Zhitong Finance APP was informed that on September 8, CNPC Engineering (600339.SH) pointed out in the performance briefing that the company achieved operating income of 40.208 billion yuan in the first half of the year, an increase of 22.94% year-on-year, and the company signed new contracts in the first half of the year was 49.734 billion yuan, an increase of 7.27% year-on-year, and the bid was won for 4.959 billion yuan without signing contracts; in terms of overseas business, the company's business has expanded to 77 countries and regions in the Middle East, Central Asia, Asia-Pacific, Africa and the Americas. Kazakhstan, Malaysia and other 24 countries have formed a large-scale market with a contract value of more than 100 million US dollars; It has become an oil company in 28 countries such as Aramco, Venezuelan Oil Company, Gazprom, ADNOC and so on; In terms of new energy-related business, in the first half of the year, the company accelerated the development of new energy businesses such as geothermal, photovoltaic, wind power, hydrogen energy technology research and development, and biomass energy development.
In the first half of the year, the amount of newly signed contracts was 49.734 billion yuan, an increase of 7.27% year-on-year.
According to CNPC Engineering, the company achieved operating income of 40.208 billion yuan in the first half of the year, an increase of 22.94% year-on-year; The net profit attributable to the shareholders of the listed company was 638 million yuan, an increase of 32.80% year-on-year.
Based on the development positioning of oil and gas engineering and new energy and new material engineering integrated service providers, the company further consolidates and expands the traditional businesses of oil and gas field surface engineering, oil and gas storage and long-distance pipeline engineering, oil refining and chemical engineering, coal chemical engineering, LNG engineering, textile chemical fiber and aromatics engineering, environmental engineering, project management, etc., and accelerates the development of offshore oil and gas engineering, geothermal, hydrogen energy, photovoltaic power generation, offshore wind power, as well as new energy new business projects such as CCUS, high-performance synthetic resins, special engineering plastics, and special rubber.
In the first half of the year, the company signed 49.734 billion yuan of new contracts, an increase of 7.27% year-on-year, and won the bid for 4.959 billion yuan of unsigned contracts. In China, it has successfully signed 6 projects with a contract amount of more than 1 billion yuan, such as the construction of the new block of Jiaxian New Block in Jidong Shenmu Gas Field, the LNG receiving station in Huizhou and Tangshan, the submarine natural gas pipeline in Jiaozhou Bay in Qingdao, and the 1 and 2 lots of Yulongdao Refining and Chemical Integration Chemical Industry, and the single contract amount of oil and gas field surface engineering has reached a new high; Overseas, it successfully signed two new crude oil processing projects in West Gurna-1 and two projects with a contract value of more than 1 billion yuan for the ground facilities of Uganda Kingfisher Oilfield, entering the Uganda EPC and PMC markets for the first time.
Overseas business has expanded to 77 countries and regions
In terms of overseas business, at present, the company's business has expanded to 77 countries and regions in the Middle East, Central Asia, Asia-Pacific, Africa and the Americas, and 24 countries such as the United Arab Emirates, Kazakhstan and Malaysia have formed a scale market with a contract amount of more than 100 million US dollars; It has become a qualified contractor for 28 national oil companies such as Aramco, Venezuelan Oil Company, Gazprom, ADNOC, and international oil companies such as ExxonMobil, BP, Shell, Total Energy, and Eni.
In the 2022 Global Contractors Top 250 list released by ENR, CNPC Engineering ranked 31st, up 8 places from the previous year, in the list of the top 250 international contractors, CNPC Engineering ranked 30th, up 3 places from 2021, and in the 2022 "Top 225 International Engineering Design Companies" and "Top 150 Global Engineering Design Companies" double list rankings, CNPC Engineering ranked 48th and 50th respectively, an increase of 8 places over 2021.
In the first half of this year, the company deepened cooperation with IOC and NOC such as ExxonMobil, Total, And Petronas of Thailand, as well as leading international engineering companies such as Fluor, Wally, PGE, and Saipan, with a new contract amount of 8.914 billion yuan, a new contract amount of more than 500 million yuan signed in 4 countries, and achieved a new breakthrough in international business in international high-end customers such as Total, BASF, and Abu Dhabi National Petroleum Company.
In the first half of the year, we accelerated the development of new energy businesses such as geothermal energy and photovoltaics
In terms of new energy-related business, CNPC Engineering said that in the first half of the year, the company accelerated the development of new energy businesses such as geothermal, photovoltaic, wind power, hydrogen energy technology research and development, biomass energy development, and new materials such as high-performance synthetic resins, special engineering plastics, and special rubber, vigorously promoted energy conservation and emission reduction, green technology, CCUS and other technologies, and innovated new models such as technology research and development and transfer, pre-consultation, engineering investment and financing, and operation and maintenance services.
In terms of continuously optimizing the business structure, CNPC Engineering has implemented a differentiated business development strategy, and on the basis of continuously consolidating the traditional business market, vigorously cultivates and develops high-end technical service business and "two new" business markets, laying a solid foundation for promoting the transformation and development of the company. In the first half of this year, the company signed a detailed design contract for the Abu Dhabi West East Pipeline FEED and Nasiriyah Natural Gas Processing Plant, and the high-end business market space continued to expand; Successfully signed shandong Lianhong Gerun 200,000 tons / year EVA, Xinjiang Dunhua Wucaiwan Industrial Park and Shihezi Shihutan Industrial Park 2 100,000 tons / year CCUS project, Daqing Petrochemical 400,000 tons / year high concentration CO2 recovery, Yumen Oilfield 2022 hydropower plant hydrogen pipeline and other "two new" business projects, the cumulative signed "two new" business contracts of 5.083 billion yuan, becoming a new benefit growth point of the company. Successfully obtained shell green hydrogen production and filling pre-feasibility study contract, achieving a breakthrough of zero in the new energy market for international high-end customers.
Layout and plan of the business market in the second half of the year
For the company's layout and plan in the business market in the second half of the year, CNPC Engineering said that in China, it will focus on following up the transformation and upgrading projects of Jilin Petrochemical and Guangxi Petrochemical and the ethylene transformation projects of Sichuan, Lanzhou, Daqing and Fushun, and increase the development of major customers such as China National Offshore Oil Group, National Pipeline Network Company, Provincial Pipeline Network Company and international chemical companies in domestic investment projects.
Overseas, in accordance with the strategy of "consolidating and strengthening the Middle East market, deepening and expanding the Central Asia-Russia market, actively exploring the Asia-Pacific market, serving the African market, and paying close attention to the American market", we have actively intervened in the noc and IOC middle and upper reaches of the oil and gas field surface and oil and gas storage and transportation engineering markets, and promoted the signing of a number of foreign projects such as the new compressor station in South Rumara Hamar-Mishrif and the change of LNG in Cyprus. In accordance with the principle of taking into account the quantity and efficiency, firmly adhere to the traditional business market, expand the growth business market, seize the emerging business market, especially focus on the "two new" business areas, strengthen in-depth cooperation with financial institutions and industrial funds, follow up the new energy business layout of The "six bases" and "five major projects" of China National Petroleum Corporation, and promote the breakthrough of CCUS, wind and optoelectronics, geothermal and chemical new material projects.
This article originated from Zhitong Finance Network