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China Oilfield Services Secures New Drilling Contracts
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China Oilfield Services Secures New Drilling Contracts

China Oilfield Services (HK:2883) has released an update.

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China Oilfield Services Limited has announced new contracts for drilling rig services with CNOOC (China) Limited and a prominent Southeast Asian oil company, which are expected to begin operations between late August and early September, and mid-December to January respectively. These agreements, which are part of the company’s ongoing internationalization and high-quality development strategy, are designed to create greater shareholder value without comprising notifiable or connected transactions under Hong Kong’s Listing Rules.

For further insights into HK:2883 stock, check out TipRanks’ Stock Analysis page.

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