Offshore oil engineering: net profit in the first quarter was 541 million yuan, a year-on-year increase of 13.85%.

CNOOC Engineering disclosed its first quarter report on the evening of April 25. The company achieved operating income of 5.096 billion yuan in the first quarter of 2025, a year-on-year decrease of 10.15%; net profit was 541 million yuan, a year-on-year increase of 13.85%. During the reporting period, the company secured contracts worth 3.563 billion yuan. As of the end of the reporting period, the total amount of orders in hand was approximately 38.4 billion yuan.