[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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• 2026.07.23 09:35
• [Strengthening cooperation in artificial intelligence between China and Africa]
• On July 21, 2026, Li Singh, an official of the United Nations Economic Commission for Africa, said that strengthening China Africa artificial intelligence cooperation would help Africa's digital transformation. China's open source model would reduce Africa's R&D costs and help the Belt and Road science and technology connectivity.Editor/Gao Xue

• 2026.07.23 09:30
• [China Petroleum's ethylene production hit a new high in the first half of the year]
• China Petroleum's ethylene production in the first half of the year increased by 21% year-on-year, reaching a historic high. Dushanzi Petrochemical Tarim 1.2 million ton ethylene project was put into operation on July 16, with a total capacity of more than 10 million tons, which effectively guaranteed the supply of the chemical market and helped stabilize the the Belt and Road energy industry chain.Editor/Gao Xue