"尽管近期国际油价有所起伏，但整体还是在中高位运行，石油开采企业在投资端还是敢于继续投入 的。"在海默科技相关人士看来，得益于原油价格保持坚挺，今年来上游投资热情并未减弱，作为产业 链中间环节的油服行业还是有所受益。 上游资本开支的持续扩增为油服景气奠定基础。一家研究机构预计，2025年全球上游资本开支恢复增 长，有望达到5824亿美元以上，同比增长5%。上游投资意愿增强，作为产业链核心环节的油服企业将 充分受益。前述人士表示，石油公司资本开支是关键影响因素，总体遵循"原油价格变化—油气公司业 绩变化—油气公司资本支出变化—油服公司订单变化—油服公司业绩变化"的传导路径。 油服企业接连斩获海外大单 油服公司主要依靠油田、油气端作业量"吃饭"，上游的确定投资预期将给产业公司带来射孔、压裂、测 井等诸多业务机会。从近期多家公司披露的订单情况来看，油气端的设备需求有所增长，行业公司业务 洽谈活动明显增多，尤其是海外市场，订单保持增长势头。 杰瑞股份7月9日发布公告称，公司全资子公司杰瑞油气工程收到阿尔及利亚国家石油公司Sonatrach发送 的侯德努斯天然气增压站总承包工程项目的授标函，授标函金额为6.29亿美元和 ...

Core Viewpoint - Jerry Holdings has won a significant project in Algeria worth approximately 6.126 billion yuan, marking an expansion of its oil and gas engineering services in North Africa, aligning with its strategic focus on the Middle East and North Africa [1][2][4]. Group 1: Project Details - The project awarded to Jerry Holdings involves the EPC realization of the Rhourde Nouss Boosting Project, located in the Illizi province of Algeria, with a total value of about 8.50 billion USD [2]. - The project aims to enhance the production efficiency and gas processing capacity of the Rhourde Nouss gas field by constructing a gas booster station and upgrading the gas collection pipeline network [2][3]. Group 2: Previous Contracts - Earlier in February, Jerry Holdings signed a contract with ADNOC Onshore for an estimated total amount of approximately 9.2 billion USD (about 65.55 billion yuan) for digital transformation projects in the Bab, Bu Hasa, and South East blocks [4][6]. - The ADNOC Onshore operates in a significant oil field area and has a strong financial standing, indicating a robust partnership for Jerry Holdings [6]. Group 3: Financial Performance - Jerry Holdings reported a substantial increase in revenue and net profit for Q1 2025, with revenues of 2.687 billion yuan and a net profit of 466 million yuan, reflecting year-on-year growth of 26.07% and 24.04% respectively [10]. - The company’s overseas business has shown significant results, with 45.20% of its revenue coming from international markets in 2024 [8]. Group 4: Strategic Expansion - To further its business in the Middle East and North Africa, Jerry Holdings has made preparations, including a recent decision to invest 12 million USD in its Middle Eastern subsidiary to establish a high-end oil and gas equipment manufacturing base in Dubai [7]. - The Middle East is identified as a key strategic market for Jerry Holdings, with a comprehensive business layout and significant revenue generation potential [7].