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Dalipal Unit Bags China National Petroleum's 2026 Procurement Contracts

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Dalipal (HKG:1921) unit Dalipal Pipe was awarded contracts for up to 270,000 tons of products in China National Petroleum Corporation's 2026 procurement tender, according to a Wednesday Hong Kong bourse filing.

Shares of the smart and green manufacturing company were down nearly 2% in Thursday afternoon trading.

The products under the procurement contracts include oil country tubular goods complying with American Petroleum Institute standards, as well as PC-I premium connection tubulars for oil and gas wells designated by PetroChina Group.

The awarded volume under the tender represents a 64% boost from a year prior.

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