[China Power Construction Iraq 750MW Solar Energy Project Approved] On May 30, 2023, the Iraqi Cabinet stated in a foreign statement that it had approved China Power Construction's photovoltaic project in the southern province of Musana, with a total installed capacity of 750MW and a total investment of 520 million US dollars. In August 2021, China Power Construction Corporation signed a cooperation agreement with the Ministry of Electricity of Iraq to develop 2GW photovoltaic power generation projects within Iraq, with the first phase investing in the development of 750MW. The Iraqi government has set a renewable energy development goal and plans to achieve a total installed capacity of 10GW of solar power generation by 2030, mainly relying on investment and development by private sector enterprises. Editor/Ma Xue

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• 2026.08.05 16:36
• [Saudi Aramco completes bidding for multiple offshore oil and gas EPCI projects]
• Saudi Aramco is advancing the construction of offshore oil and gas production capacity. The bidding documents for five offshore EPCI projects will be submitted on August 1, 2026, involving six major offshore oil and gas fields. The bidding has been delayed multiple times. The project covers the construction of pipeline racks, production deck modules, and the improvement of offshore production facilities. Saudi Aramco's recent offshore capital investment has continued to rise, having previously awarded multiple large contracts. CNOOC Engineering has won the relevant CRPO contract in April 2026, and the Saudi market continues to release opportunities for global engineering companies.Editor/Gong Ziwei

• 2026.08.05 16:32
• [Sinoma International signs $476 million cement equipment contract with Nigeria]
• Recently, Sinoma International signed a $476 million equipment supply contract with Dangote Industries in Nigeria to provide core equipment, materials, and a 12-month warranty for two new clinker production lines at Itoli Cement Plant. The production line can produce 6000 tons of clinker per day, and it is planned to produce clinker within 24 months after equipment debugging. The project aligns with Dangote's development vision and will help expand local cement production capacity and increase exports, continuing the cooperation between the two parties and demonstrating the strength of Chinese enterprises' deep participation in African infrastructure.Editor/Gong Ziwei