Sinopec Oilfield Service's (HKG:1033, SHA:600871) unit Sinopec Oil Engineering and Construction recently won the bid for the construction of an 834-kilometer long natural gas pipeline, a Friday bourse filing said.
The bid price was 4.59 billion yuan and the construction period consists of 1000 days, according to the oil and gas machinery and equipment manufacturer.
The parties are yet to enter into a formal contract regarding the project.