Petrochemical Oil Service (600871.SH) announced that recently, Sinopec Petroleum Engineering Construction Co., Ltd., a wholly-owned subsidiary of the company...
Zhitong Finance App News, Petrochemical Oil Service (600871.SH) announced that recently, Sinopec Petroleum Engineering Construction Co., Ltd., a wholly-owned subsidiary of the company, won the bid for the second phase of the Hulin-Changchun gas pipeline construction general contracting project of China National Petroleum Pipeline Network Group Co., Ltd. The winning bid amount was RMB 1,389 billion, accounting for about 1.88% of the company's 2022 revenue under Chinese accounting standards. The second section that the company won the bid for is 331.7 kilometers long. There are several construction projects such as stations, valve chambers, directional drilling, and crossing along the route. It is the longest section of the three bid sections.