[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

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• 2026.07.17 10:59
• [Construction Begins on SF Smart Logistics Park in Urumqi]
• On July 16, 2026, SF Supply Chain Smart Logistics Park started construction in Urumqi High tech Zone. The park is equipped with digital twin, intelligent sorting and other systems, with an annual transit volume of 250 million pieces, absorbing more than a thousand jobs, improving cross-border multimodal transport networks for Central Asia and Europe, and empowering local foreign trade and export of characteristic agricultural products. Editor/Min Jing

• 2026.07.17 10:58
• [China-Kazakhstan Aktau Port Container Hub Phase I Put into Operation]
• On July 14, 2026, the first phase of the Aktau Port container hub jointly built by Lianyungang Port and Harbin enterprises was officially put into operation, improving the multimodal transport system of the Trans Caspian International Transport Corridor. The project is equipped with railway loading and unloading lines and container yards to reduce the cost of Asia Europe freight transportation. In the future, the customs clearance and transit services will be upgraded to smooth the cross-border industrial chain. Editor/Min Jing