[Bidding Opening for Ningbo Xiwu-Ma'aoling Expressway Expansion Project]On March 22, 2023, the Zhejiang Provincial Department of Transportation released the announcement of the bid evaluation results for investors in the reconstruction and expansion project of the G15 Shenhai Expressway Ningbo Xiwu to Ma'aoling section. The G15 Shenhai Expressway Ningbo Jiangshan to Ma'aoling section is a national The G15 Shenhai Expressway, one of the 11 north-south longitudinal lines of the expressway network, is a component of the nine-vertical, nine-horizontal, five-ring, and five-channel multi-connection of the expressway network in Zhejiang Province. It is also a part of the Yongtaiwen Expressway. component. The G15 Shenhai Expressway Ningbo Jiangshan-Ma'aoling Section Reconstruction and Expansion Project is divided into two projects: the G15 Shenhai Expressway Ningbo Jiangshan-Xiwu Section Reconstruction and Expansion Project, and the G15 Shenhai Expressway Ningbo Xiwu-Maaoling Section Reconstruction and Expansion Project. The total length of the main line of this project is 69.069km, of which the width along the old road is 53.615km, the new line is 15.454km, and the length of the Meilin branch line is 2.99km. A total of 6 intercommunications and 2 service areas are set up in this project. Among them, 3 existing intercommunications need to be reconstructed in situ, 1 relocated intercommunication, 2 newly built intercommunications, 1 expanded service area, and 1 relocated service area. The main line is equipped with 20598m/114 bridges, including 10726m/5 super-large bridges, 7589m/18 large bridges, 2283m/91 medium and small bridges; 5400.5m/5 tunnels, including 4530.5m/3 long tunnels and 870m medium and short tunnels /2 blocks; the length of bridges and tunnels accounts for 37.65% of the total length of the route. The project investment is estimated to be about 19.698 billion yuan, of which construction and installation costs are about 12.006 billion yuan. Editor / Zhao E
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
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