[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
On June 30, 2026, the press conference of the State Council Information Office revealed that the Pinglu Canal has been basically completed and the entire line is open to water. The commissioning of ship locks is being promoted, and landmark water transport projects such as the Three Gorges Water Transport New Channel are accelerating.Editor/Gao Xue
On June 30, 2026, NALCO in India disclosed a 21.5 billion yuan expansion of a 500000 ton electrolytic aluminum project and plans to invite Chinese enterprises such as Guiyang Institute and China Aluminum to participate in technical cooperation.Editor/Gao Xue