[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
On August 25, 2026, the world’s largest-diameter underwater shield tunnel, the Jinan Huanggang Road Yellow River Tunnel constructed by CR14G, was officially opened to traffic. Adopting a single-tube double-deck structure and overcoming multiple world-class technical challenges, the tunnel cuts the cross-river travel time from 40 minutes to merely five minutes.Editor/Min Jing
Recently, Jingtang Port in Tangshan launched its first open-top container freight train transporting Indonesian coking coal from Jingtang Port to Xiaonan, adding a new cargo type to its freight business. Targeting the coal demand of enterprises in Shanxi, the port has standardized operation procedures and strictly implemented environmental protection requirements, successfully opening up a new railway transportation channel for imported coking coal.Editor/Min Jing