HQC, CNPC Information

China Huanqiu Contracting & Engineering CO.,LTD (HQC) is a subsidiary of China National Petroleum Corporation (CNPC) Limited. It was founded in 1953 as a national chemical design institute. With over 70 years of evolution, HQC has emerged as a prominent service provider. Its diverse business portfolio spans across various sectors, including oil and gas upstream, refinery, petrochemicals, inorganic chemicals, mining, fertilizer, LNG, and green energy solutions. Headquartered in Beijing, China, HQC functions as a conglomerate composed of 11 domestic affiliates and 22 branches spread across global locations. Among the 11 domestic affiliates, 8 are dedicated engineering firms functioning as centers of competence, 2 operate as construction companies with proficient in-house labor teams, and the last one serves as the Corporate Research Academy, facilitating various research and development activities. The overseas branches and operations are organized into 5 regional hubs: the Middle East Center, Asia-Pacific Center, Central Asia-Russia Center, African-Euro Center, and America Center. HQC maintains an annual sales revenue of approximately 3 billion US$ and keeps a headcount around 15 thousand excluding temporary hires for projects. HQC, being a technology-based company, excels in technical consultancy and a wide array of engineering and designing services. These encompass general planning, conceptual design, pre-FEED, FEED, detailed design, and comprehensive technical support throughout the project development phase. Additionally, HQC possesses an extensive portfolio of patented process technologies, positioning it as a licenser capable of providing PDPs across various domains, e.g. large-scale ethylene production exceeding 1 million tpa, refining capacities over 10 million tpa, substantial coal chemical and fertilizer projects, large LNG liquefaction and re-gasification endeavors, as well as fine chemicals production.