[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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• 2026.05.14 11:25
• [Russian sailing training ship visits Dalian]
• In May 2026, the Russian sailing training ship Parada docked at Dalian Port for a four-day visit and exchange. 157 crew members will engage in maritime training, cultural interaction, and other activities with teachers and students from domestic maritime colleges, and open for public visits.Editor/Gao Xue

• 2026.05.14 11:23
• [Mingyang Group invests 14.8 billion US dollars in Ethiopia]
• In May 2026, Mingyang Group signed a $14.8 billion investment agreement with Ethiopia to develop an 8.4 gigawatt wind and solar power project, as well as industries such as green ammonia production and wind power equipment manufacturing.Editor/Gao Xue