[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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• 2026.05.25 18:25
• [China's cumulative installed power generation capacity is 3.99 billion kilowatts]
• On May 25, 2026, the National Energy Administration released national electricity statistics for the months of January to April. As of the end of April, the cumulative installed power generation capacity in China was 3.99 billion kilowatts, a year-on-year increase of 14.2%. Among them, the installed capacity of solar power generation was 1.25 billion kilowatts, a year-on-year increase of 26.2%; The installed capacity of wind power was 660 million kilowatts, a year-on-year increase of 22.0%.Editor/Gong Ziwei

• 2026.05.25 18:19
• [CEEC overseas photovoltaic project put into operation in Algeria]
• Recently, the 220 MW photovoltaic power station in Biscara, Algeria, constructed by China Power Construction, has been officially completed and put into operation. After the power station is put into operation, it is expected to generate 374 million kilowatt hours of electricity annually, saving 112200 tons of fossil energy and reducing 373000 tons of carbon dioxide emissions annually. The successful operation of the project marks the official integration of Algeria's first batch of photovoltaic green power into the national power grid, providing replicable and promotable benchmark experience for subsequent new energy project construction.Editor/Gong Ziwei