Venture Global has officially taken Final Investment Decision (FID) and achieved financial close for Phase 1 of its CP2 LNG export facility in Cameron Parish, Louisiana. The announcement, made on July 28, marks the launch of one of the most significant new LNG projects on the U.S. Gulf Coast and signals the start of a procurement wave that could exceed $5 billion for subcontractors and equipment suppliers.

Saipem has confirmed a phased restart of the Mozambique LNG project this summer, signalling new opportunities for logistics, construction, and service companies as site activity ramps up at the Afungi plant.

Saipem and Subsea7 have confirmed their merger to form Saipem7, a €21 billion energy services powerhouse with a €43 billion project backlog and operations in over 60 countries. For suppliers, shipyards, engineering firms and manpower providers, the deal signals a major expansion in global offshore activity, particularly in subsea, offshore wind and heavy construction. With a combined fleet of 60+ vessels and €300 million in annual synergies targeted, the newly formed group is set to become a key force in energy transition and complex offshore delivery.

ADNOC’s phased Upper Zakum expansion targets 1.5 million b/d using AI, clean energy, and artificial islands. Strategic partners ExxonMobil and INPEX are onboard. Major opportunities are emerging for EPC firms, tech providers, and marine contractors as ADNOC readies tenders. Smart suppliers should act now to prequalify and engage.

Chevron’s $5 billion Project Labrador aims to establish a major blue hydrogen and ammonia facility on the Texas Gulf Coast, marking a significant step in the U.S. energy transition with carbon capture and clean fuel production at its core.

Japan’s INPEX has kicked off the tender process for a key contract on its Abadi LNG megaproject in Indonesia, one of Asia’s largest planned energy developments.

The projects promise to boost local supply chains, create hundreds of jobs, and establish the region as a key player in clean energy production and distribution.

Qatar’s LNG mega-plans just got hotter as COMP 5 kicks off a new wave of offshore opportunities, and global EPC giants are lining up to win big.

Past contract awards at Hinkley Point C offer a clear roadmap for suppliers looking to win work on the upcoming Sizewell C nuclear megaproject.

Phase 3 will add two new subsea templates, tied back to existing infrastructure via new pipelines.

Equinor’s USD1.8B Fram Sør project opens major opportunities for EPC contractors, suppliers, and service providers with fast-tracked subsea, pipeline, and topsides scopes.

ADNOC Gas awards major EPC contracts to Kent, Petrofac, and Wood, unlocking billions in opportunities for suppliers, contractors, and service providers across the value chain.