bestcryptogamestoearn| Anton Oilfield Services won the bid to develop the Dhariyah Oilfield in Iraq

Andong Oilfield Services (03337) announced that the Group successfully won the right to develop Dhafriyah oilfields for 25 years in the fifth round plus and the sixth round of oil field bidding in Iraq on May 12. The group will participate in the oil field block as an operatorBestcryptogamestoearnThe development of.

The essence of the project is a general contract for oil field technical services. Andong will always be committed to providing first-class oil field technical services to the customers of oil companies.BestcryptogamestoearnThe group adopts a differentiated management strategy to avoid project competition with customers of oil companies. In this round of block bidding, the group gives full play to its own advantages, actively participates in and takes the initiative to fill places, and is committed to contributing to the efficient development of oil and gas resources in Iraq. At the same time, the Group always adheres to strong risk management and control. In terms of block selection, the Group chooses more mature evaluation and development blocks rather than exploration blocks, and selects areas with lower risk to avoid high-risk areas; in addition, the Group always adheres to the business development model of light assets, and the Group will promote the high-quality development of the oil field block with ecological partners through a platform management model and organizing resources.