[CNOOC Engineering signs the largest oil and gas engineering contract in the Middle East]On October 24, 2025, China National Offshore Oil Engineering Corporation (referred to as "CNOOC Engineering") and Qatar Energy Company officially signed an EPC contract for the Burhani offshore oil field project, valued at approximately 4 billion US dollars (28.5 billion yuan). The project will start in October 2025 and is expected to be completed by June 2031.
According to the contract, CNOOC Engineering will be responsible for the design, procurement, construction, transportation, installation, and commissioning of over 60 independent offshore oil and gas facilities, as well as 40 subsea pipelines and cables. At the same time, it will undertake the tasks of renovating existing platforms and dismantling abandoned platforms. The steel processing volume of the project is expected to exceed 130000 tons, and its business coverage and engineering complexity have set world records.
The Burhani oil field is located in the Persian Gulf, about 100 kilometers east of Qatar, with a maximum depth of about 40 meters. This cooperation is the largest contract amount for oil and gas engineering projects obtained by Chinese enterprises in the Middle East region, marking the international recognition of China's comprehensive strength in the field of high-end marine engineering. Editor/Yang Beihua
On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting
At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting