China Petrochemical Corporation said on Wednesday that China National Petroleum & Chemical Co., Ltd. (China Petroleum & Chemical Corporation) Zhongyuan Oilfield Branch received a rig supply contract from the Saudi Arabian National Oil Company with a contract value exceeding 1 One hundred million U.S. dollars.
Sinopec Group said in a statement on the website of the State-owned Assets Supervision and Administration Commission of the State Council that the Zhongyuan Oilfield will supply Saudi Aramco with 70D drilling rigs and 90D drilling rigs.
Sinopec Group stated that the 90D drilling rig will undertake the drilling of the Manifa oil field in Saudi Aramani. The announcement did not elaborate on this. In terms of processing capacity, Sinopec Group is the largest refining company in China.
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