Industrial Highlights | Fluor Awarded Key Contract for Highland Valley Copper Mine Life Extension in Canada
Dec,26 2025
British Columbia, Canada – December 15, 2025 – Fluor Corporation has been selected by Teck Resources Limited to deliver engineering, procurement, and integrated construction management services for the Highland Valley Copper Mine Life Extension (HVC MLE) project near Logan Lake, British Columbia. The project represents a major brownfield expansion, aiming to extend the mine’s operational life from 2028 to 2046.
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Industrial Highlights | TechnipFMC Secures Subsea Contract for Major US Gas Development in Australia
Dec,25 2025
TechnipFMC has been awarded a significant subsea engineering and construction contract for a large-scale natural gas development project operated by a US supermajor in Australia. The contract forms part of the ongoing expansion of the Gorgon Stage 3 gas field, one of the country’s most important LNG resources.
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Industrial Highlights | McDermott Wins EPCIC Contract for Brunei Offshore Gas Development
Dec,18 2025
McDermott International has just secured a significant engineering, procurement, construction, installation, and commissioning (EPCIC) contract for a new offshore gas development project in Brunei, awarded by Petronas Carigali Brunei.
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Industrial Highlights | 2025 Global Steel Trends: Insights for Equipment Manufacturers
Dec,17 2025
Global steel markets in 2025 remained resilient, driven by strong demand from Oil & Gas, petrochemical, and chemical industries. Equipment manufacturers producing heat exchangers, pressure vessels, columns, and skid-mounted systems faced raw material pressures while balancing project timelines.
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Industrial Highlights | 2025 LME Copper & Nickel Price Trend Analysis and Industrial Impact
Dec,16 2025
Copper prices on the London Metal Exchange (LME) experienced a strong rally throughout 2025, climbing from USD 8,685.50 per tonne at the start of the year to USD 11,816.00 per tonne by mid-December, a year-to-date increase of roughly 36%. Nickel, meanwhile, remained relatively stable, starting the year at USD 15,010.00 per tonne and falling slightly to USD 14,420.00 per tonne, down about 4%, as rising inventories offset steady demand.
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Industrial Highlights | Egypt Partners with Benchmark and Envision to Launch 400,000 t/yr Green Ammonia Facility
Dec,01 2025
The Egyptian government has formalised a partnership involving Al-Nasr Fertilizers Company (ANFCO), Benchmark Power International (Benchmark) and Envision Energy to develop a large-scale green ammonia production plant in the Ataqa industrial zone, Suez Governorate. The facility is designed to produce roughly 400,000 tons per annum (tp y) of green ammonia in its first phase, with most output intended for export.
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Industrial Highlights | Six Contractors Shortlisted for $10B+ Middle East Offshore Gas and Condensate Megaproject
Nov,28 2025
A major new offshore hydrocarbons development in the shared Neutral Zone between Saudi Aramco and Kuwait Petroleum Corporation (KPC) is now gathering pace, with at least six global contracting groups reported as being “in the frame” for significant packages.
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Industrial Highlights | ADNOC Enters Argentina LNG Export Project, Opening New Chapter for Vaca Muerta Gas
Nov,21 2025
The Abu Dhabi national oil company ADNOC has formally joined the Argentina LNG export initiative, marking a major step forward for the country’s ambition to transform its large-scale shale-gas reserves into global export capacity.
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Industrial Highlights | Lotte Chemical Launches Major Petrochemical Complex in Indonesia
Nov,20 2025
South Korea’s Lotte Chemical Corp. has officially begun commercial operations at its new mega-petrochemical complex in Cilegon, Indonesia, marking a major milestone for the company’s Southeast Asia expansion and for Indonesia’s downstream chemical industry.
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Industrial Highlights | Aramco Signs $11 Billion Partnership to Advance Jafurah Gas Development
Nov,19 2025
Saudi Aramco has signed a landmark $11 billion midstream infrastructure agreement with a consortium led by Global Infrastructure Partners (GIP) to accelerate the development of the Jafurah unconventional gas field, a project seen as the cornerstone of Saudi Arabia’s natural gas expansion strategy.
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Industrial Highlights | Major Global Oil & Gas Firms Tap into Guyana’s Shallow-Water Frontier
Nov,17 2025
The Guyana government has formally awarded a five-year exploration licence for offshore Block S4 to a trio of international energy majors: TotalEnergies (operator¹), QatarEnergy and Malaysia’s PETRONAS. The agreement signals new momentum in Guyana’s upstream oil and gas sector as the country seeks to diversify beyond the deep-water frontier dominated by other players.
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Industrial Highlights | TotalEnergies Initiates Final Phase of Iraq's Gas Growth Integrated Project (GGIP)
Oct,27 2025
On September 15, 2025, TotalEnergies, in partnership with Basra Oil Company and QatarEnergy, commenced the final phase of Iraq's Gas Growth Integrated Project (GGIP). This multi-energy initiative aims to enhance Iraq's energy infrastructure through the development of oil, gas, solar, and water resources.
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Industrial Highlights | ExxonMobil Signs Agreement to Develop Iraq's Majnoon Oil Field
Oct,24 2025
ExxonMobil has signed a Heads of Agreement (HoA) with Iraq's Basra Oil Company and the State Oil Marketing Organization (SOMO) to manage, develop, and operate the Majnoon oil field in southern Iraq. This marks ExxonMobil's return to Iraq after a two-year hiatus.
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Industrial Highlights | Eni Advances Permit Process for Its Second Biorefinery in Sicily
Oct,22 2025
Italian energy company Eni SpA announced on October 12, 2025, that it has initiated the Environmental Impact Assessment (EIA) permit process for its second biorefinery and chemical recycling plant in Priolo, Sicily. The project will formally proceed once approval is granted by the Italian Ministry of Environment and Energy Security.
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Industrial Highlights | BP Commences Production at Murlach Field in the UK North Sea
Oct,20 2025
BP has initiated oil and gas production at the Murlach field, marking its sixth major upstream project startup in 2025. This redevelopment adds approximately 15,000 barrels of oil equivalent per day (boe/d) to the BP-operated Eastern Trough Area Project (ETAP) in the central North Sea, a hub that has been operational for 27 years.
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Industrial Highlights | Foster Wheeler Wins EPC Contract for Petron Refinery Expansion — Highlighting Demand for Advanced Clad Materials
Oct,16 2025
Foster Wheeler, through one of its Global Engineering & Construction subsidiaries, has been awarded an engineering and procurement contract by Petron Corporation for the expansion of its Bataan Refinery in the Philippines. The project includes the detailed engineering and supply of two double-fired Terrace Wall coker heaters for a 37,500 barrels-per-stream-day Delayed Coker Unit (DCU).
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Industrial Highlights | PTSC SEA-Yinson JV wins FSO contract in Vietnam
Oct,17 2025
Hanoi – Late July 2025 – A joint venture between PetroVietnam Technical Services Corporation (PTSC, 51%) and Malaysia’s Yinson Production (49%), under the name PTSC South East Asia (PTSC SEA), has secured a pivotal floating storage and offloading (FSO) contract for Vietnam’s burgeoning Block B gas development. Valued at approximately $600 million, the agreement outlines a firm 14-year lease-and-operate term, with potential extensions adding up to nine more years.
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Industrial Highlights | ADNOC Gas Unveils $20 Billion Expansion Drive Through 2029
Aug,27 2025
Abu Dhabi – August 6, 2025 – ADNOC Gas, the integrated gas business of the UAE’s ADNOC, has announced plans to channel $20 billion in capital expenditures over the next four years, aimed at turbocharging processing capacity, LNG exports, and advanced gas infrastructure developments. One major near-term decision will focus on the Bab Gas Cap project, slated for a final investment decision by next year.
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Industrial Highlights | INPEX Advances FEED for Abadi LNG in Masela Block with Focus on CCS and Strategic Partnerships
Aug,27 2025
Jakarta, Indonesia – August 5, 2025 – INPEX has officially begun the Front-End Engineering Design (FEED) phase for the Abadi LNG Project in the strategic Masela Block, located in the remote Arafura Sea region of eastern Indonesia.
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Industrial Highlights | Fluor–JGC JV Selected to Lead FEED Work for LNG Canada Phase 2 Expansion
Aug,13 2025
Kitimat, British Columbia – August 4, 2025 – A strategic joint venture between Fluor Corporation and JGC Corporation has recently been entrusted with the Front-End Engineering Design (FEED) responsibilities for the proposed Phase 2 expansion of the LNG Canada facility, located on Haisla Nation's traditional territory. This announcement follows the successful launch of the site’s inaugural LNG shipment under Phase 1, a project where the JV was deeply involved in engineering, procurement, fabrication oversight, construction, and commissioning.
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