Industrial Insights
Industry developments, technical guidance, product knowledge and procurement insights for contractors, EPC teams and industrial buyers.
McDermott Wins Shell Contract for Engineering, Procurement, and Project Management Services
McDermott has been selected by Shell Global Solutions International B.V. for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT). The EFA…
Saipem Awarded New Offshore Contracts Worth $720 Million
Saipem has been awarded new contracts in Middle East and Guyana for a total amount of approximately 720 million USD. The first contract encompasses the engineering, procurement, construction and installation (EPCI) activities for the repair of damaged subsea pipelines for…
TechnipFMC Awarded iEPCI™ Contract for Equinor’s Johan Sverdrup Phase 3 Offshore Norway
TechnipFMC has been awarded a integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. The Johan Sverdrup…
Orascom Construction & Técnicas Reunidas Awarded $2.6 Billion Contract for Qurayyah IPP Expansion Project
Orascom Construction PLC has announced that its 50-50 joint venture with Técnicas Reunidas has signed an Engineering, Procurement and Construction (EPC) contract to build the Qurayyah IPP Expansion Project, a…
Wood Awarded FEED Contract for Speyside’s Hydrogen Project by Storegga
Wood has been awarded the Front-End Engineering Design (FEED) for Speyside’s Hydrogen project, by Storegga. The Speyside Hydrogen project is set to play a key role in reducing the carbon emissions…
SAMSUNG E&A Wins KRW 520 Billion Contract for Songdo Bio Plant
SAMSUNG E&A has won a contract for the main construction of the Songdo Bio Raw Materials Plant from global life science company Sartorius. SAMSUNG E&A announced that it had signed…
Abu Dhabi & US Firms Form $25B Power JV Focused on Developing New Power Generation
ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in…
L&T Secures New Orders in Power Transmission & Distribution Sector
The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro has won new orders in India and abroad. In India, it has won an order to implement 765kV and…
ACWA Power Awards $500M Ras Mohaisen Desalination Plant to L&T-Lantania JV
A Joint Venture of Lantania and L&T will design, procure, construct and commission the Ras Mohaisen desalination plant, located 300 kilometers south of Mecca, in the Western Province of Saudi…