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offshore oil engineering-a (600583) Snapshot

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offshore oil engineering-a (600583) Details

Offshore Oil Engineering Co., Ltd. operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. It provides technical services, submarine pipeline maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering. The company also engages in the construction, design, installation, repair, and maintenance of offshore oil-gas engineering; provision of EPCI and specialized contract services; construction, marine installation, design, and repair of offshore oil-gas field development engineering; non-destructive and welding testing; EPCI of oil and gas development engineering; and engineering contracting. In addition, its services include maintenance and underwater engineering, commissioning, LNG engineering, underwater engineering inspection and installation, skid-mounted product manufacturing, subsea pipeline laying, offshore engineering quality inspection and EPCI management, and EPCI general contractor services. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co., Ltd. is a subsidiary of China National Offshore Oil Corporation.

7,847 Employees
Last Reported Date: 03/25/19
Founded in 2000

offshore oil engineering-a (600583) Top Compensated Officers

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Compensation as of Fiscal Year 2017.
offshore oil engineering-a
Offshore Oil Engineering Co., Ltd. Announces Amending Articles of Association

Offshore Oil Engineering Co., Ltd. announced Amending Articles of Association.

Offshore Oil Engineering Co., Ltd. Announces Cash Dividend for the Year 2018, Payable on June 14, 2019

Offshore Oil Engineering Co., Ltd. implemented the scheme of rights and interests distribution in 2018 as cash dividend of RMB 0.05 (taxes included) per A share. Record date is June 13, 2019. Ex-dividend date is June 14, 2019. Cash dividend payable date is June 14, 2019.

Offshore Oil Engineering Co., Ltd., Board Meeting, Jun 06, 2019

Offshore Oil Engineering Co., Ltd., Board Meeting, Jun 06, 2019. Agenda: To discuss and approve the "Proposal of Providing Guarantee for Undertaking LNG Module Construction Project by Subsidiary Offshore Oil Engineering (Tsingtao) Co., Ltd.", the "Proposal of Amending Articles of Association and Requesting Shareholders' Meeting to Authorize Directorate to Handle Registration at Industrial and Commercial Administration Authorities" and the "Proposal of Convening 1st Special Shareholders' Meeting of 2019".


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Valuation 600583 Industry Range
Price/Earnings 100.0x
Price/Sales 1.9x
Price/Book 1.0x
Price/Cash Flow 127.7x
TEV/Sales 1.8x

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