[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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• 2026.05.20 18:19
• [China Petroleum makes its debut at the 2026 Oman Oil and Energy Exhibition]
• On May 18, 2026, the Oman Oil and Energy Exhibition will grandly open at the Muscat Convention and Exhibition Center. China Petroleum Oman Company coordinated and joined forces with international business companies, Oriental Geophysical Exploration, Great Wall Drilling, Gemstone Machinery, Pipeline Bureau, Engineering Construction Company, Global Engineering Corporation and other units to showcase the advantages of the integrated full industry chain of exploration and development, engineering technology, engineering construction, new energy, international trade, and equipment manufacturing at the exhibition.Editor/Gong Ziwei

• 2026.05.20 18:17
• [China's first geothermal carbon dioxide heat extraction project officially landed]
• On May 19, 2026, China's first geothermal energy supercritical carbon dioxide heat extraction project, developed and constructed by China Huaneng, was officially put into operation in Zhengzhou, Henan, marking a new breakthrough in the efficient development and utilization of geothermal energy in China. After the project is put into operation, it can meet the centralized heating demand of over 18000 square meters of residential buildings in winter, replace about 288 tons of standard coal annually, and reduce carbon dioxide emissions by about 750 tons.Editor/Gong Ziwei