[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
Recently, the survey and design of Guoneng Hebei Hengfeng 2 × 660MW cogeneration expansion project was announced as the winning bidder. Zhongneng Jianhua North Institute won with 13.86 million yuan, with a total investment of 5.387 billion yuan.Editor/Gao Xue
Industry news: Zambia has signed a PPA with South Korea to land a 500MW centralized photovoltaic project, which is the country's largest renewable project. After grid connection, State Grid will fully purchase the electricity and enhance energy security.Editor/Gao Xue