Xin Lang Cai Jing·2025-10-21 04:36Core Viewpoint - Sinopec Oilfield Services (01033) experienced a significant stock price increase, rising nearly 15% during trading, with a current price of HKD 0.84 and a trading volume of HKD 173 million, following the announcement of a major contract [1] Group 1: Contract Announcement - Sinopec Oilfield Services' subsidiary, Guogong Company, signed a fixed-price contract for design, procurement, supply, construction, and trial operation with TotalEnergies for the Iraq Ratavi oil field Phase II well site and inter-well pipeline project [1] Group 2: Financial Performance - In the first half of 2025, Sinopec Oilfield Services is expected to show strong growth in overseas business, with new contract amounts reaching RMB 19.62 billion, a substantial year-on-year increase of 71.8% [1] - The overseas market accounted for 30.8% of the total new contract amounts during the same period [1]