[By the end of December 2022, all infrastructure fund projects will be started] On November 28, 2022, the official website of the National Development and Reform Commission (NDRC) showed that Luo Guosan, director of the Investment Department of the NDRC, presided over a video scheduling meeting of the National Fund projects on November 25, and pointed out that the construction and fund payment progress of the two batches of policy-based development financial instruments signed for the projects were better than expected, and the next "final five days of the decisive battle" would be. To achieve the goal of all projects started before November 30. Editor/Xu Shengpeng
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  • 2026.08.05 16:36
  • [Saudi Aramco completes bidding for multiple offshore oil and gas EPCI projects]
  • Saudi Aramco is advancing the construction of offshore oil and gas production capacity. The bidding documents for five offshore EPCI projects will be submitted on August 1, 2026, involving six major offshore oil and gas fields. The bidding has been delayed multiple times. The project covers the construction of pipeline racks, production deck modules, and the improvement of offshore production facilities. Saudi Aramco's recent offshore capital investment has continued to rise, having previously awarded multiple large contracts. CNOOC Engineering has won the relevant CRPO contract in April 2026, and the Saudi market continues to release opportunities for global engineering companies.Editor/Gong Ziwei
  • 2026.08.05 16:32
  • [Sinoma International signs $476 million cement equipment contract with Nigeria]
  • Recently, Sinoma International signed a $476 million equipment supply contract with Dangote Industries in Nigeria to provide core equipment, materials, and a 12-month warranty for two new clinker production lines at Itoli Cement Plant. The production line can produce 6000 tons of clinker per day, and it is planned to produce clinker within 24 months after equipment debugging. The project aligns with Dangote's development vision and will help expand local cement production capacity and increase exports, continuing the cooperation between the two parties and demonstrating the strength of Chinese enterprises' deep participation in African infrastructure.Editor/Gong Ziwei
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