• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Sinopec wins $50 million drilling contract in Nigeria

Onome Ohwovoriole by Onome Ohwovoriole
December 22, 2017
in Business News, Company News

Dai-Houliang, General Manager, SINOPEC

Share on FacebookShare on TwitterShare on Linkedin

Shengli Petroleum Engineering ( a subsidiary of the Sinopec group)has won a $50 million contract to drill an offshore block in Nigeria. The project is expected to commence in 2018.

Sinopec Petroleum Engineering Design Co., Ltd. (referred to as the petroleum engineering design, the former Shengli Oilfield Investigation and Design Institute), was founded in 1965, was founded in 1972, is a focus on the development and construction of petroleum engineering enterprises. The company is headquartered in the beautiful city- Dongying City,

Sinopec Corp. acquired the oil production assets of Shengli Petroleum Administration Bureau from Sinopec Group on the 31st of December 2006. Sinopec was established as a joint stock entity under the China Petroleum and Chemical Corporation in February 2000. The company was simultaneously listed on the London, New York and Hong Kong stock exchanges in October 2000.

MoreStories

Illustration of a Building having the logo of Airtel Telecommunication Company

Airtel Africa announces retirement of senior director Andrew Green, names replacement 

November 13, 2025
NASD: Norrenberger’s N1.3 billion bet shakes up Nigeria’s OTC market  

NASD: Norrenberger’s N1.3 billion bet shakes up Nigeria’s OTC market  

November 13, 2025

A rebound in crude oil prices and relative calm in the Niger Delta region, has encouraged the resumption in oil exploration.


Follow us for Breaking News and Market Intelligence.
Tags: crude oil productionSinopec
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

Average daily crude oil production climbed to 1.68 million barrels per day in Q2 2025
Economy

Higher oil production marginally cuts non-oil share of Nigeria’s GDP to 95.95% 

September 22, 2025
Developing countries may likely bear the brunt of OPEC’s oil production cuts – IEA
Energy

Nigeria’s crude oil production records 5.5% year-on-year surge in August 2025 – NUPRC

September 20, 2025
OPEC
Energy

Nigeria’s crude oil production rises above 1.5 million bpd in January – OPEC

February 13, 2025
Developing countries may likely bear the brunt of OPEC’s oil production cuts – IEA
Economy

Nigeria needs improved security, investment to achieve 2.06 mbpd crude oil production – Report

January 26, 2025
Energy

Why Tinubu’s plan for a 2mbpd output in 2025 is “illusory”

January 21, 2025
Proposed 5% levy on companies for community project might lead to exits – Afrexim Bank
Energy

Crude oil production: No disparity between NNPC’s, NUPRC’s figures – NNPC official  

November 26, 2024
Next Post
Removal Of Fuel Subsidy: Why I’m Cautiously Excited

FG set to commence $2.8billion Ajaokuta-Kaduna -Kano gas pipeline

Comments 1

  1. Mr John Zuofa says:
    October 30, 2018 at 12:26 pm

    Zuojoff Nigeria Limited is intested in Doing Business with the said multinational company instrested in doing Business in Nigeria.. Thanks.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • BUA Cement vs. Dangote Cement: Who is executing better and pays more dividends? 
  • Ogun targets N500 billion IGR for 2026 fiscal year 
  • Brewers, FUGAZ stocks propel All-Share Index to 1.08% gain

Follow us on social media:

Recent News

BUA Cement

BUA Cement vs. Dangote Cement: Who is executing better and pays more dividends? 

November 13, 2025
Ogun targets N500 billion IGR for 2026 fiscal year 

Ogun targets N500 billion IGR for 2026 fiscal year 

November 13, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics