[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 June 9, 2026, Harbin Railway launched a new channel for intermodal transportation of iron and steel. The first train of 4000 tons of coal was sent from Hailar South Station to Panjin Port for transfer along the coast, which was shortened by 3 to 4 days compared to the original transportation.Editor/Gao Xue
Recently, Far East Energy signed a contract for a 128MW offshore wind power project in Vietnam, supplying 16 8.XMW units. This project is the first batch of Vietnam Power Planning VIII, which helps green energy cooperation along the the Belt and Road.Editor/Gao Xue