[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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• 2026.05.29 14:23
• [The trading volume of China's electricity market increased by 25.6% year-on-year]
• From January to April 2026, China completed a total of 2430.7 billion kilowatt hours of electricity market transactions, a year-on-year increase of 25.6%. From the perspective of transaction scope, the traded electricity within the province reached 1945.6 billion kilowatt hours, a year-on-year increase of 29.4%; The amount of electricity traded across provinces and regions reached 485.1 billion kilowatt hours, a year-on-year increase of 12.2%. From the perspective of trading varieties, the medium and long-term trading capacity is 2118 billion kilowatt hours; The spot trading electricity is 312.8 billion kilowatt hours. The trading volume of green electricity reached 105.3 billion kilowatt hours, a year-on-year increase of 3.2%.Editor/Gong Ziwei

• 2026.05.29 14:18
• [China's first airport photovoltaic power generation exceeds 100 million kilowatt hours]
• According to the smart monitoring platform of Ezhou Power Supply Company of State Grid Hubei Electric Power Co., Ltd., as of 12:00 on May 27, 2026, the cumulative photovoltaic power generation of Ezhou Huahu International Airport has exceeded 100 million kilowatt hours. Ezhou Huahu International Airport is the first professional freight hub airport in China. Since its operation in 2022, its freight business has grown rapidly. Currently, 119 freight routes have been opened, and the hub's cargo volume has risen from less than 10000 tons in the initial operation to 1.4781 million tons by 2025. With the expansion of business, the peak electricity consumption of the airport has also exceeded 20000 kilowatts.Editor/Gong Ziwei