[COSCO Shipping Wins the Bid for Saudi Aramco Offshore Oilfield Services Project]Recently, Chinese company COSCO Shipping and Special Transportation received a contract from Saudi Aramco to expand its Marion offshore facilities, further consolidating Beijing's economic role in the region. The company provides ship transportation services and is one of the largest companies in the world, providing two semi submersible vessels for transportation and installation services for the development of Marian facilities. This contract is related to the "support package one" of the $12 billion Marian crude oil incremental program, aimed at increasing the facility's oil production by 300000 barrels per day and increasing liquefied natural gas (LNG) production by 360000 barrels per day. This will result in an estimated oil production of 800000 barrels per day. The contract awarded to COSCO will support the construction of the new Marjan GOSP-4 platform, which can handle 470000 barrels of oil, 813000 barrels of liquefied natural gas and 750 million cubic feet of natural gas per day. Editor/Ma Xue
On April 28, 2026, the bidding announcement for geological survey and supervision of the Xiangyu Railway renovation project was released. The project has entered the preliminary survey and feasibility study stage, and is expected to start construction in 2027. This project is a national key railway project that spans across Shaanxi and Sichuan provinces, including line realignment, disease control, and station reconstruction. The renovation will improve the transportation efficiency and disaster prevention capability of the route, and adapt to the logistics development needs of the China Europe freight train and the Western Land Sea New Corridor.Editor/Gong Ziwei
On April 28, 2026, the Uzbekistan delegation held an economic and trade roundtable meeting with representatives from more than 30 enterprises in Jiangsu in Nanjing. Both sides exchanged views on the investment potential of multiple regions in Uzbekistan, with a focus on discussing cooperation directions in areas such as industrial park construction, industrial production and medical industry, and medical tourism. Currently, Uzbekistan is promoting industrial upgrading, supporting high-tech manufacturing and medical tourism industries, and urgently needs financial and technological support.Editor/Gong Ziwei