SINOPEC International Petroleum Services do Brasil, a subsidiary company of SINOPEC International Services Corporation of Beijing, with headquarter offices located in the city of Rio de Janeiro – Brazil, has elected the Brazilian marketplace to intensify its activities in the areas of oil, gas and energy. The main targets and objectives of SINOPEC in BRAZIL are to become an active player in the following fields of activities:

- Exploration and Production (E&P) of Oil and Gas;

- Construction of Oil and Gas pipelines, under EPC Contracts;

- Horizontal Directional Drilling Jobs;

- Drilling and Workover Services;

- Seismic Activities;

- Refinery and Petrochemical Projects;

- Crude Oil Trade;

- Thermal Power Plants;

- Ownership/Joint Investments on E&P Projects;

- Other Related Industrial Projects.

Sinopec is currently re-structuring its Brazilian organization in order to meet the requirements needed for the development of the aforementioned project.