[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
Sarat Ratanavadi, founder and CEO of Thai Gulf Energy, has confirmed the restart of the LNG terminal project supporting the Vietnam Nanning Shun 6 GW gas power station. The company plans to invest a total of 140 billion Thai baht by 2030, of which 14 billion Thai baht will be invested in cloud computing and AI infrastructure. Editor/Min Jing
CECEP Chairman Liao Jiasheng went to Xining to attend the conference on promoting high-quality development in Qinghai Province with the support of state-owned enterprises. He signed a 1.482 billion yuan agreement with the Qinghai Provincial Government for the Delinghayuan Net Energy Storage Project, witnessed the signing of contracts by subordinate enterprises, and conducted research on cooperation related to the Haidong Zero Carbon Park. Editor/Min Jing