长江商报消息 ●长江商报记者 黄聪 在海外市场上，中油工程（600339.SH）不断"报喜"。 9月26日，中油工程发布公告，公司全资子公司中国石油管道局工程有限公司（以下简称"管道局工程公司"）近日 与伊拉克巴士拉石油公司（以下简称"BOC"）就伊拉克巴士拉省海水输送管道总包项目（以下简称"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）。 长江商报记者统计发现，约三个月来，中油工程签下四大海外项目合同，合同总金额达353.8亿元。 值得一提的是，2025年上半年，在国内市场新签合同额同比减少7.27%的情况下，中油工程国际市场新签合同额 231.82亿元，占公司整体新签合同额的31.58%，同比增长9.86%。 三个月签下四大海外项目合同 中油工程主要经营模式涵盖项目前端咨询、技术转让、前端设计（FEED）、设计采购施工试运（EPCC）总承 包、设计采购施工管理（EPCM）总承包等工程建设全价值链，能够为客户提供项目一揽子综合解决方案。 9月26日，中油工程发布公告，公司全资子公司管道局工程公司近日与BOC就伊拉克海水管道项目签署EPC承 ...

【导读】中油工程子公司签订超180亿元伊拉克海水输送管道EPC合同 中国基金报记者 闻言 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（以下简称管道局工程公司）针对伊拉克巴士拉省海水输送管道总包 项目签署EPC（工程总承包）承包合同，合同金额达25.24亿美元（约为180.32亿元人民币）。 这是中油工程时隔3个月后，再获超百亿元中东大单。中油工程6月14日发布公告称，公司全资子公司中国石油工程建设有限公司针对伊拉克阿塔维油田气 体处理厂项目签署EPSCC（设计、采购、供货、施工、试运）承包合同，合同金额达16.01亿美元（约为115.38亿元人民币）。 中油工程最新签署的项目合同金额，接近其最新市值。截至9月25日收盘，中油工程股价报3.39元/股，总市值为189.3亿元。 签下超180亿元中东大单 公告显示，近日，管道局工程公司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，合同金额达25.24亿美元，以项 目授标日汇率折算约为180.32亿元人民币。 伊拉克巴士拉省海水输送管道总包项目为EPC总承包模式，工作范围包括建设海水处理设施到各联络站 ...

【导读】中油工程子公司签订 超 180亿元伊拉克海水输送管道EPC合同 中国基金报记者 闻言 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（以 下简称管道局工程公司） 针对 伊拉克巴士拉省海水输送管道总包项目签署EPC （工程总承 包） 承包合同， 合同金额 达 25.24亿美元（约 为 180.32亿元人民币） 。 签下超180亿元中东大单 公告显示，近日， 管道局工程公司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 达 25.24亿美元，以项目授标日汇率折算约 为 180.32亿元人民币。 这是中油工程 时隔3个月 后 ，再获超 百 亿元 中东大单 。 中油工程 6月14日发布 公告 称，公司全资子公司中国石油工程建设有限公司 针对 伊拉克阿塔维油田气体处理厂项目签署 EPSCC （设计、采购、供货、施工、试运） 承包合同，合同金额 达 16.01亿美元（约 为 115.38亿元人民币）。 中油工程 最新 签署的 项目 合同金额，接近其最新市值。截至9月25日收盘，中油工程股价 报3.39元/股，总市值为189.3亿元。 ...

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 (CNPC Engineering) has signed an EPSCC contract worth approximately 16.01 billion USD (about 115.38 billion RMB) with TotalEnergies for the Atawi Gas Processing Plant project in Iraq, marking a significant achievement in securing contracts in the Middle East [1][3]. Group 1: Contract Details - The Atawi GPP project involves the construction of a gas processing facility with a capacity of 320 million standard cubic feet per day (MMSCFD) [3]. - This contract is the largest among three Middle Eastern orders announced by CNPC Engineering this year, with only this contract being formally signed [1][3]. Group 2: Financial Performance - CNPC Engineering has reported a year-on-year revenue increase of 6.94% for 2024 and 16.26% for the first quarter of 2025, but the net profit attributable to shareholders has decreased by 14.80% and 19.82% respectively [5][8]. - The company has faced challenges with "increasing revenue but decreasing profit," attributed to intensified industry competition and issues with overseas project claims [5][8]. Group 3: Market Impact - Following the announcement of the contract, CNPC Engineering's A-share price rose by 5.68%, with a total market capitalization of 18.7 billion RMB as of June 13 [8].

Group 1 - The company announced that its wholly-owned subsidiary, China Petroleum Engineering Construction Co., has signed an EPSCC contract with TotalEnergies for the gas processing plant project at the Atawi oil field in Iraq, with a contract value of $1.601 billion (approximately 11.538 billion RMB) [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 operating income and total profit over the next 4-5 years [1]