Jerry Co., Ltd. (002353.SZ) subsidiary received three ADNOC Onshore project award letters totaling approximately US$2,697 million

According to Zhitong Finance App, Jerry Co., Ltd. (002353.SZ) issued an announcement. Recently, Jerry Oil & Gas Engineering Co., Ltd. Abu Dhabi Branch (“Jerry Oil & Gas Engineering”), a branch of Jerry Oil & Gas Engineering Co., Ltd., a wholly-owned subsidiary of the company, received three project award letters from the owner, Abu Dhabi National Petroleum Company Onshore Company (“ADNOC Onshore”), the owner of the United Arab Emirates, involving a total amount of about US$2,696.7 billion (approximately RMB 18.116 billion).

Among them, the total amount of the Ruwais Diyab gas field comprehensive development project was US$1,704.2 million; the total amount of the Bab/North East Bab oilfield onshore facility construction project was US$599.7 million; and the total amount of the Bu Hasa oilfield onshore facility construction project was US$392.8 million. Jerry Oil and Gas Engineering has rich technical capabilities and construction experience in oil and gas field ground engineering. The existing technology and resources can meet the implementation needs of the above projects. If the above projects are formally signed and successfully implemented, they will help the company further consolidate and expand the onshore oil and gas field integrated engineering service market in the UAE and the Middle East, and will continue to have a positive impact on the company's future revenue and profits, and strengthen the company's influence and competitiveness in the oil and gas field.