Sinopec Jiangsu Oilfield

Updated: Mar 30, 2018 Print

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Sinopec Jiangsu Oilfield, a subsidiary of China Petrochemical Corporation (Sinopec Group), is an integrated large-scale petroleum enterprise involved in oil exploration and development, oil and gas production, processing and marketing. 

It is located in Yangzhou, a historic and cultural city, and has 23 subsidiaries. The working area is mainly distributed in 15 counties and cities in Jiangsu and Anhui provinces. The area of registered mineral rights is 75,600 square kilometers. 

The company has total assets worth 16.81 billion yuan ($2.68 billion) and total profits and taxes of 46.7 billion yuan. It is also the largest petroleum industrial production base in South China. 

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