[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 May 2026, the Russian sailing training ship Parada docked at Dalian Port for a four-day visit and exchange. 157 crew members will engage in maritime training, cultural interaction, and other activities with teachers and students from domestic maritime colleges, and open for public visits.Editor/Gao Xue
In May 2026, Mingyang Group signed a $14.8 billion investment agreement with Ethiopia to develop an 8.4 gigawatt wind and solar power project, as well as industries such as green ammonia production and wind power equipment manufacturing.Editor/Gao Xue