[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
On May 10, 2026, China's first intelligent production line for deepwater oil and gas equipment process pipelines was completed at the Zhuhai Deepwater Equipment Manufacturing Base of CNOOC Engineering and entered the commissioning stage. The innovative application of China's first fusion technology in this production line is of great significance for promoting the intelligent manufacturing of deepwater marine oil and gas equipment in China.Editor/Gong Ziwei
On May 9, 2026, a press conference was held to launch the 15th Five Year Plan for Xinjiang. It was revealed that during the 15th Five Year Plan period, Xinjiang will rely on its advantages in green electricity to promote industrial transformation and upgrading: undertake the transfer of industries from outside Xinjiang, expand the advantages of equipment such as power transmission and transformation, and new energy, cultivate the manufacturing industry chain of new energy storage and other characteristic equipment, and focus on fields such as artificial intelligence to build a future industrial layout with complementary characteristics.Editor/Gong Ziwei