CPEC(SH:600339) 智通财经网·2025-09-21 07:46Core Viewpoint - China National Petroleum Engineering Co., Ltd. (CNOOC) has signed an EPC contract worth $513 million (approximately 3.688 billion RMB) with ADNOC Gas for the UAE LNG pipeline project, which is expected to positively impact the company's revenue and profit over the next 3-4 years [1] Group 1 - The contract is for the construction of natural gas pipelines for the Bab and Bu Hasa oil fields in Abu Dhabi [1] - The construction period is set for 36 months, followed by a 12-month warranty period [1] - The contract's execution will not significantly impact the company's total assets, net assets, or net profit for the current year [1] Group 2 - The long-term nature of the contract is anticipated to contribute positively to the company's operating income and total profit in the coming years [1]