[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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• 2025.12.25 09:12
• [China Electric Power Construction's energy storage contract amount reaches 50 billion yuan]
• On December 24th, China Power Construction Corporation disclosed its main operating data from January to November 2025, with 180 new energy storage projects signed and a contract amount of 500.03 billion yuan. Among them, there were 7 energy storage projects with a monthly contract value exceeding 500 million yuan in November alone.Editor/Yang Meiling

• 2025.12.25 09:10
• [Beijing announces 28 artificial intelligence+energy application scenarios]
• On December 23rd, the Beijing Municipal Development and Reform Commission announced the evaluation results of the "Artificial Intelligence+" high-value energy application scenarios for 2025, with a total of 28 scenarios selected. This includes Haibosi's innovative energy grid intelligent energy storage solution, and CNOOC Energy Storage's iron chromium liquid flow energy storage full stack intelligent agent. Editor/Yang Meiling