Million 45
Sinopec Completes Private Placement Of Shares For US$3.1 Billion 47
Petrogal Brasil Completes Private Placement Of Shares For US$4.8 Billion 48
Sinopec Kantons Completes Rights Offering Of Shares For US$449.7 Million 49
Debt Offering 51
Sinopec Completes Private Placement Of 4.125% Corporate Bonds, Due 2025 51
Sinopec Completes Private Placement Of 4.6% Senior Notes, Due 2048 52
Sinopec Completes Public Offering Of 3.75% Senior Notes, Due 2023 53
Sinopec Completes Private Placement Of 3.75% Senior Notes, Due 2023 54
Sinopec Completes Public Offering Of 4.25% Senior Notes, Due 2028 55
Sinopec Completes Public Offering Of 4% Bonds, Due 2047, For US$400 Million 56
Sinopec Completes Public Offering Of 2.25% International Bonds, Due 2020 For US$700 Million 57
Sinopec Completes Public Offering Of 3.25% Bonds, Due 2027, For US$750 Million 58
Sinopec Completes Public Offering Of 2.5% International Bonds, Due 2022 For US$1.4 Billion 59
Sinopec Completes Public Offering Of 3.3% Corporate Bonds, Due 2018 For US$2.5 Billion 60
Sinopec Completes Public Offering Of 3.7% Corporate Bonds, Due 2020 For US$625.5 Billion 61
Sinopec Capital Completes Private Placement Of 1.25% Notes Due 2016 For US$750 Million 62
Sinopec Capital Completes Private Placement Of 4.25% Notes Due 2043 For US$500 Million 63
Sinopec Capital Completes Private Placement Of 1.875% Notes Due 2018 For US$1 Billion 64
Sinopec Capital Completes Private Placement Of 3.125% Notes Due 2023 For US$1.25 Billion 65
Sinopec Completes Public Offering Of 4.9% Corporate Bonds, Due 2022 For US$1.1 Billion 66
Sinopec Completes Public Offering Of 4.26% Corporate Bonds, Due 2017 For US$2 Billion 67
Asset Transactions 68
Addax Petroleum Plans To Sell Interest In OML 124 In Nigeria To Seplat Petroleum 68
Acquisition 69
Sinopec Rumored To Sell Stake In Sinopec Marketing 69
Sinopec Rumored To Acquire Gulf Keystone 70
Sinopec To Sell 50% Stake In Sinopec Sichuan to East China Gas Pipeline To China Life And SDIC For US$3.3 Billion 71
Sinopec Kantons Completes Acquisition Of Yu Ji Pipeline Company From Sinopec For US$419.5 Million 73
Sinopec Completes Acquisition Of 10% Stake In Sibur 74
Sinopec Completes Acquisition Of Remaining 50% Stake In Caspian Investment Resources From Lukoil for US$1.08 Billion 76
Kingdream Completes Acquisition Of Sinopec Petroleum Engineering Machinery From Sinopec Group For US$260 Million 78
Sinopec Completes Sale Of 29.58% Stake In Sinopec Marketing For US$17.16 Billion 79
Sinopec Overseas Investment Completes Acquisition Of 99% Stake In Sinopec Century Bright Capital Investment From Sinopec Century Bright Capital For US$556 Million 81
Sinopec Chemical Commercial Holding Completes Acquisition Of 1% Stake In Sinopec Century Bright Capital Investment From Milleval International For US$6 Million 82
Sinopec Yizheng Chemical Completes Acquisition Of Sinopec Oilfield Service From Sinopec Group For US$3.92 Billion 83
Fortune Oil Acquires 0.26% Stake In China Gas Holdings From China Petroleum & Chemical For US$25.3 Million 84
Sinopec International Petroleum Completes Acquisition Of Minority Stake In Three Oil And Gas Companies From Sinopec Group For US$3 Billion 86
Sinopec International Completes Acquisition Of 49% Stake In Talisman Energy’s UK Arm For US$1.5 Billion 88
Sinomart KTS Development Completes Acquisition Of 90% Interest In Tangshan Caofeidian Shihua, Oil Terminal Operator, From Sinopec For US$43 Million 90
Sinomart KTS Development Completes Acquisition Of 50% Interest In Ningbo Shihua Crude Oil Terminal, Oil Terminal Operator, From Sinopec For US$27.3 Million 91
Sinomart KTS Development Completes Acquisition Of 50% Interest In Rizhao Shihua, Oil Terminal Operator, From Sinopec For US$67.3 Million 92
Sinomart KTS Completes Acquisition Of 50% Interest In Qingdao Shihua Crude Oil Terminal From Sinopec Corp For US$92 Million 93
Sinomart KTS Development Completes Acquisition Of 50% Interest In Tianjin Port Shihua, Oil Terminal Operator, From Sinopec For US$55 Million 94
CNOOC Acquires Zhuhai Donghua Natural Gas From Sinopec 95
China Petroleum & Chemical Corp – Key Competitors 96
China Petroleum & Chemical Corp – Key Employees 97
China Petroleum & Chemical Corp – Locations And Subsidiaries 98
Head Office 98
Other Locations & Subsidiaries 98
Affiliate 106
Joint Venture 107
Recent Developments 109
Strategy and Business Expansion 109
Jan 11, 2018: Clariant And SINOPEC Sign Major Cooperation Agreements On Fuel Upgrading Catalyst Technology 109
Mar 27, 2017: Sinopec And SABIC Sign Strategic Cooperation Agreement 110
Financial Announcements 111
Sep 06, 2018: Sinopec’s half year profit hits record high 111
Aug 26, 2018: Sinopec’s profit for 1H2018 up 52% with dividend payout surges 60% 112
Apr 26, 2018: Sinopec Posts Net Profit Of RMB 19.3 Billion For Q1 2018 116
Mar 27, 2018: Sinopec Announces 2017 Annual Results 118
Oct 30, 2017: Sinopec Announces Its Unaudited Results For Nine Months Ended 30 September 2017 119
Aug 29, 2017: Sinopec Announces 2017 Interim Results 121
Aug 27, 2017: Sinopec net profit rises by 40% in H1 2017 122
Apr 27, 2017: Sinopec Announces 2017 First Quarter Results 127
Mar 30, 2017: Sinopec Kantons Holdings Reports Results For Year Ended 31 December 2016 129
Mar 26, 2017: Sinopec’s Net Profit Surged 44% YoY To RMB 46.7 Billion In 2016 135
Other Significant Developments 140
Sep 17, 2018: SinoCan proposes to develop bitumen upgrading facility in Alberta, Canada 140
Aug 02, 2018: Nostrum Oil & Gas agrees binding terms for treatment of third party hydrocarbons 141
Jul 26, 2018: CNPC to invest $22bn in Xinjiang oil and gas operations 142
Jun 28, 2018: Sinopec’s Yuanba gas field produces over 10b cu m of gas 143
Jun 25, 2018: Petro Matad Provides Operational Update 144
Jun 15, 2018: COSCO SHIPPING Energy Transportation, MOL, Shanghai Maritime University Co-Sponsored Shanghai LNG Forum 2018 146
Jun 01, 2018: LNG Carrier CESI Lianyungang Delivered For SINOPEC LNG Transport Project – Final Vessel In Series Of 6 Newbuilding LNG Carriers 147
May 23, 2018: MMK Holds Leading Positions In Rolled Stock For Pipes Market 148
May 14, 2018: Petro Matad Provides Operational Update 149
May 01, 2018: ExxonMobil Restarts Production At Second LNG Train At $19bn PNG LNG project 151
Apr 18, 2018: MMK Launched Central Power Plant Modernization 152
Apr 12, 2018: Petro Matad Provides Operational Update 153
Apr 11, 2018: Sinopec Launches Green Action Plan 155
Mar 29, 2018: China’s First Shale Gas Field Hits 10 Bcm/Year 156
Feb 14, 2018: Yadavaran Oil Output Set To Soar 157
Feb 13, 2018: Petro Matad Provides Operational Update 160
Feb 01, 2018: LNG Carrier CESI Wenzhou Delivered For SINOPEC LNG Transport Project – 5th In Series Of 6 New LNG Carriers 162
Jan 30, 2018: Sinopec’s Fuling Field Produces Over 6 Bcm Of Shale Gas In 2017 163
Jan 08, 2018: Sinopec selects Eni’s EST technology for refining plant 164
Dec 31, 2017: Galp Energia Provides Operations Update 165
Nov 23, 2017: Sinopec and other refiners increase run rates to 80% 170
Sep 27, 2017: MOL delivers LNG Carrier CESI Tianjin for SINOPEC LNG project 171
Sep 22, 2017: China Petroleum & Chemical Announces Resignation Of Chairman 172
Sep 12, 2017: Sinopec Announces Resignation Of Vice President 173
Aug 24, 2017: Australia Pacific LNG passes all project finance tests 174
Aug 08, 2017: Caspian Sunrise Announces BNG Operational Update 175
Jul 06, 2017: Tianhua Institute’s Cracking Furnace With China’s Largest Capacity Passes Technical Appraisal 178
Jul 04, 2017: Gazprom: China’s CGGC To Take Part In Building Amur GPP 179
Jun 13, 2017: SKK Migas: Offering Oil And Gas Blocks, Minister Jonan Visits China’s Soes Door-To-Door 180
Jun 02, 2017: LNG Carrier CESI BEIHAI Delivered To COSCO SHIPPING Energy 181
Jun 01, 2017: Delivery Of APLNG Project’s Third LNG Vessel 182
May 23, 2017: Sinopec Yakela Condensate Gas Field Produces Over 10b Cum Of Gas 183
May 16, 2017: Alexey Miller Speaks At CNPC’s Roundtable On Oil And Gas Cooperation As Part Of Belt And Road Forum 184
May 11, 2017: Sinopec Approves Overseas Listing Of Marketing Arm 186
Apr 19, 2017: Chinese Ambassador To Saudi Arabia Visits Yasref 187
Apr 11, 2017: OriginClear Agrees To Pilot Program At Sinopec Shale Gas Site In China’s Shandong Province 188
Apr 07, 2017: Sinopec Ships First Diesel Cargo From Qingdao Refinery Under General Trade Terms 189
Apr 07, 2017: Ling Yiqun, Liu Zhongyun, Li Yong named Vice President of Sinopec Group 190
Mar 30, 2017: British Columbia, Kitselas First Nation Strengthen LNG Partnership 191
Mar 20, 2017: Li Yunpeng Appointed Vice President Of Sinopec Group 193
Mar 17, 2017: NOC Chairman Meets With Chinese Ambassador And UNIPEC Company 194
Mar 14, 2017: Sinopec Commissions 560km Long Crude Oil Pipeline In South China 195
Mar 02, 2017: Sinopec To Invest $29.05bn In Modernization Of Four Refining Sites In China 196
Mar 01, 2017: Sinopec Chairman Wang Meets Egyptian Prime Minister Sherif Ismail 197
Feb 27, 2017: Capital VI Oil Products Supplied At Sinopec’s 562 Service Stations In Beijing 198
Feb 23, 2017: Wang Yupu Visits Kuwait 199
Feb 20, 2017: Arab Republic Of Egypt: Minister Of Petroleum In Talks With Chinese Sinopec 200
Feb 15, 2017: British Columbia Province And Metlakatla First Nation sign agreement on Pacific NorthWest LNG project 201
Feb 15, 2017: British Columbia Province And Lax Kw’alaams Band First Nation Reach Agreement On Pacific NorthWest LNG Project 203
Feb 13, 2017: Sinopec’s First Coalbed Gas Field Has Been In Shanxi For More Than 100 Million Cubic Meters Of Natural Gas 205
Jan 24, 2017: COECG Completes Key Node Project Of Guangxi LNG Pipeline Project Successfully 206
Jan 10, 2017: MOL: LNG Carrier CESI Qingdao Delivered For SINOPEC LNG Project 207
Jan 06, 2017: Delivery Of APLNG Project’s Second LNG Vessel 208
Jan 05, 2017: China project installs KOSUN mud zero-discharge equipment 209
Jan 05, 2017: Sinopec Starts To Supply Beijing VI Standard Oil Products 210
New Contracts Announcements 211
Sep 07, 2018: ExxonMobil signs cooperation framework agreement for chemical complex 211
Sep 05, 2018: ExxonMobil signs framework agreement for proposed chemical complex in China 212
Aug 17, 2018: PNG LNG signs mid-term sales agreement with BP Singapore 213
Jul 20, 2018: PNG LNG signs mid-term sales agreement with PetroChina 214
Apr 23, 2018: Badger Licensing To Provide Technology For New Ethylbenzene / Styrene Monomer Plant In China 215
Mar 16, 2018: Eni Sells To Zhejiang Petrochemicals License To Use EST Refining Technology 216
Jul 24, 2017: Sino Gas & Energy Announces Sanjiaobei New Gas Sales Agreement 217
Jul 17, 2017: Sino Gas & Energy Announces New Gas Sales Agreement 218
Jul 05, 2017: Petro Matad Signs Drilling Rig Contract & Identifies Drilling Targets 219
May 03, 2017: DSL Wins Centrica Simplification Project 220
Jan 03, 2017: NNPC Announces Winners Of 2017/2018 Crude Term Contract 221
Appendix 223
Methodology 223
About GlobalData 223
Contact Us 223
Disclaimer 223
China Petroleum & Chemical Corp, Oil & Gas, Key Facts, 2017 2
China Petroleum & Chemical Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
China Petroleum & Chemical Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
China Petroleum & Chemical Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 10
China Petroleum & Chemical Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
China Petroleum & Chemical Corp, Deals By Sector, 2012 to YTD 2018 12
China Petroleum & Chemical Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 13
Sinopec Completes Acquisition Of 15% Stake In Natural Gas Shale Assets And Pacific NorthWest LNG Facility From Petronas 17
Sinopec Completes Acquisition Of 33% Stake In Egyptian Oil And Gas Business Of Apache For US$2.95 Billion 19
Sinopec International Completes Acquisition Of 50% Interest In 850,000 Net Acres In Mississippi Lime Play In Oklahoma From Chesapeake Energy For US$1,020 Million 21
Addax Petroleum Plans To Acquire Oil And Gas Assets In UK North Sea 23
ConocoPhillips To Sell Interest In Oil And Gas Fields In Nigeria For Up To US$2.5 Billion 24
Sinopec International Completes Acquisition Of 33.33% Interest In Five Shale Plays In US From Devon Energy For US$2.44 Billion 26
Sinopec Forms Joint Venture With China Gas Holdings 28
Sinopec Forms Joint Venture With China Petrochemical 29
BP Forms Joint Venture With Sinopec 30
Weatherford To Form Joint Venture With Sinopec And Shengli Highland Petroleum 31
Fortune Oil And Sinopec Form Joint Venture For SPM Terminal 32
Lakes Oil Signs MoU With China Shengli Oilfield Longxi Petroleum Engineering Company 33
NewOcean Forms Joint Venture With Sinopec 34
Sinopec Gas Plans To Form Natural Gas Pipelines Joint Venture With Hebei Construction 35
Sinopec Hongkong Forms Joint Venture With Tiptop Energy 36
Sinopec Oilfield Completes Private Placement Of Shares For US$573.4 Million 37
Sinopec Oilfield Completes Private Placement Of Shares For US$607.4 Million 38
Sinopec Oilfield Completes Private Placement Of Shares For US$632.9 Million 39
Sinopec Marketing Rumored For IPO Of Shares 40
Sinopec Oilfield Service Completes Private Placement Of Shares For US$972 Million 41
Sinopec Marketing Announces Private Placement Of Shares For US$17.42 Billion 43
Sinopec Oilfield Plans IPO Of Shares 44
Sinopec Kantons Completes Private Placement Of Shares For US$345.5 Million 45
Sinopec Completes Private Placement Of Shares For US$3.1 Billion 47
Petrogal Brasil Completes Private Placement Of Shares For US$4.8 Billion 48
Sinopec Kantons Completes Rights Offering Of Shares For US$449.7 Million 49
Sinopec Completes Private Placement Of 4.125% Corporate Bonds, Due 2025 51
Sinopec Completes Private Placement Of 4.6% Senior Notes, Due 2048 52
Sinopec Completes Public Offering Of 3.75% Senior Notes, Due 2023 53
Sinopec Completes Private Placement Of 3.75% Senior Notes, Due 2023 54
Sinopec Completes Public Offering Of 4.25% Senior Notes, Due 2028 55
Sinopec Completes Public Offering Of 4% Bonds, Due 2047, For US$400 Million 56
Sinopec Completes Public Offering Of 2.25% International Bonds, Due 2020 For US$700 Million 57
Sinopec Completes Public Offering Of 3.25% Bonds, Due 2027, For US$750 Million 58
Sinopec Completes Public Offering Of 2.5% International Bonds, Due 2022 For US$1.4 Billion 59
Sinopec Completes Public Offering Of 3.3% Corporate Bonds, Due 2018 For US$2.5 Billion 60
Sinopec Completes Public Offering Of 3.7% Corporate Bonds, Due 2020 For US$625.5 Billion 61
Sinopec Capital Completes Private Placement Of 1.25% Notes Due 2016 For US$750 Million 62
Sinopec Capital Completes Private Placement Of 4.25% Notes Due 2043 For US$500 Million 63
Sinopec Capital Completes Private Placement Of 1.875% Notes Due 2018 For US$1 Billion 64
Sinopec Capital Completes Private Placement Of 3.125% Notes Due 2023 For US$1.25 Billion 65
Sinopec Completes Public Offering Of 4.9% Corporate Bonds, Due 2022 For US$1.1 Billion 66
Sinopec Completes Public Offering Of 4.26% Corporate Bonds, Due 2017 For US$2 Billion 67
Addax Petroleum Plans To Sell Interest In OML 124 In Nigeria To Seplat Petroleum 68
Sinopec Rumored To Sell Stake In Sinopec Marketing 69
Sinopec Rumored To Acquire Gulf Keystone 70
Sinopec To Sell 50% Stake In Sinopec Sichuan to East China Gas Pipeline To China Life And SDIC For US$3.3 Billion 71
Sinopec Kantons Completes Acquisition Of Yu Ji Pipeline Company From Sinopec For US$419.5 Million 73
Sinopec Completes Acquisition Of 10% Stake In Sibur 74
Sinopec Completes Acquisition Of Remaining 50% Stake In Caspian Investment Resources From Lukoil for US$1.08 Billion 76
Kingdream Completes Acquisition Of Sinopec Petroleum Engineering Machinery From Sinopec Group For US$260 Million 78
Sinopec Completes Sale Of 29.58% Stake In Sinopec Marketing For US$17.16 Billion 79
Sinopec Overseas Investment Completes Acquisition Of 99% Stake In Sinopec Century Bright Capital Investment From Sinopec Century Bright Capital For US$556 Million 81
Sinopec Chemical Commercial Holding Completes Acquisition Of 1% Stake In Sinopec Century Bright Capital Investment From Milleval International For US$6 Million 82
Sinopec Yizheng Chemical Completes Acquisition Of Sinopec Oilfield Service From Sinopec Group For US$3.92 Billion 83
Fortune Oil Acquires 0.26% Stake In China Gas Holdings From China Petroleum & Chemical For US$25.3 Million 84
Sinopec International Petroleum Completes Acquisition Of Minority Stake In Three Oil And Gas Companies From Sinopec Group For US$3 Billion 86
Sinopec International Completes Acquisition Of 49% Stake In Talisman Energy’s UK Arm For US$1.5 Billion 88
Sinomart KTS Development Completes Acquisition Of 90% Interest In Tangshan Caofeidian Shihua, Oil Terminal Operator, From Sinopec For US$43 Million 90
Sinomart KTS Development Completes Acquisition Of 50% Interest In Ningbo Shihua Crude Oil Terminal, Oil Terminal Operator, From Sinopec For US$27.3 Million 91
Sinomart KTS Development Completes Acquisition Of 50% Interest In Rizhao Shihua, Oil Terminal Operator, From Sinopec For US$67.3 Million 92
Sinomart KTS Completes Acquisition Of 50% Interest In Qingdao Shihua Crude Oil Terminal From Sinopec Corp For US$92 Million 93
Sinomart KTS Development Completes Acquisition Of 50% Interest In Tianjin Port Shihua, Oil Terminal Operator, From Sinopec For US$55 Million 94
CNOOC Acquires Zhuhai Donghua Natural Gas From Sinopec 95
China Petroleum & Chemical Corp, Key Competitors 96
China Petroleum & Chemical Corp, Key Employees 97
China Petroleum & Chemical Corp, Subsidiaries 98
China Petroleum & Chemical Corp, Affiliate 106
China Petroleum & Chemical Corp, Joint Venture 107
List of Figures
China Petroleum & Chemical Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
China Petroleum & Chemical Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
China Petroleum & Chemical Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
China Petroleum & Chemical Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
China Petroleum & Chemical Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
China Petroleum & Chemical Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 10
China Petroleum & Chemical Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
China Petroleum & Chemical Corp, Oil & Gas, Deals by Sector, 2012 to YTD 2018 12
