July 7, 2026 by Iain Esau US player qualifies to bid for programme management consultancy contracts Fluor's office at Al Khobar in Saudi Arabia's Eastern Province.Photo: FLUOR Texas-based Fluor confirnmed on Tuesday that it has made the list of contractors qualified to carry out project management consultancy (PMC) work for Saudi Aramco. The Saudi giant has Long-Term Agreement (LTA) contractors who are automatically able to participate in large tender processes, without goin

July 14, 2026 by Jordan Blum Signage outside the Mitsubishi Corp. head office in Tokyo, Japan, on Jan. 15, 2026. Mitsubishi agreed to buy Aethon Energy Management's US gas and pipeline assets for $7.5 billion, the biggest purchase by a Japanese company in the American shale sector.PHOTOGRAPHER: TAKAAKI IWABU/BLOOMBERG VIA GETTY IMAGES Mitsubishi officially became one of the largest natural gas producers in the U.S. on Wednesday, following a $7.5 billion deal that positions th

July 3, 2026, by Melisa Cavcic Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring online another segment of an oil project in the North Sea off the coast of Norway FPSO Jotun; Source: Vår Energi The Norwegian Ocean Industry Authority (Havtil) has granted Vår Energi consent for the start-up and operation of Balder Phase VI on the Norwegian Continental Shelf (CCS). Located in the central part of the North Sea, just west of

June 25, 2026, by Melisa Cavcic ABL, part of Oslo-listed global consultancy Aqualis, has landed a hand to India’s government-owned energy giant Oil and Natural Gas Corporation Limited (ONGC) in the preparation for the monsoon season by helping reposition the offshore rig fleet deployed in the Asian country’s waters Rig move illustration; Source: ABL, part of Aqualis ABL has supported India’s ONGC in completing 44 jack-up rig moves ahead of the monsoon season, executed between

July 2, 2026, by Melisa Cavcic France’s energy giant TotalEnergies has struck a deal to divest to Japan’s Inpex its non-operated interest in a gas field off the coast of Sarawak, Malaysia. Illustration; Source: TotalEnergies TotalEnergies has disclosed the divestment of its 85% interest in Block 2E offshore Malaysia to Inpex, representing a net interest of 8.5% in the Shell-operated Marjoram gas field currently under development, for a consideration of $350 million. The Frenc

EU wind and solar generated more than gas for the first time. Source: Annual electricity data, Ember Summary: Is oil and gas exploration returning to Europe's agenda? In the short term (2024–2026), we will see targeted project revival driven by energy security logic. However, in the medium term (toward 2030) and beyond, this trend will collide with the overriding force of the EU Green Deal, the exponential growth of renewables, and tightening financial constraints. The futur

Saudi Arabia's New Energy Export Summary: The next EPC super-cycle is about AI: Saudi Arabia is betting on cheap power ($0.01/kWh), land, and state will to become a global AI hub and exporter of compute. The time for giga-projects is now. The driver of the next infrastructure wave won't be molecules or electrons—it will be algorithms . Saudi Arabia isn't just adopting AI; it's executing a sovereign strategy to pivot its entire economic export model from barrels of oil to t

Source:Nguya FLNG (2.4 MTPA): the new formula for fast-track LNG? The Nguya (“Energy”) FLNG is a cornerstone of the Congo LNG project in the Marine XII concession, offshore the Republic of the Congo. The massive unit, measuring 376 meters long and 60 meters wide, is moored at a depth of 35 meters. Designed with advanced technologies to minimize its carbon footprint, it sets a new industry benchmark for environmental performance. From contract award to sail-away, the FLNG was

The UK talks about 100+ GW of clean energy by the 2030s. China manufactures several times that capacity every single year. So where is the real EPC opportunity? Source:The Gigawatt Partnership. How UK ambition connects with China's industrial scale. UK–China trade: the baseline According to UK Government (ONS / DBT) data, total UK–China trade reached £102.7bn in 2024, nearly doubling over the past decade (UK Government – China Trade & Investment Factsheet) https://www

Source: Ayman Bouderbela via LinkedIn Senegal has launched Africa’s first LNG-to-Power project offshore Dakar. The FSRU LNGT Africa supplies regasified LNG via ship-to-ship (STS) transfer to Karpowership’s floating power plants, with 335 MW of installed capacity , providing up to 25% of Senegal’s electricity demand . The FSRU (125,000 m³ LNG capacity, 272 m in length) was built by Seatrium (formerly Sembcorp Marine) and is owned by Karmol , a joint venture between