[23 on-site contracts signed in the Guangdong Hong Kong Macao Greater Bay Area]On May 31, 2023, the centralized signing ceremony for the industrial docking project in the Guangdong Hong Kong Macao Greater Bay Area of Xiangtan City was held in Shenzhen. 23 projects were signed on-site, with a total investment of 11.01 billion yuan. Among them, there are 19 Xiangshang return projects with an investment of 9.37 billion yuan, accounting for 85% of the total investment. Hunan merchants have become the main force signing contracts for this industry docking conference. Among the 23 projects signed this time, there are 15 manufacturing projects and 2 investment projects from Class III Fortune 500 enterprises, covering areas such as infrastructure, smart healthcare, commercial logistics, and new energy. At this industry docking meeting, Xiangtan has been favored by Hunan merchants. Zeng Shengqiang, Chairman and President of Shenzhen Zhengtong Electronics Co., Ltd., said that he actively responded to the call for the "return of Hunan business" and arranged the Hunan Provincial Health and Medical Big Data Center project in Xiangtan. He will invite upstream and downstream industry chain enterprises to settle and develop here. 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