News

Industrial Highlights | ExxonMobil Advances Rovuma LNG with US$1.1 Billion in Pre-FID Contracts

Sep,03 2026
ExxonMobil and its Area 4 co-venturers have awarded approximately US$1.1 billion in pre-investment contracts for long-lead equipment and early project activities supporting the Rovuma LNG Phase 1 development in Cabo Delgado, Mozambique.
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Industrial Highlights | Técnicas Reunidas Secures US$1.65 Billion LOI for Major Middle East Gas Processing Project

Sep,01 2026
Spanish engineering and construction company Técnicas Reunidas has accepted a Letter of Intent (LOI) for an approximately US$1.65 billion lump-sum turnkey EPC contract covering the development of major onshore gas processing facilities for a gas field project in the Middle East.
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Industrial Highlights | L&T Expands Role in Saudi-Kuwait Dorra Gas Development With Major Offshore Award

Aug,27 2026
Larsen & Toubro (L&T) is strengthening its position in the Middle East offshore market after its Energy Hydrocarbon Offshore business secured a major contract linked to the development of the Dorra gas field, one of the region's most closely watched offshore gas projects.
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Industrial Highlights | Fluor Secures GPIC FEED for Bahrain Aromatics Project

Aug,24 2026
IRVING, Texas – Fluor Corporation has been awarded the FEED contract for GPIC's proposed aromatics plant in Bahrain, moving the long-discussed project one step closer to reality.
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Industrial Highlights | Clad Plate Demand to Rise as KBR Supplies Technology for Pampa Energía's $2.7B Argentina Ammonia-Urea Complex

Aug,21 2026
The 3,430-ton-per-day ammonia facility in Bahía Blanca, set for startup in 2029, will require extensive pressure vessels, heat exchangers, and reformers—all specifying clad materials for high-temperature and corrosive service.
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Industrial Highlights | SUSTAERO Selects Topsoe and Sasol for Canadian SAF Project—Equipment Demand to Include Clad Plates for Gasification and Hydroprocessing Units

Aug,19 2026
The 3,200-barrel-per-day wood-waste-to-SAF facility, set for FID in 2028 and startup in 2031, will require extensive pressure vessels, heat exchangers, and reactors—all specifying clad materials for corrosive service.
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Industrial Highlights | RI Delivers World's Largest E-Methanol Reactor—Clad Plate Demand in Green Fuel Production Gains Momentum

Aug,18 2026
170,000-tonnes-per-year reactor installed at China's Liaoyuan project signals a new and growing market for corrosion-resistant clad materials in renewable energy infrastructure.
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Industrial Highlights | Petronas Moves $920M Hidayah Project Toward First Oil—Demand for Clad Plates in Offshore Process Equipment Grows

Aug,17 2026
The Indonesian offshore development is scheduled for 2027 startup, requiring extensive pressure vessels, heat exchangers, and clad materials for sour gas and seawater service.
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Industrial Highlights | Halliburton Lands Major Iraq Contract to Develop Two Key Southern Oil Fields

Aug,14 2026
The US service provider will lead integrated field management and EPCM for the Bin Umar and Sindbad fields under a five-year development program.
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Industrial Highlights | Kuwait and Saudi Arabia Push Ahead with Dorra Gas Field Tender Despite Iran Dispute

Aug,11 2026
The multibillion-dollar offshore gas development is moving forward, with multiple EPC packages up for grabs and significant demand expected for corrosion-resistant materials.
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Industrial Highlights | PDO Picks Four Contractors for $6B Oman Oil & Gas

Aug,10 2026
The state-owned operator is moving forward with Wave 1 and Wave 2 project bundles that could keep EPC firms busy for years.
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Industrial Highlights | Petrobras Closing In on $600M Subsea Tree Tender

Aug,10 2026
Petrobras is getting closer to wrapping up a $600 million tender for subsea equipment. At stake: 32 subsea trees and a package of related hardware that will go into the company's Sergipe Deepwater project, one of Brazil's biggest upcoming production hubs.
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Industrial Highlights | ADNOC Gives Green Light to $6.2B Umm Shaif Gas Project—and That’s Good News for Clad Plate Suppliers

Aug,05 2026
The UAE’s latest offshore megaproject brings sour gas development back into the spotlight, along with the specialized materials needed to keep it all from falling apart.
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Industrial Highlights | TechnipFMC Secures Subsea Contract Offshore Norway Under Framework Agreement

Jul,17 2026
TechnipFMC has been awarded a new subsea contract for a field development offshore Norway, further strengthening its long-term position in the North Sea subsea market.
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Industrial Highlights | Samsung E&A Expands LNG and Energy Portfolio as Abadi Gas Development Progresses in Indonesia

Jul,13 2026
Samsung E&A is strengthening its position in the global LNG and energy infrastructure market through a series of new engineering and early-stage project awards, with increasing exposure to large-scale gas developments in Asia-Pacific.
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Industrial Highlights | ADNOC Seeks Bids for New LNG Facility Bypassing Strait of Hormuz

Jul,06 2026
ADNOC is seeking bids for a new liquefied natural gas (LNG) facility as part of its strategy to expand gas export capacity and reduce exposure to the Strait of Hormuz shipping route, according to industry sources.
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Industrial Highlights | Petrobras and Pemex Agree to Assess Joint Offshore Oil and Gas Opportunities

Jul,06 2026
Brazil’s state-owned energy company Petrobras and Mexico’s Pemex have signed a memorandum of understanding (MoU) to evaluate potential cooperation in oil and gas projects across exploration, production, and industrial operations.
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Industrial Highlights | Brazil Approves Subsea7–Saipem Merger, Reshaping Offshore EPC Landscape

Jul,03 2026
Brazil’s competition authority has approved the merger between Subsea7 and Saipem without conditions, marking a key regulatory step toward the consolidation of two major offshore EPC contractors.
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Industrial Highlights | L&T Secures EPC Contract for Coal-to-Chemicals Project in India, Driving Demand for Process Equipment and Clad Materials

Jun,25 2026
India’s coal gasification and downstream chemicals sector continues to gain momentum as large industrial groups accelerate investments aimed at reducing import dependence and strengthening domestic chemical manufacturing capacity.
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Industrial Highlights | South Africa Advances Wastewater-to-Green-Methanol Project as Global Demand for Low-Carbon Fuels Continues to Grow

Jun,18 2026
Investment activity in green methanol and low-carbon fuel infrastructure continues to accelerate globally, with South Africa becoming one of the latest regions to advance an innovative waste-to-fuel project.
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