[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
Recently, Shanxi Lu'an Chemical Machinery (Group) Co., Ltd. exclusively manufactured the first Jinhua furnace in China with a daily coal consumption of 3000 tons per furnace, which has been successfully put into operation in the Xinlianxin Chemical New Materials Project in Henan. The project is equipped with 2 sets of coal water slurry water-cooled wall gasification furnaces, Jinhua furnace, operating in one on one standby mode, with a gasification pressure of 6.5 megapascals and a total gas volume of 170000 standard cubic meters per hour, relying on bituminous coal to achieve efficient gasification conversion.Editor/Cheng Liting
On September 12, 2026, the world's largest salt cavern compressed air energy storage project, the Huaneng Jintan 2 × 350 MW salt cavern compressed air energy storage power generation phase II project, completed the complete start-up of two main units, with stable and reliable equipment operation, marking an important breakthrough in China's key core technologies and system integration capabilities in the field of large capacity salt cavern compressed air energy storage. Editor/Cheng Liting