[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 April 29, 2026, the Chongqing Guizhou Back to Back Interconnection Project (Guizhou side) started construction in Xishui, Zunyi. Southern Power Grid invested 580 million yuan and plans to put it into operation in June 2027. The project involves the construction of 87.9 kilometers of transmission lines and 179 iron towers, connecting the national and southern power grids. The project is located in the mountainous area of northern Guizhou, and needs to overcome karst geology and 352 crossing difficulties. After being put into operation, it will meet the annual growth demand of 6.4% and 7.8% of the load in Chongqing and Guizhou. Editor/Cheng Liting
On April 27, 2026, the cumulative sales volume of natural gas in the Sichuan Chongqing exploration area of Daqing Oilfield has exceeded 5 billion cubic meters, reaching 5.03 billion cubic meters, and the daily gas production has remained stable at 5.7 million cubic meters, injecting strong momentum into the construction of the Chengdu Chongqing economic circle and national energy supply guarantee. Editor/Cheng Liting