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Sinopec awards a contract for the Weizhou oilfield expansion project valued at approximately US$146 million.

Nov 09, 2026

Contract Type

contract

BeijingManufacturingEnergyOil And Gas

Description

Sinopec has awarded an engineering, procurement, and construction contract for the Weizhou oilfield expansion, featuring the installation of a new offshore processing platform and subsea pipelines. The project, which is part of Sinopec's strategy to enhance production capacity, involves significant infrastructure upgrades and is expected to take 615 days for execution.

Company Information

Company

Sinopec

Location

Beijing, China

About

Sinopec is China's largest oil and petrochemical products supplier. It is the leading refining company and the second-largest chemical company globally. The firm is involved in petrochemical trading, marine bunkering operations, and the sale of refined and chemical products.

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Sinopec signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.