[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

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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