Sinopec Oilfield Service Corporation
Sinopec Oilfield Service Corporation, a subsidiary of Sinopec Limited, is a leading player in the oil and gas industry, headquartered in China (CN). Established in 1998, the company has grown to become a prominent provider of integrated oilfield services, with major operations across Asia, Africa, and the Middle East. Specialising in drilling, well completion, and oilfield technical services, Sinopec Oilfield Service Corporation distinguishes itself through its advanced technology and commitment to safety and efficiency. The company has achieved significant milestones, including numerous successful projects that enhance its reputation in the global market. With a strong focus on innovation and sustainability, Sinopec Oilfield Service Corporation continues to solidify its position as a key contributor to the energy sector, driving progress in oilfield development and management.
DitchCarbon Score
How does Sinopec Oilfield Service Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sinopec Oilfield Service Corporation's score of 2 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sinopec Oilfield Service Corporation's reported carbon emissions
In 2020, Sinopec Oilfield Service Corporation reported total greenhouse gas emissions of approximately 170,940,000,000 kg CO2e, comprising about 128,580,000,000 kg CO2e from Scope 1 and about 42,360,000,000 kg CO2e from Scope 2. The company has not disclosed any emissions data for 2024, and there are no specific reduction targets or climate pledges noted in their recent reports. The emissions data indicates a significant carbon footprint, but there are no documented initiatives or commitments to reduce these emissions, such as Science-Based Targets Initiative (SBTi) targets or other reduction strategies. The absence of such commitments suggests that Sinopec Oilfield Service Corporation may need to enhance its climate action framework to align with industry standards and expectations. Overall, while the company has substantial emissions, it currently lacks a clear pathway for reduction or climate commitments, which is critical in the context of global climate goals.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 128,570,000,000 | 000,000,000,000 | 000,000,000,000 |
| Scope 2 | 42,950,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sinopec Oilfield Service Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
