[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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• 2026.09.02 10:32
• [Egypt's Petrojet signs contract for Jordan pipeline]
• Recently, Egyptian Petrojet and a local Jordanian company won the bid for the 22 kilometer natural gas pipeline project in Jordan, with a contract amount of 22.7 million US dollars and a construction period of 18 months, which will be connected to the Arab natural gas backbone network. The project belongs to the $70 million industrial zone gas supply plan financed by Abu Dhabi Fund, which is expected to reduce energy costs for enterprises by more than 30%.Editor/Gao Xue

• 2026.09.02 10:29
• [Tianjin Port's performance steadily increased in the first half of the year]
• On September 2, 2026, Tianjin Port disclosed its semi annual report, which showed that it achieved a revenue of 5.364 billion yuan and a net profit of 677 million yuan in the first half of the year, a year-on-year increase of 34.54%; The cargo throughput is 234 million tons, and the container throughput is 11.2136 million TEUs, both of which have reached new highs since the same period in 2020. The level of the northern international shipping hub continues to improve.Editor/Gao Xue