24 December 2024

Beijing, December 11, 2024 /PRNewswire/ — China Petroleum and Chemical Corporation (HKG: 0386, “Sinopec (OTC:)”) successfully obtained ISO approval for Technical specifications of multi-element composite heat sink for heavy oil (“Technical Specifications”) proposed by Academician Sun Huanquan’s team. By utilizing Sinopec's independent innovative technologies, the technical specifications are China The first company to receive approval in the field of thermal recovery of heavy oil and will promote international technical cooperation and development of heavy oil globally upon its launch.

Heavy oil refers to density and high viscosity, and is a major petroleum resource accounting for 36 percent of the world's proven oil reserves. Heavy oil is also an important raw material for specialty oils, and naphthenic heavy oil, coined as the “rare earth” of petroleum, is a high-quality raw material for the production of asphalt and transformer oil. China The annual production of heavy oil has exceeded 15 million tons for 13 consecutive years.

Due to sedimentation on land and complex geological conditions, China Heavy oil reserves are buried deep with thin oil layers, so developments face challenges such as flow speed and distance. With the support of National Natural Science Foundation of China and Sinopec Corporation Key Science and Technology Projects Sun Huanquan's team focused on addressing the bottlenecks of heavy oil development and invented multi-element thermal composite development technology which has been widely applied in Shengli and Henan oil fields, enabling Sinopec to achieve an annual heavy oil production of more than 4.8 million tons.

the next (LON:), Sun Huanquan and the team will form an international working group including technical experts from we, Kingdom of Saudi Arabia And other countries that follow ISO requirements to accelerate the formulation of the international standard and issue it as soon as possible.

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