[CPECC won the bid for Project Swing EPCM project]CPECC Gulf Region Company has received a letter of award for the Project Swing project from Abu Dhabi State Oil Company's onshore company. This is the first EPCM project won by the Beijing branch in collaboration with Gulf Region Company in the Gulf market. The contract model includes design, procurement services, and construction management, with a contract duration of 39 months (PAC), of which 15 months are required to achieve 95% design progress. The Project Swing project is one of the first EPCM projects initiated by ADNOC Online and is an important project in the Abu Dhabi National Oil Company's P5 (5 million barrels per day) production increase plan. By renovating some facilities in Babu, Northeast Babu, and Southeast Oil Fields, the goal of increasing processing capacity by 20% has been achieved, while also increasing supporting facilities for water and gas injection. Editor/Ma Xue
In the first quarter of 2026, the import and export freight volume at Youyiguan Port was 1.857 million tons, a year-on-year increase of 32.9%. The Beibu Gulf Port has completed a cargo throughput of 81.51 million tons. Thai durian can be cleared through ports in as fast as 3 hours, with over 200 new refrigerated containers added. The port realizes automated operations and promotes the coordinated development of the industrial chain.Editor/Gao Xue
On April 27, 2026, Uzbekistan Oil and Gas and Chinese companies reached a consensus in Zhuhai to implement a series of measures to increase the revenue of the joint venture Asia Trans Gas and strengthen financial sustainability. The company is responsible for the construction and operation of the Uzbekistan section of the Central Asia China natural gas pipeline.Editor/Gao Xue