Sinopec Engineering (600339.SH) subsidiary won the bid for the $1.601 billion USD EPSCC project of the gas processing plant in the Atavi oil field in Iraq.

Zhixingtong Finance APP News, China National Offshore Oil Corporation Engineering (600339.SH) announced that its wholly-owned subsidiary China Petroleum Engineering Construction Co., Ltd. (hereinafter referred to as "Engineering Construction Co., Ltd.") recently received the award letter from the owner TotalEnergies (hereinafter referred to as "TotalEnergies") for the EPSCC project of the gas processing plant in the Atavi Oil Field in Iraq (hereinafter referred to as the "Atavi GPP project"), to build a natural gas processing unit with a daily processing capacity of 320 million cubic feet (MMSCFD), the estimated contract value is 1.601 billion US dollars (approximately 11.538 billion RMB), and the planned duration for temporary acceptance of the project is 39 months.