[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 11:55
• [China's electric vehicle production capacity accounts for nearly 75% of the global total]
• On July 21, 2026, the Australian Broadcasting Corporation reported that China's electric vehicle industry, with its long-term strategic layout, continuous technological innovation, and complete industrial chain advantages, has been at the forefront of the world's electric vehicle revolution. China is currently the undisputed leader in the global electric vehicle industry, producing nearly 75% of the world's electric vehicles. China's advantages are not only reflected in the production field, but also in the leading position in various links of the electric vehicle industry chain.Editor/Gong Ziwei

• 2026.07.23 11:52
• [The world's first photovoltaic ship dual fuel roll on/roll off ship delivered]
• On July 21, 2026, CSSC Guangchuan International, in collaboration with CSSC Trading, successfully delivered 10800 LNG dual fuel vehicle transport ships to South Korean Ocean Commercial Company through online remote signing. This is the fourth 10000 vehicle class automobile transport ship delivered by China, and also the world's first 10000 vehicle class automobile transport ship equipped with a photovoltaic power generation system.Editor/Gong Ziwei