Industrial Highlights | TechnipFMC Lands Major Contract to Extend Equinor’s Heidrun Platform Life
Jul,24 2025
Stavanger–Houston, July 15, 2025 – TechnipFMC has secured a substantial integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Equinor to upgrade and prolong the operational life of the Heidrun platform in the Norwegian North Sea. The contract, valued between US$75 million and $250 million, was confirmed following a successful pre-engineering (iFEED™) phase conducted by Techni.
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Industrial Highlights | Ecopetrol Engages Wood to Engineer Clean-Fuels Upgrade at Colombian Refinery
Jul,23 2025
Barrancabermeja, June 20, 2025 – Ecopetrol, Colombia’s majority state-owned oil company, has awarded a detailed engineering contract to UK-based Wood plc. The project covers the Línea Base de Calidad de Combustibles (LBCC) upgrade at Barrancabermeja—Colombia’s oldest and largest refinery, processing about 250,000 barrels per day and supplying over 40% of the nation’s fuel demand .
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Industrial Highlights | ExxonMobil and ANPG Extend Angola’s Block 15 until 2037 with New Investment Pact
Jul,21 2025
Luanda, July 14, 2025 – Angola’s National Agency of Petroleum, Gas, and Biofuels (ANPG) and a consortium led by ExxonMobil have signed a binding addendum to the Block 15 Production Sharing Contract (PSC), officially extending operations until 2037.
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Industrial Highlights | EDF to Acquire 12.5% Stake in UK’s Sizewell C Nuclear Project
Jul,17 2025
London, July 8, 2025 – French state-owned energy giant EDF has agreed to acquire a 12.5% stake in the UK’s Sizewell C nuclear power project, committing around £1.1 billion ($1.4 billion) in investment. The announcement came during French President Emmanuel Macron’s official state visit to the United Kingdom, signaling strengthened bilateral cooperation in the fields of clean energy and strategic infrastructure.
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Industrial Highlights | Turkey’s TPAO Uncovers $30 Billion Black Sea Gas Prize at Göktepe-3
Jul,02 2025
Istanbul / Ankara | May 20, 2025 – Turkish Petroleum Corporation (TPAO) has announced a major new natural gas discovery in the western Black Sea—approximately 75 billion cubic meters (bcm)—at the Göktepe-3 well. With an estimated value of around US $30 billion, this find marks another milestone in the nation’s push toward energy independence .
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Industrial Highlights | Wood–Tendrill JV Lands Five Year Brownfield EPC Deal from Shell Brunei
Jun,30 2025
Bandar Seri Begawan, Brunei | June 16, 2025 — A joint venture between UK-based engineering firm Wood and Brunei’s Tendrill International has secured a major five-year contract to provide brownfield engineering, procurement, and construction (EPC) services for Brunei Shell Petroleum (BSP). The deal also includes an option to extend for an additional two years .
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Industrial Highlights | Ecopetrol Selects Wood for Major Low-Carbon Upgrade at Barrancabermeja Refinery
Jun,25 2025
Barrancabermeja, Colombia | June 24, 2025 – Colombia’s state-controlled energy company Ecopetrol has awarded a detailed engineering contract to global consultancy Wood for a comprehensive clean-fuels revamp at its flagship Barrancabermeja refinery. This ambitious initiative forms a key component of Ecopetrol’s Línea Base de Calidad de Combustibles (LBCC) program, aimed at delivering ultra-low-sulfur gasoline and sustainable aviation fuel (SAF) by 2030 .
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Industrial Highlights | Turkey's Black Sea Gas Discovery: A Strategic Leap Forward and the Role of Clad Plates in Offshore Infrastructure
Jun,11 2025
Turkey has announced a significant milestone in its energy sector with the discovery of a vast natural gas reserve in the Black Sea. The Tuna-1 well, located in the Sakarya Gas Field approximately 175 kilometers off the coast of Ereğli, was drilled to a depth of 4,525 meters and revealed over 100 meters of gas-bearing reservoirs in Pliocene and Miocene sands. This discovery, estimated at 11 trillion cubic feet (approximately 320 billion cubic meters) of natural gas, marks the largest find in the Turkish Exclusive Economic Zone and the entire Black Sea region.
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Industrial Highlights | China Approves 10 New Nuclear Reactors, Bolstering Energy Transition and Demand for Clad Plate Technology
Jun,10 2025
China has recently approved the construction of 10 new nuclear reactors across five coastal provinces—Jiangsu, Shandong, Guangdong, Zhejiang, and Guangxi—with a total investment exceeding $31 billion. This significant expansion underscores China's commitment to reducing carbon emissions and enhancing energy security.
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Industrial Highlights | India's Green Hydrogen Push Spurs Demand for Clad Plates in Key Equipment
Jun,09 2025
India is rapidly accelerating its green hydrogen ambitions, targeting the production of 5 million metric tons of green hydrogen annually by 2030. This initiative is expected to attract an estimated $125 billion in investments, reshaping the country’s energy landscape and generating approximately 600,000 new jobs. As these projects take shape, demand is rising not only for electrolysis and storage infrastructure but also for advanced materials—particularly clad plates—that are essential to building safe and durable hydrogen production systems.
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Industrial Highlights | BP Greenlights Shah Deniz Phase 3 Expansion
Jun,06 2025
Baku, Azerbaijan – June 2025 — British energy giant BP has officially approved the Phase 3 development of the Shah Deniz gas field, marking a major milestone in one of the world's largest gas-condensate fields. The expansion is designed to unlock additional reserves and extend output well into the 2040s, reinforcing Europe’s long-term gas supply diversification strategy amid shifting geopolitical energy dependencies.
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Industrial Highlights | Petrobras Advances Búzios 12 FPSO Tender to Enhance Gas Production in Pre-Salt Basin
May,23 2025
May 2025 – Energy & Engineering Brief，Brazilian energy giant Petrobras is poised to initiate the tender process for its 12th Floating Production Storage and Offloading (FPSO) unit at the Búzios field in the Santos Basin. This move aims to bolster natural gas output and support Brazil's energy infrastructure.
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Industrial Highlights | Indian Oil Charts $1 Trillion Revenue Ambition by 2047, Diversifies into New Energy Sectors
May,22 2025
May 2025 – Energy & Engineering Brief，Indian Oil Corporation Ltd (IOCL), India's leading state-owned energy enterprise, has unveiled an ambitious roadmap to achieve $1 trillion in revenue by 2047. This strategic vision encompasses a significant expansion of its traditional oil and gas operations and a bold diversification into emerging sectors such as data centers, nuclear power, battery manufacturing, and critical mineral mining.
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Industrial Highlights | Indonesia Launches $600 Million Offshore Oil & Gas Projects to Bolster Energy Independence
May,21 2025
May 2025 – Energy & Engineering Brief，Indonesia has inaugurated two major offshore oil and gas projects in the South Natuna Sea, marking a significant step toward achieving national energy self-sufficiency. President Prabowo Subianto emphasized the importance of these developments in reducing reliance on energy imports and enhancing domestic production capabilities.
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Industrial Highlights | Ontario Greenlights North America's First Grid-Scale SMR
May,20 2025
May 2025 – Energy & Engineering Brief.Ontario Power Generation (OPG) has received final approval to construct North America's first commercial grid-scale Small Modular Reactor (SMR) at the Darlington New Nuclear Project site. The project will utilize the BWRX-300 reactor design from GE Hitachi Nuclear Energy and is scheduled to commence operations by 2030 .
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Industrial Highlights | Valeura Energy Approves Offshore Thailand Redevelopment
May,19 2025
May 2025 – Energy & Engineering Brief.Canadian-based upstream operator Valeura Energy Inc. has confirmed its Final Investment Decision (FID) for the redevelopment of the Wassana oilfield, a key asset in the G10/48 concession area of the Gulf of Thailand. The project marks a strategic return to production, leveraging a new Floating Storage and Offloading unit (FSO) and a five-well drilling campaign expected to begin soon.
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Industrial Highlights | Akrake Petroleum Advances Sèmè Field Redevelopment Offshore Benin
May,13 2025
Akrake Petroleum Benin SA, a wholly owned subsidiary of Lime Petroleum Holding AS and indirectly owned by Singapore-based Rex International Holding, has signed contracts to redevelop the Sèmè oilfield offshore Benin. The agreements encompass the provision of a Mobile Offshore Production Unit (MOPU), converted from a mid-sized drilling rig, and an Aframax tanker to serve as a Floating Storage and Offloading (FSO) unit.
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Industrial Highlights | Technip Energies Secures Major EPC Contract for Qatar's North Field South LNG Expansion
May,12 2025
Technip Energies, in partnership with Consolidated Contractors Company (CCC), has been awarded a significant Engineering, Procurement, and Construction (EPC) contract by QatarEnergy for the North Field South (NFS) project. This project represents a pivotal phase in Qatar's ambitious plan to expand its liquefied natural gas (LNG) production capacity.
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Industrial Highlights | BW Energy Greenlights Maromba Field Development Offshore Brazil
May,07 2025
In May, 2025, BW Energy has announced its final investment decision (FID) to develop the Maromba oil field, located about 100 kilometers off the coast of Brazil in the Campos Basin. This move marks a significant step in the company’s offshore expansion strategy in South America.
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Industrial Highlights | MODEC to Develop FPSO for ExxonMobil’s Hammerhead Project in Guyana
Apr,28 2025
April 21, 2025 — ExxonMobil Guyana Limited has awarded MODEC a contract to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project, located offshore Guyana. The contract, issued as a Limited Notice to Proceed (LNTP), initiates early-phase work on the FPSO, including front-end engineering and design (FEED). Pending regulatory and government approvals, the project will advance to the engineering, procurement, construction, and installation (EPCI) phase.
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