[Work on Phase 1 of South Santo Road in Vanuatu begins] On May 26, 2023, the groundbreaking ceremony for the first phase of the Santo South Road in Vanuatu, undertaken by China Civil Engineering, was held. The first phase of the Santo South Road Project in Vanuatu is an infrastructure project prioritized by the Vanuatu government and a key livelihood project to improve the traffic situation on Santo Island. The project will connect key areas including towns, tourist attractions, and densely populated areas, greatly improving the traffic conditions between various areas, greatly improving the efficiency of local crop transportation, stimulating the economic vitality of various places along the project, and promoting the economic growth and development of the area. Social development, creating more opportunities for tourism and business activities. Edit/Ma Xue

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• 2026.09.15 16:05
• [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

• 2026.09.15 16:04
• [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