Anton Oilfield (03337): The second quarter31.09, an increase of 3.2% year-on-year.
Andeavor Services (03337) announced that in the second quarter, the situation in the Middle East has eased temporarily, but regional conflicts and security risks still exist. Major energy transportation channels are gradually resuming, global supply chain disruptions are marginally easing, and regional uncertainties remain high. OPEC+ continues to gradually increase production in stages, resulting in a mix of loose supply and inventory recovery in the market. Oil prices have been fluctuating around $70 per barrel after a high-level fallback in the supply-demand rebalance and macroeconomic expectations. With the resumption of production in the Middle East, there is strong demand for oil and gas upstream investments and services.
ANTON OILFIELD (03337) has announced that in the second quarter, the situation in the Middle East has eased temporarily, but regional conflicts and security risks still exist. Major energy transportation channels are gradually recovering, global supply chain disruptions are easing marginally, and regional uncertainties remain high. OPEC+ continues with phased production increases, leading to a period of loose supply and inventory recovery in the market. Oil prices have fluctuated around $70 per barrel after falling from high levels due to a balance between supply and demand and macroeconomic expectations, with increased production in the Middle East and strong demand for oil and gas upstream investments and services.
In the second quarter, the Group focused on "expanding key markets and enhancing operational efficiency." On one hand, it accelerated the development of new global markets, such as the GCC countries, North Africa, and key markets like Iraq, by strengthening long-term project opportunities, converting key business opportunities, and actively investing in oil and gas development and large-scale integrated projects. On the other hand, it continued to deepen Amoeba management reform, promote real-time and refined management of operational data, strengthen cost control and efficiency improvement, enhance turnover efficiency and cash flow quality, optimize operational delivery and technical support systems, and continuously improve operational resilience and profitability.
In the second quarter, the Group added new orders worth RMB 3.109 billion, an increase of 3.2% compared to the same period last year. Among them, new orders from the Iraqi market were approximately RMB 632 million, a decrease of 65.1% from the same period last year; new orders from other overseas markets were approximately RMB 1.552 billion, an increase of 441.0% from the same period last year; and new orders from the Chinese market were approximately RMB 925.5 million, an increase of 1.3% from the same period last year.
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