CNOOC Qatar Offshore Oil and Gas General Contracting Project starts construction

On September 15, 2026, the Qatar BH EPIC project of China National Offshore Oil Corporation (CNOOC) started construction in Qingdao. This is the highest international offshore oil and gas engineering general contracting project in China to date, with a total amount of approximately 4 billion US dollars. The project includes more than 60 offshore oil and gas facilities, 40 submarine pipelines and cables, and a total steel processing capacity of over 130000 tons. During the 14th Five Year Plan period, CNOOC Engineering has undertaken over 170 overseas projects, and its global competitiveness in high-end offshore engineering contracting continues to improve. Editor/Cheng Liting

Dangote Refinery launches largest public IPO in Africa

On September 14, 2026, Nigeria's Dangote Refinery officially launched a public IPO, issuing 4.1 billion shares at 525 naira per share, fully subscribing to raise 2.15 trillion naira. The funds will be used to double the refining capacity to 1.4 million barrels per day. Previously, a $2.5 billion institutional private placement was completed in July, and the public subscription period for this time is until October 13th, with a minimum subscription threshold of 10 shares. For overseas Chinese enterprises in petrochemical equipment and engineering, they can follow up on the subsequent expansion and procurement process by combining the already established process cooperation directions. Editor/Cheng Liting

Hengjianxin ultra precision alloy shaft rod project starts construction in Taizhou

The key industrial project of Taizhou City - Hengjianxin High straightness Ultra precision Alloy Shaft and Rod Project has officially started construction in Xinghua High tech Zone, Dainan Town. The total investment of the project is 500 million yuan, with a land area of about 50 acres and a planned new factory building of about 80000 square meters. After completion and production, it will have an annual production capacity of 50000 tons of high straightness ultra precision alloy shaft rods, which can cover multiple high-end application fields such as semiconductor equipment, high-end equipment manufacturing, military support, and liquid cooling accessories for computing power centers. Editor/Cheng Liting

UNDP Holds Seminar on Green and Digital South-South Cooperation in Hangzhou

Recently, the United Nations Development Programme held a seminar in Hangzhou, with about 100 representatives attending to exchange ideas on green transformation and digital inclusion. The event commemorates the United Nations Day for South South Cooperation, explores knowledge sharing pathways, and promotes the implementation of the 2030 Agenda for Sustainable Development. Editor/Min Jing

CEEC Wins Bid for Xinjiang's First Long-Duration Grid-Forming Storage Project

Recently, CEEC won the bid for the Xinjiang Shache 200 MW/1200 MW grid type independent energy storage project, which is the first 6-hour long grid energy storage demonstration project in southern Xinjiang. The project is equipped with a 220 kV booster station, which can consume approximately 110 million kilowatt hours of abandoned photovoltaic power annually after commissioning, supporting the integration of local new energy bases into the grid. Editor/Min Jing

Tianjin-Weifang High-speed Railway Starts Track Laying at Dongying South Station

Recently, the Jinwei high-speed railway constructed by CR21G started track laying operations at Dongying South Station, with a total length of 348 kilometers and a designed speed of 350 kilometers per hour. The project utilizes multiple intelligent equipment to solve construction difficulties. After the completion of the line, it will improve the high-speed railway network around the Bohai Sea, and help promote the coordinated development of Beijing Tianjin Hebei and the construction of the Shandong Peninsula urban agglomeration. Editor/Min Jing