Sinopec Oilfield Service (HKG:1033, SHA:600871) unit Sinopec Oil Engineering and Construction won a 1.77 billion yuan bid for a general contracting project for the construction of a section of Heihe-Daqing and Daqing-Changling Natural Gas Pipelines.
The company will be required to construct a natural gas pipeline with a total length of around 279 kilometers within 710 days under the project, according to a Tuesday Hong Kong bourse filing.
The parties are yet to enter into a formal contract for the construction works.