[Beijing Construction has signed up with the Gibraltar government]Sir Joe Bossano, Minister of Economic Development of the Government of Gibraltar, recently visited Beijing Construction Engineering Group, where he had discussions with Chang Yongchun, General Manager of Beijing Construction Engineering Group, discussing new prospects for in-depth cooperation between the two sides and discussing new opportunities for the development of the Belt and Road. The two sides signed a memorandum of cooperation on the spot to further upgrade their strategic cooperation. According to the memorandum, Beijing Construction Engineering will continue to be deeply involved in the construction of 9 projects, including the Gibraltar Cruise Passenger Transport Center, the renovation of the old housing Department, and the Jewish Apartment Phase II, with a total contract value of 100 million pounds. Editor/Xue Ma
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