September 21, 2014 11:45 PM ET

Construction and Engineering

Company Overview of China Petroleum Engineering & Construction Corporation

Company Overview

China Petroleum Engineering & Construction Corporation provides engineering, procurement, and construction (EPC); and project management contracting services. It offers its EPC services for various projects, such as production facilities for oil and gas fields, refineries, petrochemical plants, fertilizer plants, gas treatment plants, oil and gas storage, long-distance pipelines, electricity and communication facilities, industrial and civil construction, roads and bridges, municipal works, and other engineering construction projects. The company also provides feasibility study, survey and measurement, foundation treatment, basic design, detailed design, equipment procurement, construction, ...

No. 28

Gulouwai Avenue

Dongcheng District

Beijing,  100120

China

Founded in 1981

Phone:

86 10 5819 2777

Fax:

86 10 5819 2600

Key Executives for China Petroleum Engineering & Construction Corporation

Vice-General Manager
Age: 52
Compensation as of Fiscal Year 2014.

China Petroleum Engineering & Construction Corporation Key Developments

China Petroleum Engineering & Construction Corp. Wins $425 Million Service Deal for Engineering, Procurement and Construction Work

Iraq's Cabinet announced that China Petroleum Engineering & Construction Corp. won a $425 million service deal for engineering, procurement and construction work for a power station at the field.

WDS Limited Joint Venture Signs Contract with Arrow Energy

WDS Limited announced that its Energy Division, in joint venture with China Petroleum Engineering & Construction Corporation has signed a Field Development and Operations Construction Master Services Agreement with Arrow Energy for Arrow's Domestic Gas requirements. Arrow Energy has a sizeable domestic gas business and supplies gas to Braemar, Braemer 2, Daandine and Townsville Power Stations and two mineral refining facilities in North Queensland. CPECC is a major engineering and construction company with large-scale petroleum, petro-chemical and civil projects across the Asian, American and African continents as well as in Australia The term of the Agreement is 2 years with an option to extend for a further 1 year. The initial anticipated value of the contract will be $40 million - $80 million over the first 2 year period.

Petrofac Limited Wins Inspection, Maintenance and Repair Contract for Rumaila Oil Field in Southern Iraq with its Joint Venture Partner, China Petroleum Engineering & Construction Corporation

Petrofac Limited has won a further inspection, maintenance and repair contract for the Rumaila oil field in Southern Iraq with its joint venture partner, China Petroleum Engineering & Construction Corporation. The $229 million contract was awarded by BP Iraq NV (BP), via the Rumaila Operating Organisation (ROO), following a competitive tender. The three-year contract, which is worth more than $160 million to Petrofac, will be led by its Offshore Projects & Operations (OPO) business. The contract covers the inspection, maintenance and repair of degassing stations, rotating machinery and cluster pumping stations and came into effect on November 1, 2012.

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