证券日报网讯 9月25日晚间，中油工程发布公告称，公司全资子公司中国石油管道局工程有限公司近日 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签署EPC承包合同，合同金额25.24 亿美元（以项目授标日汇率折算约180.32亿元人民币）。 （文章来源：证券日报） ...

该合同履行对公司本年度的资产总额、净资产和净利润等不构成重大影响。由于合同履行期较长，该合 同实施后将对公司未来4-5年的营业收入和利润总额产生一定积极影响。 智通财经APP讯，中油工程(600339.SH)发布公告，公司全资子公司中国石油管道局工程有限公司(简 称"管道局工程公司")近日与伊拉克巴士拉石油公司(简称"BOC")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，合同金额25.24亿美元(以项目授标日汇率折算约 180.32亿元人民币)。项目合同期为54个月(设计采购施工试运阶段42个月+运行维护培训阶段12个月)。 ...

格隆汇9月25日丨中油工程(600339.SH)公布，公司全资子公司中国石油管道局工程有限公司(称"管道局 工程公司")近日与伊拉克巴士拉石油公司(称"BOC")就伊拉克巴士拉省海水输送管道总包项目(称"伊拉 克海水管道项目")签署EPC承包合同，合同金额25.24亿美元(以项目授标日汇率折算约180.32亿元人民 币)。 ...

Core Viewpoint - The company is issuing A-shares to specific investors, which will dilute immediate returns but aims to enhance long-term growth and financial stability through strategic investments in key projects [1][5][10]. Financial Impact - The total amount raised from the issuance is approximately 5.91 billion yuan, which will be used for specific projects [2][5]. - The issuance will increase the total share capital from 5,583,147,471 shares to 7,258,091,712 shares [3]. - The basic earnings per share (EPS) before the issuance is 0.1138 yuan, which is projected to decrease to 0.0876 yuan post-issuance under a scenario where 2025 profits remain flat compared to 2024 [3][4]. Use of Proceeds - 70% of the raised funds will be allocated to the Iraq Basra seawater pipeline project and the UAE Abu Dhabi gas pipeline project, while 30% will be used to supplement working capital [9][11]. - The projects are aligned with the company's core business and national industrial policies, expected to enhance service capabilities and profitability [9][11]. Strategic Importance - The projects are crucial for developing oil and gas resources in Iraq and the UAE, which are rich in reserves but face challenges in infrastructure and technology [7][8]. - The company aims to strengthen its international competitiveness and expand its market presence through these investments [7][8]. Risk Mitigation Measures - The company has established a management plan for the raised funds to ensure compliance and effective use [14]. - It will adhere to a profit distribution policy to protect investor returns and mitigate the dilution of immediate returns [15]. Commitment to Investors - The board and senior management have committed to ensuring the effectiveness of the measures to mitigate the dilution of immediate returns [16].

Core Viewpoint - China Oil Engineering has secured a significant contract for the Iraq seawater pipeline project, valued at approximately $2.524 billion (around 18.032 billion RMB), which is expected to positively impact the company's revenue and profit over the next 4-5 years [2][4][6]. Group 1: Contract Details - The contract for the Iraq seawater pipeline project includes the construction of seawater treatment facilities and associated pipelines, with a contract duration of 54 months [2][4]. - The project is currently in the bidding stage, and the formal contract signing is subject to uncertainty [4][5]. - The company has a history of securing large overseas contracts, including a $1.601 billion (approximately 11.538 billion RMB) contract for the Iraq Atawi gas processing plant project [6]. Group 2: Financial Performance - As of the first quarter of 2025, the company's contract liabilities reached 30.845 billion RMB, marking a historical high and a year-on-year increase of 19.82% [3][10]. - The company aims to achieve new contract amounts of 130 billion RMB and operating revenue of 86.5 billion RMB in 2025, reflecting a strategy of "seeking progress while maintaining stability" amid market volatility [3][10]. - The company reported revenues of 83.59 billion RMB, 80.343 billion RMB, and 85.917 billion RMB for the years 2022 to 2024, with net profits of 7.24 billion RMB, 7.46 billion RMB, and 6.35 billion RMB respectively [8]. Group 3: Market Strategy - The company is focusing on high-end market segments and has been expanding its cooperation with international oil companies and national oil companies, including TotalEnergies and Abu Dhabi National Oil Company [7][9]. - In 2024, the company secured new contracts worth 32.983 billion RMB in high-end markets, a year-on-year increase of 46.21% [9]. - The company is also enhancing its business structure by shifting towards high-value services such as design, consulting, and project management [7].

Core Viewpoint - China National Petroleum Engineering Company (600339.SH) has received a project award letter from Iraq's Basra Oil Company for the Basra seawater pipeline project, with a contract value of $2.524 billion (approximately 18.032 billion RMB) [1] Group 1 - The project involves the construction of seawater treatment facilities, main pipelines from the treatment facilities to various junction stations, and branch pipelines from junction stations to oil field distribution stations, along with associated ground facilities [1] - The contract duration is set for 54 months, which includes 42 months for design, procurement, construction, and trial operation, followed by 12 months for operation maintenance and training [1]