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Project Updates and Milestones news
(page 10)
8 July 2026
Dangote Settles on Lamu, Kenya for Proposed 700,000 bpd East African Mega-Refinery
USD 17–20bn single‑train coastal refinery tied to the 800 km Lokichar–Lamu pipeline; FEED not yet awarded; Kenya allocated KES 21.5bn in seed capital.
7 July 2026
TechnipFMC wins Equinor subsea tie-back contracts in Norway
Design and manufacture of subsea production systems and controls for three brownfield tie-backs; rigid pipe installation on a fourth; contracts worth $250–500m, booked in Q2 2026.
7 July 2026
Topsoe and Sasol to supply G2L tech for SUSTAERO wood‑waste SAF project in Canada
SAF from wood waste, 3,200 bpd initial capacity expandable 3×; final investment decision expected 2028 and operations targeted for 2031.
7 July 2026
LYB and Mondelez launch Marabou wrappers with 75% recycled content
Flexible food-grade film made from chemically recycled mixed plastic via ISCC PLUS mass-balance; MoReTec-1 to supply 50,000 t/yr feedstock; Taghleef and Amcor handled film and conversion.
7 July 2026
Equinor awards NOK 6bn contracts for four subsea projects on Norwegian shelf
Contracts are part of a coordinated first subsea wave to speed delivery and cut costs by standardising equipment and processes across multiple developments.
7 July 2026
Nobian launches LiSA pilot to scale circular low‑carbon lithium refining
Pilot will test salt-assisted crystallization to refine LiCl from geothermal brines and recycled batteries into battery-grade lithium with lower energy, CO₂, water and waste.
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7 July 2026
Al Baleed Petrochemical joins Carbeau to commercialise Volta CO₂-to-chemicals technology
Becomes strategic partner in a spin-out commercialising an electrochemical route to turn captured CO₂ into glycolic acid and PLGA using renewable electricity; Salalah eyed for first non‑EU plant.
7 July 2026
Lhyfe expands European green hydrogen logistics with 10 new Hexagon Purus containers
Adds 10 Type IV containers to an 84-unit fleet; surpassed 1,000 deliveries in 2025, supplies RFNBO hydrogen across nine European countries and plans 70% capacity growth in 2026.
7 July 2026
Saipem awarded USD 2 billion EPCI contract for Kutei FPSO in Indonesia
EPCI for an FPSO to serve the Kutei North Hub, tied to subsea fields and a gas export pipeline to Bontang LNG and domestic users; 48-month execution.
7 July 2026
ADNOC and INPEX sign 15-year SPA for Ruwais LNG
Supply deal covers 1 mtpa from the 9.6 mtpa Ruwais plant, which starts commercial operations in 2028; project now >90% commercially committed and will run on clean power.
6 July 2026
Viva Energy opens SAF storage and blending hub at Brisbane Airport
Dedicated end-to-end SAF tank and blending facility now linked to Brisbane Airport JUHI, with certification, carbon-credit integration and digital mass-balance tracking.
6 July 2026
Michelin and Axens in exclusive talks to commercialize 5‑HMF
Exclusive talks aim to industrialize 5‑HMF, a bio‑based platform for resins, polymers and PEF; first ~3,000 t/yr plant scheduled to start up early 2027.
6 July 2026
TaiSan raises £4.65m to commercialise sodium‑ion batteries
Seed funding to advance compact sodium‑ion cells for e‑bikes, light EVs and power tools; pilot tests, pack demos and scaled precursor manufacturing planned.
6 July 2026
TechnipFMC awarded Eni Baleine Phase 3 subsea contract
Design and manufacture flexible flowlines and risers to tie wells in ~1,200 m water depth to a new floating production unit for a fast‑track expansion offshore Côte d’Ivoire.
6 July 2026
Genmab: EC approves TEPKINLY (epcoritamab) + lenalidomide and rituximab for relapsed/refractory follicular lymphoma
First bispecific‑based, chemotherapy‑free second‑line option in Europe after Phase 3 showed major PFS benefit and high complete response rates.
6 July 2026
RIFT's Alpha One enters FEED
Moves into Front-End Engineering Design to refine plant design, reduce technical and execution risks, and prepare an engineering package for a Final Investment Decision.
6 July 2026
Heurtey Petrochem Solutions to supply efurnace for Pacífico Mexinol methanol project
Selected as supplier of an electrical tubular furnace for a 6,130 t/d ultra-low-carbon methanol plant near Topolobampo, Mexico, targeting operation in 2030.
6 July 2026
Essar Energy Transition renews US$300m crude facility with Petraco
Three-year facility refreshes crude sourcing and product marketing, strengthens feedstock security and capital structure while backing higher domestic output and low‑carbon investments.
6 July 2026
Eni Storage Systems breaks ground on Brindisi LFP gigafactory and BESS assembly plant
New Brindisi hub will produce LFP cells and modules, add cathode material and recycling, and target 16 GWh/year by 2030 for stationary energy storage.
5 July 2026
Toray develops KSB-200, next‑generation κOR analgesic candidate
Novel κ-opioid agonist showed oral analgesia in mice with reduced sedation in preclinical tests; company will present data at INRC 2026 and seek early partners.
5 July 2026
MoCI and QatarEnergy to govern hydrocarbon resource allocation and expand Mesaieed medium industries area
Establish joint governance to evaluate and allocate natural gas, power and related resources to downstream industrial projects and create a medium-industries zone in Mesaieed.
3 July 2026
EnviTec Biogas AG suspends 2025 dividend while shifting to biomethane
AGM approves no dividend for 2025 to preserve financial flexibility; EEG support for ~16 MW and ~€100m investment plan to expand biomethane production by 2031.
3 July 2026
Petrobras starts operations at Pre‑Salt Technology Center in Itajubá (UNIFEI)
Semi‑industrial plant reproduces high pressures, temperatures and high CO₂ of pre‑salt; R$300 million R&D investment; HISEP pump final qualification tests planned H2 2026.
3 July 2026
EnviTec Biogas AG: Dividend suspended as company pivots to biomethane
AGM approves dividend suspension to preserve cash; company won EEG subsidies for ~16 MW, plans ~€100m investment to convert plants toward biomethane by 2031.
3 July 2026
Aurubis opens Complex Recycling Hamburg plant for strategic metals
New unit processes copper, lead and sulfur in one plant, raising recycling capacity and EU supply-chain resilience.
3 July 2026
ACM reserves ZILS land for antimony refinery
Antimony refinery planned at Sines industrial zone; expected to create ~150 skilled direct jobs and ~300 indirect jobs while strengthening Europe’s critical metals processing capacity.
3 July 2026
Mitsubishi Gas Chemical inks 100,000 t/y green methanol offtake with ACME Group
Starts at commercial operation in 2030; product meets ultra-low carbon intensity and targets fuel and chemical markets in Japan and Asia.
3 July 2026
Asahi Kasei adds slitting facility for SUNFORT DFR in Tainan
New Tainan slitting plant expands DFR capacity for advanced semiconductor packaging; commercial operations start this month.
2 July 2026
Roche: divarasib superior in Phase III Krascendo1 vs approved KRAS G12C inhibitors
Phase III Krascendo1 tested divarasib in previously treated KRAS G12C-positive NSCLC and showed superiority over approved G12C inhibitors; detailed results to be presented at a medical meeting.
2 July 2026
VIDA bioenergy Bernheze plant begins biomethane production
Bernheze plant starts injecting biomethane into the Dutch grid, ramping to 8 million m³/year and processing ~72,000 t/year of agricultural feedstock.
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