[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
In September 2026, Harbin Electric Power Group completed the hoisting and installation of the No.1 gas turbine at the Shatruma No.2 Combined Cycle Power Station, marking the full start of the project installation. The power station replaces fuel power generation with natural gas power generation, and is expected to reduce carbon dioxide emissions by over 5 million tons per year after completion. It is a landmark project of Saudi Arabia's 2030 vision for energy transformation.Editor/Gao Xue
On September 15, 2026, Qinghai Province signed 50 project cooperation agreements with 18 central enterprises, with a total investment of 306.984 billion yuan, focusing on the layout of clean energy, power communication and other fields. After all are put into operation, it is expected to create 115800 new jobs.Editor/Gao Xue