[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
China Power Construction Corporation has announced the candidates for the EPC bidding of two major photovoltaic composite projects with a total capacity of 900MW in Lingwu, Ningxia. The total bid amount is about 903.7 million yuan, and the cost per watt is about 1.004 yuan. The consortium of China Electric Power Construction Qinghai Institute, China Construction Third Engineering Bureau, and China Hydropower Tenth Engineering Bureau will take on two first places. The project is located in the Lingwu Gobi Desert, with a new technology demonstration test zone. It will start construction in July 2026 and be fully connected to the grid by the end of December, with a tight schedule. The contractor is responsible for the full cycle EPC and most of the land coordination work. The consortium of state-owned enterprises relies on design and construction advantages to control costs. After the power station is completed, it will be connected to the Ningxia high-voltage main network for external transmission of green electricity, helping local consumption indicators and the transmission of electricity from the west to the east.Editor/Gong Ziwei
At the invitation of the President of the People's Republic of China, Myanmar President Myint Aung Hlaing will pay a state visit to the People's Republic of China from June 15 to 19, 2026. The statement states that both sides agree to continue to leverage the role of the China Myanmar oil and gas pipeline, steadily promote power interconnection, and explore the construction of an economically and environmentally sustainable energy partnership. Both sides agree to implement a direct settlement mechanism between RMB and Burmese kyat to promote trade, and support strengthening trade and investment cooperation in areas of common interest such as agricultural product processing, oil, and energy.Editor/Gong Ziwei