[Norway's largest international oil field has been put into operation in Brazil] The Bacalhau oil field in Brazil has officially started production. The recoverable reserves of this oil field exceed 1 billion barrels of oil equivalent, making it Equinor's largest international offshore oil field project in history, with a total investment of approximately 8 billion US dollars. The Bacalhau oil field is located in the pre salt area of the Santos Basin in Brazil, with a water depth of over 2000 meters. The project is equipped with the world's most advanced floating production, storage, and unloading equipment, with a daily crude oil production capacity of 220000 barrels. The first phase of the development project includes 19 production wells and injection wells. The project adopts combined cycle gas turbine technology and is expected to emit approximately 9 kilograms of carbon dioxide per barrel of oil equivalent, setting a new benchmark for deepwater oil and gas development. Equinor stated that this project will support the company's goal of achieving international business free cash flow exceeding $5 billion by 2030. Within a 30-year mining cycle, the project will create approximately 50000 job opportunities for Brazil. The project was originally planned to be put into operation in 2024, but due to technical complexity and other factors, it was delayed. Its smooth operation has demonstrative significance for foreign investment participation in the Brazilian oil and gas market. Editor/Yang Beihua

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• 2025.12.12 17:31
• [State owned enterprise Xiong'an Science and Technology Innovation]
• As a landmark project undertaken by a state-owned energy enterprise to relocate non capital functions in Beijing, Xiong'an Science and Technology Innovation Park has officially started construction. This project focuses on building a new energy system, aiming to create an innovative highland that integrates technology research and development, achievement transformation, and industrial incubation. The project will deeply integrate various clean energy sources such as geothermal and photovoltaic, create a nearly zero carbon demonstration park, and plan to introduce national innovation platforms and high-end talents, focusing on cutting-edge fields such as smart energy and hydrogen energy. This move is not only an important measure for central enterprises to serve the construction of Xiong'an New Area and implement the "dual carbon" goals, but also a powerful push for the high-end, intelligent, and green development of the energy industry in the new area, injecting strong impetus into the creation of a world-class green and smart new city.Editor/Bian Wenjun

• 2025.12.12 17:30
• [Kaiping International Wealth Plaza lays foundation and starts construction]
• The groundbreaking ceremony for the Kaiping International Wealth Plaza project, with a total investment of 180 million yuan, officially kicked off the construction. This project is undertaken by China Construction Third Engineering Bureau and is one of the key projects promoting the "High Quality Development Project of Hundred Counties, Thousand Towns, and Ten Thousand Villages" in Kaiping City. The project is located in Sanbu Street, Kaiping City, with a total construction area of approximately 32000 square meters. It will build a 15 story hotel and a 7-story office building, as well as a commercial podium. After completion, it will integrate accommodation, business, catering, and entertainment, becoming another important urban commercial complex and new landmark in Kaiping City. The commencement of this project will not only effectively enhance the quality of urban functions and meet the diverse consumption needs of citizens, but also provide a large number of job opportunities for the local area, injecting new vitality into the high-quality development of the economy in Kaiping city.Editor/Bian Wenjun