[Suzhou Sinoma Signed Technical Contract for Philippine Power Plant]Suzhou Zhongcai Construction Co., Ltd. and Philippines Gufeng Cement Co., Ltd. have signed a technical support contract for the production of a 10MW power plant, providing technical training, operation optimization, management improvement, and other services. The 10 MW power plant of Philippine Gufeng Cement Co., Ltd. was constructed by Suzhou Sinoma General Contracting Company and is located in Shibei, Liya, Philippines. It was put into operation in 2009. This contract signing is a solid step taken by Suzhou Sinoma in exploring the Southeast Asian market and promoting the development of diversified overseas businesses, and is also an important manifestation of continuously deepening cooperation with old customers. Editor/Ma Xue
On September 15, 2026, the Qatar BH EPIC project of China National Offshore Oil Corporation (CNOOC) started construction in Qingdao. This is the highest international offshore oil and gas engineering general contracting project in China to date, with a total amount of approximately 4 billion US dollars. The project includes more than 60 offshore oil and gas facilities, 40 submarine pipelines and cables, and a total steel processing capacity of over 130000 tons. During the 14th Five Year Plan period, CNOOC Engineering has undertaken over 170 overseas projects, and its global competitiveness in high-end offshore engineering contracting continues to improve. Editor/Cheng Liting
On September 14, 2026, Nigeria's Dangote Refinery officially launched a public IPO, issuing 4.1 billion shares at 525 naira per share, fully subscribing to raise 2.15 trillion naira. The funds will be used to double the refining capacity to 1.4 million barrels per day. Previously, a $2.5 billion institutional private placement was completed in July, and the public subscription period for this time is until October 13th, with a minimum subscription threshold of 10 shares. For overseas Chinese enterprises in petrochemical equipment and engineering, they can follow up on the subsequent expansion and procurement process by combining the already established process cooperation directions. Editor/Cheng Liting