BEIJING, May 22 (Xinhua) -- China Oil HBP Group announced Tuesday it received the letter of award on May 20, confirming its winning of the bid for a water treatment project in Garraf oil field of Iraq.
China Oil HBP Group will provide EPCC (engineering, procurement, construction and commissioning) service to the project, which involves a contract value of 31.75 million U.S. dollars (about 0.22 billion yuan), accounting for 13.18 percent of the group’s audited operating income in 2018.
China Oil HBP Group, founded in 1998, is an international service provider of integrated solutions for oil and gas resource development and utilization, providing global customers with efficient, clean energy and energy production methods. (Edited by Tong Wei, tongwei@xinhua.org)