Core Viewpoint - The Tarim Branch of Shengli Oil Engineering Company has implemented practical measures to enhance grassroots green and low-carbon development levels throughout the year [1] Group 1: Environmental Management Initiatives - The safety and environmental protection department has launched a special hidden danger investigation action to verify the effectiveness of grassroots environmental management [1] - The investigation focuses on the core aspects of hazardous waste management, providing on-site guidance for rectifying identified issues [1] - Training for environmental management personnel includes key topics such as hazardous waste code identification, characteristic determination methods, and classification storage operation standards [1] Group 2: Capacity Building and Training - The training aims to address the shortcomings in environmental professional knowledge and practical skills among grassroots personnel [1] - The initiative enhances the standardization and refinement of on-site green environmental protection practices within the teams [1] Group 3: Long-term Development Mechanism - The Tarim Branch plans to establish a long-term supervision mechanism for green, low-carbon, and high-quality development at the grassroots level [1] - This will involve regular inspections, normalized training, and accountability assessments to continuously consolidate the achievements in green development [1]

Core Insights - The "Victory Tiangong" drilling fluid performance online monitoring system has become a standard leader in the industry after passing technical review by the Petroleum Instrumentation and Metering Standardization Technical Committee [1][2] - Since its launch in 2018, the system has evolved to automate the monitoring of drilling fluid performance, expanding its capabilities to monitor 16 parameters and adapting to both oil-based and water-oil synthetic drilling fluids [1] - The system has provided technical support for major companies like Sinopec and CNOOC, enabling real-time data transmission and insights into drilling production status, thus becoming an essential part of oil engineering intelligence [1] Technological Advancements - The system has successfully integrated monitoring data into Sinopec's oil engineering business control IPPE platform, marking a shift from manual to intelligent analysis in oil engineering management [2] - This breakthrough addresses data gaps in the platform and supports the automation and informationization of drilling processes [2] - The system has received high praise from experts for its successful application across various work areas and is recognized as a critical technological advancement in the intelligent transformation of oil engineering [2] Future Developments - By 2025, the "Victory Tiangong" system plans to expand its services to deep-sea and deep-well engineering, having already completed technical services for several oil wells [1] - The system ensures real-time measurement, automatic storage, and remote transmission of parameters, effectively addressing challenges posed by harsh environments such as salt mist and high temperatures offshore [1]

Core Insights - The "Victory Tiangong" drilling fluid performance online monitoring system has become a standard leader in the industry after passing technical review by the Petroleum Instrumentation and Metering Standardization Technical Committee [1][2] - Since its launch in 2018, the system has evolved to automate the monitoring of drilling fluid performance, expanding its capabilities to monitor 16 parameters and adapting to both oil-based and water-oil synthetic drilling fluids [1] - The system has provided technical support for major companies like Sinopec and CNOOC, enabling real-time data transmission and insights into drilling production status, marking a significant advancement in the intelligence of petroleum engineering [1] Summary by Sections System Development and Features - The "Victory Tiangong" system has undergone continuous upgrades, achieving the first successful integration of monitoring data into Sinopec's IPPE platform, facilitating real-time data upload and analysis [2] - This breakthrough addresses data gaps in the platform, transitioning petroleum engineering management from manual to intelligent analysis, thus supporting the automation and informatization of drilling processes [2] Industry Impact and Recognition - The system has been highly praised by experts at the Petroleum Instrumentation and Metering Standardization Technical Committee for its successful application across various work areas and its role as a "data engine" for the intelligent transformation of petroleum engineering [2] - It is recognized as a critical technological support for oil and gas exploration and development, serving as a "safety sentinel" on drilling sites [2]

Core Points - China National Petroleum Engineering Co., Ltd. has signed an EPC contract for the Iraq Basra seawater pipeline project with Basra Oil Company, valued at $2.524 billion and with a contract duration of 54 months [1] Company Overview - The project involves the construction of seawater treatment facilities, main pipelines from these facilities to various junction stations, and branch pipelines from junction stations to oil field distribution stations, along with associated surface facilities [1] - Basra Oil Company, the client, is a subsidiary of the Iraqi Ministry of Oil, focusing on the exploration, development, production, processing, storage, transportation, and export of crude oil and natural gas in southern Iraq [1]

Core Viewpoint - China National Petroleum Engineering Co., Ltd. (referred to as "the company") has signed an EPC contract worth $2.524 billion (approximately 18.032 billion RMB) with Basra Oil Company (referred to as "BOC") for the seawater pipeline project in Basra, Iraq [1] Summary by Relevant Sections Contract Details - The contract duration is 54 months, which includes 42 months for design, procurement, construction, and trial operation, followed by 12 months for operation maintenance and training [1] - The contract amount is significant, indicating a major project for the company [1] Financial Impact - The execution of the contract will not have a significant impact on the company's total assets, net assets, and net profit for the current year [1] - However, the long-term nature of the contract is expected to positively influence the company's operating revenue and total profit over the next 4-5 years [1]

Group 1 - Company announced that its wholly-owned subsidiary, China Petroleum Pipeline Engineering Co., Ltd., signed an EPC contract with Iraq's Basra Oil Company for the seawater pipeline project in Basra Province, with a contract value of $2.524 billion (approximately 18.032 billion RMB) [1] - The project contract duration is 54 months, which includes 42 months for design, procurement, construction, and trial operation, followed by 12 months for operation maintenance and training [1] - The execution of this contract will not have a significant impact on the company's total assets, net assets, and net profit for the current year, but it is expected to positively influence the company's revenue and profit totals over the next 4-5 years [1]

Group 1 - Sinopec Oilfield Services (600871) announced the signing of a fixed-price contract for the design, procurement, supply, construction, and trial operation of the Iraq Ratavi oil field phase II well site and inter-well pipeline project [1] - The contract is valued at 2.553 billion RMB [1]

Group 1 - The company, PetroChina, announced that its wholly-owned subsidiary, China Petroleum Engineering & Construction Corporation, signed a fixed-price contract worth $359,118,182 with Total Energies for the NWP project in Iraq [1] - The contract involves design, procurement, supply, construction, and commissioning for the second phase of the Ratawi oil field and associated pipeline project [1] - The contract amount is approximately 2.553 billion RMB, based on the exchange rate of 1 USD = 7.1077 RMB as of September 24, 2025 [1]

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]

石化油服（600871）(600871.SH)公告，公司全资子公司中国石化集团国际石油工程有限公司(简称"国工 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(简称"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，合同金额3.59亿美元。 公告显示，道达尔能源公司是一家总部位于法国巴黎库尔贝瓦的全球化能源巨头，成立于1924年。道达 尔能源拉塔维项目公司是为道达尔能源公司开发伊拉克拉塔维油田而专门成立的项目公司。由于合同履 行期较长，该合同实施后将对本公司未来3-4年的营业收入和利润总额产生一定积极影响。 ...