Core Viewpoint - The overall decline in international oil prices this year has pressured the performance of oil and gas extraction and refining sectors, while the oil service equipment sector has shown resilience, with several Chinese oil service companies securing substantial contracts in the Middle East [1] Group 1: Market Performance - International oil prices have been on a downward trend this year, impacting the performance of oil and gas extraction and refining sectors [1] - Despite the overall market pressure, the oil service equipment sector has thrived, with Chinese companies winning nearly 10 billion yuan in contracts in the Middle East [1] Group 2: Major Contracts and Achievements - China National Petroleum Engineering (600339.SH) has emerged as a major winner in the Middle East, securing a contract worth $2.524 billion (approximately 18.032 billion yuan) for a seawater pipeline project in Iraq [2] - CNOOC Engineering (600583.SH) won a contract worth approximately $4 billion (about 28.5 billion yuan) for a project in Qatar [2] - Other companies like Jereh (002353.SZ) and Sinopec Oilfield Service (600871.SH) have also reported significant contracts, with Jereh securing a project worth $920 million (approximately 6.555 billion yuan) in Abu Dhabi [3] Group 3: Market Dynamics and Opportunities - The increase in contracts for Chinese oil service companies in the Middle East is attributed to the rising oil extraction activity in the region, supported by OPEC+ increasing production [3] - The Middle East remains a key market for oil exports, with OPEC members consistently increasing supply to the global market [3] Group 4: Strategic Shifts and Long-term Impact - Chinese oil service companies are transitioning from subcontractors to main contractors in the Middle East, with a focus on full-chain contracting models like EPC and EPSCC [5] - The long contract durations, typically spanning 4-5 years, provide stable revenue support for these companies [5] - Companies like Jereh are establishing local production bases to enhance service delivery and capitalize on regional advantages [5] Group 5: Financial Performance - Jereh reported a revenue of 6.901 billion yuan in the first half of the year, a year-on-year increase of 39.21%, with overseas market revenue growing over 38% [6] - Sinopec Oilfield Service achieved its best contract signing performance since the 13th Five-Year Plan, with new contracts totaling 63.67 billion yuan, a 3.2% increase year-on-year [6]

Core Viewpoint - The oil service sector in China has seen significant growth in the Middle East, with several companies securing large contracts, despite the overall decline in international oil prices this year [1][5]. Group 1: Major Contracts and Achievements - China National Petroleum Engineering Co. (中油工程) has emerged as a major winner in the Middle East, securing a contract worth $2.524 billion (approximately 18.032 billion RMB) for a seawater pipeline project in Iraq [2]. - CNOOC Engineering (海油工程) has also made strides, winning a bid from Qatar Energy for a project valued at around $4 billion (approximately 28.5 billion RMB) [2]. - Other companies like Jereh (杰瑞股份) and Sinopec Oilfield Service (石化油服) have also reported significant contracts, with Jereh signing a $920 million (approximately 6.555 billion RMB) contract for a digital transformation project in Abu Dhabi [3]. Group 2: Market Dynamics and Opportunities - The increase in contracts for Chinese oil service companies is attributed to the rising oil extraction activities in the Middle East, driven by OPEC+ increasing production [5][6]. - The Middle East remains a key market for oil and gas, with significant proven reserves, and Chinese companies are leveraging their experience and integrated solutions to capture market share [6]. Group 3: Long-term Financial Impact - The contracts secured by Chinese oil service companies typically span 4-5 years, providing a stable revenue stream and positively impacting financial performance over the coming years [7]. - For instance, Jereh reported a 39.21% year-on-year increase in revenue to 6.901 billion RMB in the first half of the year, with overseas market revenue growing by over 38% [8]. Group 4: Strategic Positioning and Future Outlook - Chinese oil service companies are transitioning from subcontractors to main contractors in the Middle East, enhancing their market recognition and capabilities [7]. - Companies are also establishing local production bases to improve service delivery and capitalize on regional advantages, which is expected to further strengthen their market position [7].

Core Viewpoint - The oil service engineering sector experienced a decline of 0.45% on October 16, with Renji Co. leading the drop. The Shanghai Composite Index rose by 0.1% to close at 3916.23, while the Shenzhen Component Index fell by 0.25% to 13086.41 [1]. Group 1: Market Performance - The oil service engineering sector's individual stock performance showed mixed results, with notable declines in several companies, including Renji Co. which fell by 4.71% to a closing price of 8.10 [2]. - The trading volume for Renji Co. was 355,300 shares, with a transaction value of 292 million yuan [2]. - Other companies in the sector, such as Beiken Energy and Zhun Oil Co., also saw declines of 2.17% and 2.06%, respectively [2]. Group 2: Capital Flow - The oil service engineering sector experienced a net outflow of 217 million yuan from major funds, while retail investors contributed a net inflow of 190 million yuan [2]. - The table of capital flow indicates that major funds withdrew from several companies, including Zhun Oil Co. and Beiken Energy, with net outflows of 15.6 million yuan and 19.9 million yuan, respectively [3]. - Conversely, retail investors showed a positive net inflow for Zhun Oil Co. and Beiken Energy, with inflows of 25.9 million yuan and 17.3 million yuan, respectively [3].

Core Insights - The oil service engineering sector experienced a slight increase of 0.16% on October 15, with Huibo Po leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Stock Performance - Huibo Po (002554) closed at 3.15, up 2.27% with a trading volume of 422,500 shares and a transaction value of 132 million yuan [1] - Qianeng Hengxin (300191) closed at 20.06, up 1.42% with a trading volume of 70,300 shares and a transaction value of 141 million yuan [1] - Other notable stocks include: - Zhimusi (600583) at 5.46, up 0.92% [1] - PetroChina Engineering (600339) at 3.62, unchanged [1] - Beiken Energy (002828) at 10.62, down 0.38% [2] Capital Flow - The oil service engineering sector saw a net outflow of 89.86 million yuan from institutional investors, while retail investors contributed a net inflow of 59.03 million yuan [2] - Notable capital flows include: - Haiyou Development (600968) with a net inflow of 7.68 million yuan from institutional investors [3] - Huibo Po (002554) with a net outflow of 2.64 million yuan from institutional investors [3] - Beiken Energy (002828) with a net outflow of 4.42 million yuan from institutional investors [3]

Core Viewpoint - The oil service engineering sector experienced a slight increase of 0.67% on October 14, with Renji Co., Ltd. leading the gains, while the overall market indices saw declines [1]. Market Performance - The Shanghai Composite Index closed at 3865.23, down 0.62% - The Shenzhen Component Index closed at 12895.11, down 2.54% [1]. Individual Stock Performance - Renji Co., Ltd. (002629) closed at 8.48, up 9.99% with a trading volume of 249,700 shares and a turnover of 201 million yuan - Zhongman Petroleum (603619) closed at 20.19, up 4.77% with a trading volume of 267,000 shares and a turnover of 536 million yuan - Other notable performers include Tongyuan Petroleum (300164) up 2.81%, Beiken Energy (002828) up 2.21%, and Zhun Oil Co. (002207) up 2.20% [1]. Capital Flow Analysis - The oil service engineering sector saw a net inflow of 80.77 million yuan from institutional investors, while retail investors contributed a net inflow of 48.83 million yuan - However, there was a net outflow of 130 million yuan from speculative funds [2]. Detailed Capital Flow for Key Stocks - Renji Co., Ltd. had a net inflow of 57.91 million yuan from institutional investors, but a net outflow of 21.63 million yuan from speculative funds - Tongyuan Petroleum saw a net inflow of 33.00 million yuan from institutional investors, while Zhun Oil Co. had a net inflow of 14.04 million yuan [3].

Core Insights - The oil service engineering sector experienced a rise of 1.36% on October 10, with China National Petroleum Engineering leading the gains [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - China National Petroleum Engineering (600339) closed at 3.68, up 3.37% with a trading volume of 1.0453 million shares and a transaction value of 381 million yuan [1] - Other notable performers included Huibo Yin (002554) at 3.09, up 2.66%, and Zhongman Petroleum (619609) at 19.84, up 1.64% [1] - The overall trading volume and transaction values for various stocks in the oil service engineering sector were significant, indicating active market participation [1] Capital Flow - The oil service engineering sector saw a net outflow of 148 million yuan from institutional investors, while retail investors contributed a net inflow of 200 million yuan [2][3] - The detailed capital flow indicated that while institutional and speculative funds were withdrawing, retail investors were actively buying into the sector [2][3] Individual Stock Capital Flow - Zhongman Petroleum (300191) had a net inflow of 772.26 thousand yuan from institutional investors, while it faced a net outflow of 1204.39 thousand yuan from speculative funds [3] - Other stocks like PetroChina (600871) and Huibo Yin (002554) also showed mixed capital flows, with retail investors showing a preference for certain stocks despite overall net outflows from larger funds [3]

中国石油集团工程股份有限公司 2025年第一次临时股东会 会议材料 2025 年 10 月 | | | | 1. 中国石油集团工程股份有限公司2025年第一次临时股东会会议议程 | | | | --- | --- | --- | | ···················································································1 | | | | 2. 关于公司符合向特定对象发行 | A ··········3 股股票条件的议案 | | | ···········································································55 | | | | A 6. 关于公司向特定对象发行 | 股股票募集资金使用可行性分析 | | | 报告的议案 | ····························································74 | | | 与公司采取填补措施及相关主体承诺的议案··················84 | | | | ··· ...

Core Insights - The oil service engineering sector experienced a 2.24% increase on October 9, with China National Petroleum Engineering leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Stock Performance - China National Offshore Oil Engineering (600339) closed at 3.56, up 5.01% with a trading volume of 977,100 shares and a turnover of 344 million yuan [1] - Renji Co., Ltd. (002629) closed at 8.30, up 4.27% with a trading volume of 790,000 shares and a turnover of 667 million yuan [1] - Other notable performers include: - Bomei Co. (603727) at 13.84, up 3.52% [1] - CNOOC Development (600968) at 3.94, up 2.60% [1] - Sinopec Oilfield Service (600871) at 2.12, up 2.42% [1] Capital Flow - The oil service engineering sector saw a net outflow of 85.96 million yuan from institutional investors, while retail investors contributed a net inflow of 136 million yuan [2] - The capital flow for specific stocks includes: - CNOOC Engineering (600583) with a net inflow of 30.56 million yuan from institutional investors [3] - CNOOC Development (600968) with a net inflow of 13.46 million yuan [3] - Renji Co., Ltd. (002207) with a net inflow of 12.38 million yuan [3]

伊拉克巴士拉石油公司前身为伊拉克南方石油公司，总部位于伊拉克巴士拉省，隶属于伊拉克石油部管 辖，主营业务涵盖原油及天然气的勘探、开发、生产、加工、储存、运输及出口等，经营区域覆盖伊拉 克南部多个油田。 今年7月30日，管道局工程公司收到巴士拉发来的伊拉克海水管道项目授标函，确定 管道局工程公司为项目中标人。 中化新网讯 9月25日，中油工程发布公告，公司全资子公司中国石油管道局工程有限公司与伊拉克巴士 拉石油公司就伊拉克巴士拉省海水输送管道总包项目(简称"伊拉克海水管道项目")签署EPC承包合同， 工作范围包括建设海水处理设施到各联络站的干线管道、联络站到油田分输站的支线管道及管道附属地 面设施等，合同金额25.24亿美元，项目合同期54个月。 ...

证券代码：600339 证券简称：中油工程 公告编号：临 2025-055 中国石油集团工程股份有限公司 关于向特定对象发行 A 股股票获得批复的公告 近日，中国石油集团工程股份有限公司（以下简称"公司"）收到控股股东中国 石油天然气集团有限公司（以下简称"中国石油集团"）出具的《关于中国石油集团 工程股份有限公司向特定对象发行 A 股股票的批复》（中国石油财务〔2025〕137 号）， 中国石油集团原则同意公司向特定对象发行不超过 1,674,944,241 股（含）A 股股份的 总体方案。 本次发行的总体方案需在获得公司股东会审议批准、上海证券交易所审核通过以 及中国证券监督管理委员会同意发行注册后方可实施。公司将根据本次发行的进展情 况，严格按照相关法律、法规的规定和要求及时履行信息披露义务，敬请广大投资者 注意投资风险。 特此公告。 中国石油集团工程股份有限公司董事会 2025 年 9 月 30 日 1 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 ...