[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

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• 2026.06.12 17:04
• [Saban wins Saudi Arabia 's EPC contract for more than $ 1 billion gas plant]
• Recently, the Italian oilfield service giant Seban Group has won a large list of overseas energy engineering projects, and the Saudi billion-level gas plant project has landed, consolidating its position in the Middle East market and broadening the layout of global oil and gas infrastructure. It is reported that the Saipan Group has won the bid for the Saudi Usmaniyah natural gas compression plant project through a Saudi joint venture. The contract value is USD 1.04 billion, and the project cycle is 42 months. It is responsible for the overall project, procurement and construction work, which can extend the production life of the local gas field and ensure the supply of Saudi energy. In addition, in April this year, the company won a USD 400 million offshore water injection facility contract for the Safaniya Oilfield in Saudi Arabia.At the same time, it won a USD 150 million pre-project order for the offshore project in Guyana, and made more efforts to expand the overseas oil and gas engineering market.Editor / Li Xiaohua

• 2026.06.12 16:05
• [New shipping route from Yangpu to India opened]
• On June 9, 2026, the Xintaicang ship departed from Yangpu International Container Terminal, and the new container shipping route from Yangpu to India was officially opened. The route passes through the South Vietnam Sea Defense Port, Singapore Port, and India's Mundra Port, making it the second sea freight channel connecting Yangpu and South Asia. Hainan rapeseed oil, chemical products, etc. can be directly transported to India, and domestic goods can also be transshipped through Yangpu to South Asia, forming a two-way logistics pattern between the north and south. Yangpu Maritime Bureau provides full escort throughout the process, simplifies inspection procedures, and effectively reduces logistics costs. Editor/Cheng Liting