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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Industrial Highlights | Essar Advances UK Methanol-to-Jet SAF Project as Sustainable Aviation Fuel Investment Accelerates
Jun,16 2026
The global sustainable aviation fuel (SAF) market continues to gain momentum as governments, airlines, and energy companies push to reduce aviation carbon emissions. One of the latest developments comes from the UK, where Essar Energy Transition has completed the pre-FEED stage for a large-scale Methanol-to-Jet (MtJ) SAF production project integrated with the Stanlow refinery infrastructure.
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Industrial Highlights | Middle East Mega Projects Move Closer to Final Investment Decisions, Creating New Demand for Process Equipment and Clad Materials
Jun,12 2026
Several large-scale offshore and gas development projects across the Middle East are moving closer to major contract awards and final investment decisions (FID), signaling another active cycle for EPC contractors, offshore fabricators, and process equipment suppliers. Recent industry reports indicate that multiple developments in the UAE, Saudi Arabia, Kuwait, and Oman are entering critical engineering and procurement phases, with total project values reaching well above US$10 billion.
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Industrial Highlights | Indonesia Opens 13 Oil & Gas Blocks in New Bid Round, Driving Demand for Offshore Process Equipment and Clad Materials
Jun,11 2026
Indonesia has started a new upstream oil and gas bidding round, offering 13 exploration blocks across several key regions including Natuna, Papua, Makassar Strait, and East Nusa Tenggara. The new licensing round reflects the country’s long-term plan to increase domestic energy production and attract more international investment into offshore and deepwater developments.
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Industrial Highlights | INEOS and Sandpiper advance $1.7B low-carbon methanol project in Texas with CCS-based production and FEED phase entry
Jun,05 2026
A major low-carbon chemical development in the United States is moving forward as INEOS Group and Sandpiper Chemicals progress their jointly developed low-carbon methanol project in Texas City, marking a significant step in the global shift toward decarbonized feedstocks.
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Industrial Highlights | Bay du Nord FPSO project advances as BW Offshore enters FEED phase with Equinor for Canada’s largest offshore development
Jun,09 2026
The offshore oil development at Equinor’s Bay du Nord project has entered a key new stage, with FPSO contractor BW Offshore signing a Front-End Engineering and Design (FEED) agreement for the floating production system offshore Canada.
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Industrial Highlights | Vietnam offshore gas project advances as EPCIC contract awarded to domestic contractor, highlighting subsea development and advanced material solutions
May,25 2026
An offshore gas development in Vietnam is moving into the execution phase after a key engineering, procurement, construction, installation and commissioning (EPCIC) contract was awarded to a domestic contractor, marking another step forward in the country’s expanding offshore energy sector.
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Industrial Highlights | Timor-Leste offshore project moves toward EPCI phase with focus on FPSO development and advanced material solutions
May,22 2026
An offshore oil development in Timor-Leste is progressing toward the engineering, procurement, construction and installation (EPCI) phase, as operator Finder Energy advances planning for its Kuda Tasi and Jahal (KTJ) fields. The project marks a significant step in revitalizing upstream activity in the region and is expected to play a key role in the country’s future oil production strategy.
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Industrial Highlights | Europe pushes forward with molten salt reactor plans — what it could mean for clad plate and advanced materials
May,21 2026
There has been some quiet but meaningful progress in Europe on molten salt reactor (MSR) development. A group of companies and regional partners, led by Thorizon, is moving ahead with a phased approach that starts from non-nuclear testing and gradually leads to a commercial reactor.
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Industrial Highlights | Algeria Relaunches Tender for Djelfa Power Plant, Reviving Strategic Energy Project
May,11 2026
Algeria’s state-owned utility is moving to restart a previously stalled power generation project by re-issuing the contract for the Djelfa combined-cycle power plant, a development seen as key to meeting the country’s growing electricity needs and reinforcing grid reliability.
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Industrial Highlights | SBM Offshore Secures FEED Role for ExxonMobil’s Longtail FPSO Project in Guyana
May,08 2026
Global offshore solutions provider SBM Offshore has been selected by ExxonMobil to carry out front-end engineering and design (FEED) work for a new floating production, storage and offloading (FPSO) unit tied to the Longtail development offshore Guyana.
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Industrial Highlights |Turkmenistan Advances Major Gas Field Expansion, Unlocking New Opportunities for Energy Supply Chain
Apr,07 2026
Turkmenistan has taken a significant step forward in expanding one of the world’s largest natural gas developments, marking renewed momentum in Central Asia’s energy sector.
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Industrial Highlights | KBR Awarded PMC Contract for Libya South Refinery Project
Mar,30 2026
Global engineering firm KBR has been awarded a Project Management Consultancy (PMC) contract for the South Refinery Project in Ubari, southwestern Libya. The contract was granted by Zallaf Exploration, Production and Refining Company and covers project management across engineering, procurement, and construction (EPC) phases. The PMC services are expected to run for approximately 50 months.
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Industrial Highlights |MAIRE Secures Technology Contract for Large Fertilizer and Chemical Complexes in West Africa
Mar,27 2026
Italian engineering and technology group MAIRE recently announced that its sustainable technology subsidiary NEXTCHEM has secured a contract valued at approximately €485 million. The scope includes technology licensing, preparation of Process Design Packages (PDP), and supply of critical proprietary equipment for several large fertilizer and chemical complexes planned in West Africa.
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Industrial Highlights | 2026 Commodity Outlook: Copper & Nickel Supply, Risks, and Industrial Material Strategy
Mar,04 2026
As 2026 unfolds, Copper and Nickel are emerging as the most strategically important industrial metals. Supply constraints, growing global demand, and price volatility are creating new challenges for EPC contractors, fabricators, and industrial project teams.
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Industrial Highlights | Why Copper’s 2026 Momentum Matters — And What It Means for Industrial Material Strategy
Mar,03 2026
Copper has surged into the spotlight as one of the most dynamic industrial metals going into 2026 — and for good reason.
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Industrial Highlights | 2025 Global Copper Supply Crisis: What’s Really Behind the Disruptions?
Feb,28 2026
The global copper market in 2025 has entered a period of significant strain. What began as isolated operational setbacks has evolved into a widespread supply disruption across multiple continents. The result: concentrate availability has tightened sharply, and the market is now facing a substantial supply deficit compared to earlier projections.
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Industrial Highlights | India Set to Lead Upstream Oil & Gas Project Starts in Asia Through 2030
Feb,27 2026
India is emerging as a key hub for new oil and gas field developments in Asia, with industry analysts projecting that the country will drive the highest number of upstream project starts between 2026 and 2030. This uptick reflects sustained energy demand, government reforms to attract investment, and strategic efforts to bolster domestic production capacity.
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