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Project Updates and Milestones news
26 August 2026
Technip Energies wins engineering services contract from L&T for ADNOC Offshore
Detailed engineering for new offshore facilities, upgrades and modifications on a major UAE EPCIC development; contract falls in the €50–250m "significant" band.
26 August 2026
ORLEN starts production at Idun Nord, Alve Nord and Ørn in Skarv area
Adds ~30 million boe (mostly gas) and >4 billion m³ of gas; tied to Skarv FPSO with 4.5 kg CO2/boe intensity; lifts Skarv output toward 9 million boe by 2027.
26 August 2026
Asahi Kasei opens Hipore wet-process separator coating line in Charlotte, NC
New Charlotte coating line adds regional wet-process separator capacity; commercial output planned H2 fiscal 2026 and will pair with a planned Canadian plant.
25 August 2026
LKAB builds 25 Mt/y sorting plant in Malmberget
New facility adds ~7–8 Mt/y capacity, prepares for apatite handling for phosphorus and rare-earth plans, backed by SEK 6bn investment and due in 2028.
25 August 2026
Equinor reshapes international portfolio — targets 950,000 boepd outside Norway by 2030
Portfolio concentrated into fewer countries, expected ~USD 20bn free cash flow 2026–2030; US, Brazil and Angola to drive growth; higher margins from high-grading and stepped-up exploration.
25 August 2026
Equinor: Troll Phase 3 Stage 2 boosts gas supply to Troll A
Stage 2 began production on 22 August, accelerating 55 billion scm from Troll West, coming online early and several hundred million NOK below the original cost estimate.
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25 August 2026
Olin and Huntsman shareholders approve all‑stock merger to form OlinHuntsman
Transaction cleared overwhelming preliminary shareholder votes; remains subject to regulatory approvals, certification and other customary closing conditions with closing targeted H1 2027.
25 August 2026
MAIRE awards ~€50m in STS contracts to Nextchem/Stamicarbon
Contracts fund urea licensing, PDP and proprietary equipment across Asia, Europe and North America, plus a feasibility study for a 40,000 t/yr polyolefin upcycling plant.
25 August 2026
Axens reaches 300th Prime-G+® unit with modular start-up at Raízen Argentina
Modular FCC gasoline desulfurization unit commissioned in Argentina, marking the 300th Prime‑G+® installation and demonstrating faster delivery with reduced onsite activities.
25 August 2026
Chugai files vamikibart in Japan for uveitic macular edema
If approved, would be Japan’s first intravitreal anti‑IL‑6 therapy for uveitic macular edema; filing is supported by global Phase III MEERKAT and SANDCAT data.
25 August 2026
EnviTec Biogas advances two French biomethane projects
Conversion of Biowatt to biomethane and construction of Valoverte set commissioning between end‑2026 and July‑2027, using EnviThan upgrading units.
25 August 2026
Sinopec 2026 mid-year results
H1 revenue RMB1,436.6bn; net profit RMB25.6bn; interim dividend RMB0.105/share; oil & gas eq 263.47m bbl; ethylene 6.394m t; chemical exports up 70%.
24 August 2026
Johnson & Johnson's IMAAVY approved by FDA as first therapy for warm autoimmune hemolytic anemia
FDA cleared therapy for wAIHA in patients ≥12 previously or currently treated with corticosteroids; showed rapid hemoglobin gains and durable responses in Phase 2/3 ENERGY.
24 August 2026
Petrobras launches EPC tender for 5,500 m3/day HDT at Repar
EPC tender opened for a 5,500 m3/day Diesel S-10 hydrotreating unit at Repar; part of the 2026–2030 portfolio and could help add ~70 kbpd with similar projects.
24 August 2026
Takeda’s ORZEYFUL approved in Japan for narcolepsy type 1
Japan clears the first oral OX2R agonist to address underlying orexin deficiency for adults with narcolepsy type 1.
24 August 2026
Sobi Japan and Asahi Kasei: Empaveli approved in Japan for C3 glomerulopathy and primary immune complex membranoproliferative glomerulonephritis
First complement inhibitor in Japan for patients aged 12+ with these rare kidney diseases; VALIANT showed 68.1% proteinuria reduction and eGFR stabilization versus placebo.
24 August 2026
AGC and Neusignal Therapeutics partner on Alzheimer candidate NTX-083
End-to-end CDMO support for NTX-083 completed — manufacturing process established and IND CMC documentation prepared ahead of planned US clinical trials in 2026.
24 August 2026
GSK’s Hibsago (bepirovirsen) approved in Japan as first functional cure for chronic hepatitis B
Japan approves the first functional cure for chronic hepatitis B: 6‑month ASO therapy yields 19% functional cure in patients with HBsAg ≤3000 IU/ml; approval fast‑tracked by SENKU.
24 August 2026
GSK’s Jemperli accepted for priority FDA review in dMMR/MSI‑H locally advanced rectal cancer
FDA sets PDUFA Feb 2027 for Jemperli’s supplemental filing based on AZUR‑1 data showing sustained 12‑month complete responses, potentially avoiding chemo, radiation and surgery.
24 August 2026
Sumitomo-led consortium wins JOGMEC design contract for ship-based CCS at Mizushima
Design and feasibility work for CO2 capture, liquefaction, temporary storage and maritime shipping at Mizushima to support a 3.43 Mtpa liquefied CO2 hub.
21 August 2026
Petrobras begins negotiations for Keta Basin exploration blocks in Ghana
Filed interest for offshore Keta Basin blocks; Ghana approved direct negotiation for four exploration contracts.
21 August 2026
Yara: USD 2bn arbitration claim linked to Gulf Coast Ammonia acquisition
Arbitration alleges at least USD 2 billion loss from a terminated ammonia offtake agreement; claim is disputed and said not to affect the pending acquisition.
21 August 2026
Rompetrol Rafinare: 4.8 MW PV plant and 9 MWh storage for Vega Ploieşti
4.8 MW PV plant with ~9 MWh battery will supply >6,200 MWh/yr for self‑consumption, cut >3,800 tCO2/yr; investment ~27 million lei; completion by 31 Dec 2028.
21 August 2026
Statkraft applies to build new Høyanger K5 and Breidal hydropower plants
Seeks licence to replace K5A/B with larger K5 and Breidal plants, boosting capacity to ~257 MW and output to ~780 GWh without new reservoirs.
21 August 2026
WarmtelinQ (Gasunie) installs 1,562 m HDD for Rotterdam–The Hague–Leiden heat network
Final drilling section completed, bringing commissioning closer and allowing residual Port of Rotterdam heat to supply roughly 120,000 homes and businesses.
21 August 2026
INEOS Inovyn to buy UK's only EDC asset and remaining Runcorn stake
Buys remaining 50% of Runcorn MCP and EDC assets and staff; integrates chlor‑alkali and EDC value chain to secure chlorine supply for water treatment; completion subject to approvals, due later this year.
20 August 2026
matterr secures non‑refundable ERDF and Lower Saxony grant for ReNaTe
Project will valorise PET recycling side streams to create marketable outputs and improve resource efficiency of matterr’s chemical recycling process.
20 August 2026
Petrobras: FPSO Alexandre de Gusmão hits 180,000 bpd peak in Mero pre-salt
Planned for 12 wells (6 producers/6 injectors), currently 5 producers and 3 injectors are tied in; Mero averaged about 740 mbpd in Q2 2026; PRM monitoring and HISEP separation are being deployed.
20 August 2026
Messer expands industrial gas capacity in Northern Vietnam
Two new plants in Thai Nguyen add 900 t/d liquid gas, bringing regional capacity to 2,000 t/d; USD 40M investment to support electronics and semiconductors.
19 August 2026
Sunfire begins SOEC test facility construction at Industrial Park Lausitz
Groundbreaking for a high‑temperature SOEC test plant to validate Sunfire’s next-generation electrolyzers under industrial conditions and accelerate commercial scale-up.
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