Sinopec Oilfield Service (HK:1033) has released an update.
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Sinopec Oilfield Service Corporation has unveiled its 2024 Action Plan, focusing on enhancing quality, efficiency, and investor returns, in alignment with directives from China’s 20th National Congress and financial authorities. The company is set to strengthen its main business and improve operational quality, with a goal of becoming a world-class, technology-led oilfield service provider. Notably, Sinopec has already achieved a 14.2% year-on-year increase in new contract value in the first half of 2024, with significant contract wins in both domestic and international markets.
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