Tecnimont has secured the FEED contract for Argent LNG’s planned 25 MTPA export terminal in Louisiana, but the bigger opportunity sits beyond engineering. With the project structured for a potential FEED-to-EPC rollover, the award positions Tecnimont at the front of a multibillion-dollar LNG procurement program.

PTTEP has taken FID on the Bussabong gas development in Thailand, opening an estimated US$138 million to US$150 million Phase 1 market for offshore platforms, pipelines, drilling and installation work.

50Hertz has shifted the steel construction and offshore platform scope for its 2 GW LanWin3 HVDC grid connection to NSORe, keeping Siemens Energy on the high-voltage technology package. The move creates a new procurement route through Rostock and Vlissingen for one of Germany’s largest offshore transmission assets.

Lamprell has joined L&T on a major ADNOC Offshore EPCI project, with the award presumed to be linked to the $6.2 billion Umm Shaif Gas Cap development. The scope opens a significant downstream market for subsea, fabrication, equipment, and marine suppliers.

SABIC Agri-Nutrients has awarded Samsung E&A a $3.465 billion EPC contract for the SAN-7 ammonia and urea complex in Jubail, creating a major new procurement opportunity across process equipment, utilities, carbon capture and construction packages.

QatarEnergy’s North Field West LNG expansion is moving deeper into execution, with new jacket fabrication work in Qingdao adding CNPC Offshore Engineering and Qingdao McDermott Wuchuan to a contractor lineup already featuring McDermott, Technip Energies, CCC, Gulf Asia Contracting and Baker Hughes.

Papua LNG has completed EPC tendering and reduced its estimated CAPEX to US$14 billion, bringing the 5.6 Mtpa development closer to FID as ExxonMobil prepares to assume operatorship.

Brazil’s FPSO pipeline is accelerating, but financing, engineering talent and yard capacity are getting tighter. The next battle will not be about who wins the most projects, but who can actually deliver them.

Studsvik has selected GE Vernova Hitachi and Samsung C&T to advance a four-unit, 1.2 GW BWRX-300 nuclear project in Sweden, creating a potentially multibillion-dollar EPC and supply-chain opportunity.

Saudi Aramco is evaluating bids for five offshore packages covering eight jackets and 13 production deck modules across six major fields, potentially unlocking $3 billion to $4.5 billion in new w

Four major EPC awards worth around €10 billion are testing contractor capacity across Asia, as gas processing, offshore development and power infrastructure compete for the same suppliers, fabrication yards and specialist resources.

Saudi Arabia’s $8.4 billion NEOM Green Hydrogen Project is nearing construction completion, with commissioning underway across facilities delivered by Air Products, L&T, thyssenkrupp nucera, Envision Energy and other major contractors.