TOTALENERGIES : contrat avec sinopec

a.thirar

24 sept. 2025 •17:47

Sinopec Oilfield Service Corporation has announced the signing of a new overseas contract with TotalEnergies Latavi Project Company. The contract, valued at approximately USD 359 million, involves the design, procurement, supply, construction, and commissioning of the Phase II Well Site and Interwell Pipeline Project in the Latifiya oil region in Iraq. The project, expected to be mechanically completed by March 31, 2029, includes the construction of five new production and reinjection well sites, the upgrading of 11 old well sites, and the installation of 44 gathering and transportation pipelines across a total distance of 140 kilometers. The performance of this contract is anticipated to have a positive impact on the company's operating revenue and total profit over the next three to four years, despite potential risks from unforeseeable factors such as market or economic changes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinopec Oilfield Service Corp. published the original content used to generate this news brief on September 24, 2025, and is solely responsible for the information contained therein.