Sinopec Oil Service (01033.HK) recently won the bid for a project of 3.378 billion yuan

Gelonghui Finance ·  Apr 1 19:45

Gelonghui, April 2, 丨 Sinopec Oil Service (01033.HK) issued an announcement. Recently, Sinopec Petroleum Engineering & Construction Co., Ltd., a wholly-owned subsidiary of the company, won the bid for the Sichuan-Chongqing E Section (Tongliang-Qianjiang) construction general contracting section 1, section 3 and section 4 projects of the China National Petroleum Pipeline Network Group Co., Ltd., with a bid amount of RMB 3.378 billion, accounting for about 4.22% of the company's 2023 operating revenue under China's accounting standards. The total length of the Bid Section 1, Section 3, and Section 4 lines won the bid by the company is 592.8 kilometers, and there are several construction projects such as stations, valve chambers, directional drilling, and crossing along the route.

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