[Saipem wins $1.25 billion onshore and offshore contracts in Middle East]Saipem has secured US$1.25 billion worth of onshore and offshore contracts in the Middle East. The first group deals with the extension of onshore drilling contracts in the Middle East with a total value of approximately US$600 million. The award relates to a ten-year extension of existing contracts for four onshore drilling rigs located in the Middle East. Editor/Xing Wentao
As of May 17, 2026, the cumulative transmission capacity of the Qinghai Henan ± 800 kV high-voltage project has exceeded 100 billion kilowatt hours. This project is the world's first clean energy transmission ultra-high voltage channel, overcoming multiple world-class challenges and delivering clean energy from Qinghai to Central China, supporting the "dual carbon" goal. Currently, Qinghai is advancing the planning and construction of subsequent ultra-high voltage projects.Editor/Gong Ziwei
On May 18, 2026, the daily engineering team led by Academician Duan Baoyan of Xidian University made significant breakthroughs in the field of space solar power plants and microwave wireless energy transmission, and developed a ground verification system for multi target microwave wireless energy transmission, achieving kilowatt level power output at a distance of 100 meters. The team has also overcome multiple key technologies, achieving international leading levels and promoting the engineering application of related technologies, with broad prospects.Editor/Gong Ziwei