
Anton Oilfield Services Reports Strong Overseas Growth and Sustainability Achievements in Q2 2025

Anton Oilfield Services (Group) Ltd. reported a 20.5% increase in new orders in Q2 2025, driven by growth in coiled tubing services and intelligent oilfield systems. The company entered the Sarawak market with a natural gas project and saw a 69.3% rise in overseas orders, despite a 5.4% decline in China. Global oil price fluctuations impacted the sector, but upstream capital expenditure remained strong amid the energy transition.
Anton Oilfield Services (Group) Ltd. announced its operational update for the second quarter of 2025, reporting a significant year-on-year increase of 20.5% in new orders due to growth in coiled tubing services, intelligent oilfield system construction, and inspection services. The company achieved a breakthrough in Sarawak, Malaysia, by securing a natural gas utilization project, marking its first entry into the local market. Additionally, contracts for drilling fluid services in Chad and downhole tools sales in Kazakhstan contributed to a 69.3% year-on-year increase in new orders across these overseas markets. However, in China, new orders declined by 5.4%, despite the Group focusing on high-quality, large-scale projects such as unconventional gas well fracturing services and drill pipe inspection. The second quarter was marked by significant global oil price fluctuations, largely due to U.S. tariff policies, geopolitical tensions, and increased production by OPEC+. Despite these challenges, upstream capital expenditure in the oil and gas sector remained resilient, with a growing emphasis on improving development efficiency as the global energy transition continued. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anton Oilfield Services (Group) Ltd. published the original content used to generate this news brief on July 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
