[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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• 2026.10.26 11:04
• [The three major indicators of China's shipbuilding industry have seen comprehensive growth]
• In the first nine months of 2026, China's shipbuilding industry saw comprehensive growth in its three major indicators, while maintaining a leading global market share. Data shows that in the first nine months, China's shipbuilding completion reached 58.05 million deadweight tons, a year-on-year increase of 50.7%, accounting for 63.6% of the world's total; The newly received order volume was 175.29 million deadweight tons, a year-on-year increase of 163.2%, accounting for 81.8% of the world total. As of the end of September, the volume of orders held was 399.13 million deadweight tons, a year-on-year increase of 64.8%, accounting for 72.4% of the world's total.Editor/Cheng Liting

• 2026.10.26 11:03
• [Shenhai Hydrogen Energy No.1 has been successfully launched]
• The world's first semi submersible wind power hydrogen production platform, Shenhai Hydrogen Energy No.1, was successfully launched in Jiangmen, Guangdong recently. The platform explores the integrated application of offshore wind power for hydrogen production and methanol production, providing a new path for the development and utilization of clean energy in the ocean.Editor/Cheng Liting