Sinopec Engineering: Subsidiary receives contract worth approximately 2.122 billion yuan for the EPSCC project of the midstream gas pipeline network in Iraq's Attawi oilfield.

date
07/06/2025
China Oil Engineering announced that its wholly-owned subsidiary, China Petroleum Pipeline Engineering Co., Ltd., has received a letter of award for the EPSCC project of the midstream gas pipeline network in the Atavi Oilfield in Iraq from the owner, TotalEnergies. The contract amount is expected to be approximately $294 million. If the project is formally signed and successfully implemented, it will benefit the company in further consolidating and expanding its oil and gas transportation engineering business market in Iraq and the Middle East region, and will have a positive impact on the company's revenue and total profit for the next 3-4 years.