Recent Overseas Pipeline Construction Projects

1.ADNOC announced a $1.3 billion investment to expand its fleet with nine new large tankers (three VLGCs and six VLCCs), scheduled for delivery in the third quarter of 2026, with the aim of supporting the significant growth in the UAE’s crude oil exports.

2.PowerChina Signs Contract for Basra Seawater Desalination Project in Iraq

– Contracting Parties: China Hydroelectric Engineering Bureau No. 5 (a subsidiary of China Power Construction Corporation) vs. Iraq’s Rida Company

– Contract Value: Approximately 8.925 billion yuan

– Project Scope: Seawater desalination + **240-kilometer water transmission pipeline** and supporting facilities such as pumping stations

– Construction Schedule: 6-month start-up period + 1,350 days (approximately 3.7 years) for main construction