[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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• 2026.07.06 14:46
• [China Harbour wins 4.5 billion yuan for Malaysia's high-speed project]
• In the first half of 2026, China Harbour won the expansion project of Section 1C of the Kuala Lumpur Karnak Expressway in Malaysia, with a contract amount of approximately 4.5 billion yuan. The project has a total length of 60 kilometers and is a key project of the local Second Corridor, connecting the capital area with the East Coast Economic Zone. The project will adopt Chinese standards and be accompanied by intelligent transportation and green construction plans. This winning bid consolidates the advantages of Chinese enterprises in Southeast Asia Road and Bridge, helps improve the quality of logistics in ASEAN, and lays the foundation for cross-border infrastructure project cooperation and China ASEAN industrial integration.Editor/Gong Ziwei

• 2026.07.06 14:12
• [Muwangxi Pumped Storage Project Starts Construction in Hunan]
• On June 30, 2026, the underground powerhouse and lower reservoir project of Hunan Muwangxi Taoyuan Pumped Storage Power Station began construction. This first-class large-scale energy project helps optimize Hunan's energy structure. In the early stage of the project, all supporting tunnels such as diversion tunnels and ventilation tunnels were completed, laying a solid foundation for the main construction.Editor/Min Jing