[Pinggao Group won the bid for a 5 * 10 MW photovoltaic project in South Africa] Recently, the China South New Energy Investment and Cooperation Conference was successfully held at Johannesburg Thornton International Convention Center, and Pinggao Group was invited to participate as an important guest. Prior to the meeting, Pinggao International Engineering won the bid for the South African 5 * 10 MW photovoltaic power plant project jointly developed by five investment and development companies, including the local Neogos Energy Company in South Africa, with a winning amount of approximately 200 million yuan. The scope of work for this project includes the survey, design, procurement, construction, commissioning, etc. of the photovoltaic plant area, 5km transmission line, 11kV connection, and 132kV interval expansion. The completion of the project will provide assistance for South Africa to alleviate the power crisis, inject new impetus into practical cooperation between China and South Africa, and is of great significance for promoting local economic and social development. Editor/Ma Xue

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• 2026.09.15 16:05
• [CNOOC Qatar Offshore Oil and Gas General Contracting Project starts construction]
• 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

• 2026.09.15 16:04
• [Dangote Refinery launches largest public IPO in Africa]
• 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