[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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• 2026.04.23 10:57
• [Huichuan Technology Dalian Base starts construction]
• Recently, the groundbreaking ceremony for the Huichuan Technology Dalian R&D and Manufacturing Base project with a total investment of 2 billion yuan was held in Dongjiagou Street, Jinpu New District, Dalian. After full production, the annual output value of the project can reach 5 billion yuan, and it can produce 10000 sets of permanent magnet synchronous variable frequency motors annually. The products are widely used in industries such as power, mining, ports, coal, metallurgy, etc.Editor/Cheng Liting

• 2026.04.23 10:32
• [The Three Gorges Navigation Ship is towed out of port]
• On April 20, 2026, the Three Gorges Navigation, the world's largest floating offshore wind power platform with a single unit capacity, was towed from Tieshan Port in Beihai, Guangxi to Qingzhou offshore wind farm in Yangjiang, Guangdong. After installation and commissioning, it will be put into trial operation in early June this year. The "Three Gorges Navigation" has a single unit capacity of 16 megawatts and an annual power generation of approximately 44.65 million kilowatt hours, which can meet the annual electricity demand of 24000 households.Editor/Cheng Liting