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Sinopec (SNP) launches a new oilfield services division to compete for global engineering and...

  • Friday, December 28, 2012, 8:18 AM ET
    Sinopec (SNP) launches a new oilfield services division to compete for global engineering and construction business, with a possible stock listing lined up for the unit. The giant division is formed from the consolidation of service departments for eight oilfields and will be responsible for executing overseas contracts worth ~$14.2B.
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    That's Sinopec *Group*, the state-owned parent of SNP.
    28 Dec 2012, 12:52 PM Reply Like
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