Sinopec Oilfield Service Unit Bags 1.77 Billion Yuan Bid for Pipeline Construction Project

MT Newswires Live

Jul 07

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.

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