[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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• 2026.09.28 10:37
• [Guangzhou Unveils Low-Altitude Economy List to Connect Supply and Demand of Scenarios]
• The Guangzhou Municipal Transportation Bureau has released a list of demand and supply capacity for local low altitude economic application scenarios, with a total of 77 items, including 30 demand items and 47 supply items, covering multiple fields such as public governance, low altitude transportation, and low altitude consumption, to assist in the implementation and construction of low altitude economic scenarios. Editor/Min Jing

• 2026.09.28 10:34
• [SOEs Strengthen Docking to Promote High-end Energy Equipment Going Global]
• Recently, Sinomach Engineering Group and CAMCE teams visited China Aero Engine Gas Turbine, Aero Engine Power, and Shaangu Group for inspection and exchange. All parties have held in-depth talks on strategic coordination and industrial chain cooperation, reached a consensus, and will form a strong alliance to promote the development of domestic high-end energy equipment in the international market. Editor/Min Jing