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An announcement from China Oilfield Services ( (HK:2883) ) is now available.
China Oilfield Services Limited has announced its strategic guidance for 2025, highlighting stable global oil demand and a focus on offshore exploration investments. The company plans to enhance its market structure by expanding in the Middle East and Southeast Asia, and aims to develop high-end technological brands while investing approximately RMB7.2 billion in equipment and research. These efforts are part of its goal to become a world-class energy service company with Chinese characteristics.
More about China Oilfield Services
China Oilfield Services Limited is a leading company in the oilfield services industry, primarily focusing on offshore exploration and development. The company has established a significant presence in domestic and international markets, with a strategic emphasis on technological innovation and customer asset value.
YTD Price Performance: 7.02%
Average Trading Volume: 143
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.14B
For a thorough assessment of 2883 stock, go to TipRanks’ Stock Analysis page.