[Sineng Electric signed a contract with Saudi Ar Rass photovoltaic project]Recently, Sineng Electric and Larsen & Toubro signed an inverter equipment supply agreement for the 700 MW Ar Rass photovoltaic project in Saudi Arabia. After it is fully put into operation, it will provide green power for about 132,000 households in the central region of Saudi Arabia, helping the Middle East to accelerate low-carbon energy transformation and 2030 vision realized. The Ar Rass project is located in the Al Qassim desert area of Saudi Arabia. The harsh application environment of high temperature, strong wind and sand puts forward extremely high requirements on the reliability of the product. The project will all adopt Sineng Electric's 1500V 3.125MW centralized solution. The 6.25MW all-in-one machine design has the characteristics of high integration and high power density, which saves costs, facilitates transportation, and is easy to install; the high IP65 protection level also makes it fearless of desert Scenario testing can ensure the power generation income of the power station. Edit/Ma Xue
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