China Petroleum Engineering & Construction Corp (600339.SH) announced that its wholly-owned subsidiary, China Petroleum Engineering & Construction Corporation, signed an EPSCC contract with TotalEnergies for the Attawi Oilfield Gas Processing Plant Project in Iraq, with a contract value of $1.601 billion (approximately 11.538 billion yuan). The execution of this contract will not have a significant impact on the company's total assets, net assets, and net profit for the current year, but it will have a certain positive impact on the company's operating revenue and total profit over the next 4-5 years.
China Petroleum Engineering & Construction Corporation: Subsidiary Wins Bid for Iraq's Attawi Oilfield Gas Processing Plant Project with Contract Value of 11.538 Billion Yuan
- Jun 16, 2025, at 8:54 am
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