Core Viewpoint - The company has signed a fixed-price contract worth $359 million with TotalEnergies for the NWP project in Iraq, which is expected to positively impact its revenue and profit over the next 3-4 years [1] Group 1: Contract Details - The contract is for design, procurement, supply, construction, and trial operation for the NWP project [1] - The contract amount is $359 million [1] Group 2: Company Background - TotalEnergies is a global energy giant headquartered in Courbevoie, France, established in 1924 [1] - The TotalEnergies Ratawi project company was specifically formed to develop the Ratawi oil field in Iraq [1] Group 3: Financial Impact - The long duration of the contract is expected to have a positive impact on the company's operating revenue and total profit over the next 3-4 years [1]

Core Viewpoint - The company, Sinopec Oilfield Service Corporation, has signed a contract worth $359 million with TotalEnergies for a project in Iraq, which is expected to contribute significantly to its 2024 revenue [1] Group 1: Contract Details - The contract is for the second phase of the Latifiya oil field and includes well site and inter-well pipeline projects [1] - The total contract amount is approximately 2.553 billion RMB, representing 3.15% of the company's projected revenue for 2024 [1] - The duration of the contract is 41 months, with mechanical completion expected by March 31, 2029 [1]

Group 1 - The company announced that its wholly-owned subsidiary, China Petroleum Engineering & Construction Corporation, signed a fixed-price contract worth $359 million with TotalEnergies for the NWP project in Iraq [1] - TotalEnergies is a global energy giant headquartered in Courbevoie, France, established in 1924, and the project company was specifically formed to develop the Iraqi Ratavi oil field [1] - The long duration of the contract is expected to positively impact the company's revenue and profit over the next 3-4 years [1]

Core Viewpoint - The company has signed a significant contract worth approximately $359.12 million with TotalEnergies for a project in Iraq, which is expected to positively impact its revenue and profit over the next 3-4 years [1] Group 1 - The contract is for the design, procurement, supply, construction, and trial operation of the second phase of the Latavi oil field and inter-well pipeline project [1] - The total contract amount is $359,118,182, which is approximately 2.553 billion RMB [1] - The contract is not expected to have a significant impact on the company's total assets, net assets, and net profit for the fiscal year 2025 [1] Group 2 - The contract is anticipated to have a positive effect on the company's operating income and total profit in the coming 3-4 years [1]

Group 1 - Sinopec Oilfield Services announced a contract signing with TotalEnergies for the NWP project in Iraq, covering design, procurement, supply, construction, and commissioning [1] - The total contract value is approximately $359,118,182, equivalent to about 2.553 billion RMB, representing 3.15% of the company's projected revenue for 2024 under Chinese accounting standards [1] - The contract is scheduled for mechanical completion by March 31, 2029, with payments made based on milestone achievements and project progress [1]

Core Viewpoint - Sinopec Oilfield Services (01033.HK) has signed a fixed-price contract worth approximately $359.12 million (around RMB 2.553 billion) for the NWP project in Iraq, which represents about 3.15% of the company's projected revenue for 2024 under Chinese accounting standards [1] Group 1 - The contract was signed between Sinopec's wholly-owned subsidiary, China Petroleum Engineering International Co., Ltd., and Total Energy for the Latifiya project [1] - The NWP project includes the design, procurement, supply, construction, and commissioning of facilities, with a completion date set for March 31, 2029 [1] - The project has a duration of 41 months and involves the construction of 5 new production and injection well sites, upgrades to 11 existing well sites, and approximately 140 kilometers of gathering pipelines [1]

公司全资附属公司中石化石油工程建设有限公司负责实施本次签约NWP项目，该项目为EPSCC合同， 工期41个月，涉及5座新生产及回注井场、11座老井场改造升级、44条集输管线约140公里以及配套的光 缆、电缆等。 格隆汇9月24日丨中石化油服(01033.HK)发布公告，近日，公司的全资附属公司中国石化集团国际石油 工程有限公司与道达尔能源拉塔维项目公司就伊拉克拉塔维油区二期井场及井间管线项目("NWP项目") 正式签署设计、采购、供应、施工、试运交钥匙固定总价合同，该合同金额约为3.59亿美元(约人民币 25.53亿元)，约占公司中国会计准则下2024年营业收入的3.15%，将按里程碑节点和工程进度付款。该 合同将于2029年3月31日实现机械完工。 ...

Core Viewpoint - Sinopec Oilfield Services Corporation has signed a fixed-price contract worth $359 million (approximately RMB 2.553 billion) with TotalEnergies for the NWP project in Iraq, which is expected to positively impact the company's revenue and profit over the next 3-4 years [1][1][1] Group 1 - The contract represents about 3.15% of the company's projected revenue for 2024 under Chinese accounting standards [1] - The project will be executed by Sinopec Petroleum Engineering Construction Company and has a duration of 41 months, involving the construction of 5 new production and injection well sites, upgrades to 11 existing well sites, and approximately 140 kilometers of gathering pipelines [1][1] - The contract is expected to be mechanically completed by March 31, 2029, with payments made according to milestone achievements and project progress [1][1][1] Group 2 - The execution of this contract is not expected to have a significant impact on the company's total assets, net assets, and net profit for the fiscal year 2025 [1] - The long duration of the contract may lead to a positive influence on the company's revenue and total profit in the coming years [1][1] - The company warns that unforeseen market or economic factors could potentially affect the normal execution of the contract, advising investors to remain cautious [1]

Core Points - Sinopec Oilfield Services (01033) announced the signing of a fixed-price contract worth $359 million (approximately RMB 2.553 billion) with TotalEnergies for the NWP project in Iraq, which represents about 3.15% of the company's projected revenue for 2024 under Chinese accounting standards [1][1][1] - The contract will be executed by Sinopec's wholly-owned subsidiary, Sinopec Petroleum Engineering Construction Company, and has a duration of 41 months, involving the construction of 5 new production and injection well sites, upgrades to 11 existing well sites, and approximately 140 kilometers of gathering pipelines [1][1][1] - The contract is expected to positively impact the company's revenue and profit over the next 3-4 years, although it will not significantly affect the total assets, net assets, and net profit for the fiscal year 2025 [1][1][1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不會因本通告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 該合同履行預計對本公司2025年度的資產總額、淨資產和淨利潤等不構成重大影 響。由於該合同履行期較長，該合同實施後將對本公司未來3-4年的營業收入和 利潤總額產生一定積極影響。該合同履行過程中如遇到市場、經濟等不可預計或 不可抗力等因素，有可能影響該合同正常履行，提醒廣大投資者注意投資風險。 1 中石化石油工程技術服務股份有限公司 （在中華人民共和國註冊成立之股份有限公司） (股份代號：1033) 新簽海外合同公告 本公司董事會及全體董事保證本公告內容不存在任何虛假記載、誤導性陳述或 者重大遺漏，並對其內容的真實性、準確性和完整性承擔法律責任。 近日，中石化石油工程技術服務股份有限公司(「本公司」)的全資附屬公司中國 石化集團國際石油工程有限公司與道達爾能源拉塔維項目公司就伊拉克拉塔維 油區二期井場及井間管線項目（「NWP項目」）正式簽署設計、採購、供應、 施工、試運交鑰匙固定總價合同(「該合同」),該 ...