Core Viewpoint - CNOOC Engineering has signed a contract with Qatar Energy for the BH general contracting project, with a contract value of approximately 4 billion USD, marking a significant breakthrough in the Middle East strategy [1] Group 1 - The contract is set to take effect in October 2025 and is expected to be completed by June 2031, covering management, design, procurement, construction, transportation, installation, and commissioning [1] - The contract is anticipated to have a positive impact on the company's future performance [1]

Core Insights - The company has officially signed a contract with Qatar Energy for the BH EPC project, which includes management, detailed design, procurement, construction, transportation, installation, and commissioning [1] - The contract value is approximately $4 billion, with an expected completion date of June 2031 [1] - This contract signing is expected to have a positive impact on the company's future performance and marks a significant breakthrough in the implementation of its Middle East strategy [1]