Core Viewpoint - Sinopec's North China Petroleum Engineering has successfully commenced drilling on its first total package contract well AH-0312 in Kuwait, marking a significant breakthrough in its overseas market strategy and a transition from "construction services" to "general contracting management" [1] Group 1: Project Management and Strategy - The company emphasizes a "front and back integration, multi-professional collaboration" management model to ensure efficient project execution [1] - Comprehensive management covers drilling design, technical plan formulation, material procurement, and on-site operations [1] - An expert team has been dispatched to Kuwait to work closely with Sinopec International Petroleum Engineering Company’s Kuwait branch, enhancing project coordination and decision-making efficiency [1] Group 2: Project Execution and Performance - The SP158 team in Kuwait demonstrated strong execution capabilities, completing a full set of equipment overhaul and startup preparations in just 80 days, exceeding the original contract by one month [1] - The team achieved a rapid transition from passing the client's inspection to officially commencing drilling within 6 days, showcasing high operational efficiency [1] - The comprehensive efficiency of the overhaul and startup ranked first among concurrent preparation teams, earning high recognition from the client and exemplifying the spirit of "daring to fight tough battles and winning them" [1]