[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 July 8, 2026, the green electricity trading volume in Xinjiang this year reached 16.17 billion kilowatt hours, which is twice the total trading volume of last year. Among them, the green power trading within the province reached 10.23 billion kilowatt hours, a year-on-year increase of 414%, ranking first among all provinces and regions in Northwest China in terms of trading scale; The inter provincial green power trading reached 5.94 billion kilowatt hours, a year-on-year increase of 41%, and the scale of intra provincial and inter provincial green power trading reached a new historical high for the same period. Editor/Cheng Liting
On July 10, 2026, the national electricity load hit a historic high for the first time this year, reaching a maximum of 1.518 billion kilowatts, an increase of 10 million kilowatts from the historical peak. Since the beginning of summer, the electricity load of the southern regional power grid and multiple provincial-level power grids such as Guangdong, Guangxi, Hainan, Ningxia, Gansu, Fujian, and Shaanxi has reached a historical high more than 20 times. Editor/Cheng Liting