BOG’ CEO, Kayode Thomas, met with top officials of Sinopec in Frankfurt, Germany to discuss avenues for collaborations between the two companies.
Founded in 1998, Sinopec is a state-owned Chinese conglomerate and owner of Addax Petroleum in Nigeria. It functions as a state-authorized investment organization in which the state holds the controlling share. It is headquartered in Beijing, China.
Key businesses of the company include: industrial investment and investment management, exploration, production, storage and transportation, marketing and comprehensive utilization of oil and natural gas, construction and installation of petroleum and petrochemical engineering projects, manufacturing and marketing of electrical and mechanical equipment, research, development and application of technology, amongst others. Sinopec was ranked third in the Fortune Global 500 in 2014.
Sinopec is a huge international conglomerate and BOG intends to leverage on the company’s vast experience in promoting her own business. The meeting took place to further discussions between Sinopec and BOG, to forge a synergy between BOG and Sinopec as a long term vendor of Addax Petroleum and to provide services to the Nigeria oil and gas industry.
L-R: Mike Chen, Vice President, Sinopec; Kayode Thomas; CEO of BOG; and Rong Chen, Business Manager, Sinopec during a recent meeting.