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Project Updates and Milestones news
(page 7)
22 July 2026
Saipem wins $260m offshore drilling contract for Côte d’Ivoire
Drillship Santorini set for long-term development drilling with firm commitment, optional extensions and possible work in neighbouring countries; operations start early 2027.
21 July 2026
CATL and Solarpro sign 2 GWh sodium‑ion storage deal for Eastern Europe
2 GWh sodium‑ion storage agreement aims to deploy next‑gen systems and commission the first sodium‑ion energy storage project in Central and Eastern Europe.
21 July 2026
Gilead & Merck: Once-weekly islatravir/lenacapavir (ISL/LEN) maintained viral suppression in Phase 3 ISLEND trials
Phase 3 ISLEND-1/2 show once-weekly oral ISL/LEN noninferior to daily regimens at Week 48 with low discontinuations and similar safety profiles.
21 July 2026
SPIE modernizes electrical infrastructure at Uniper's Staudinger power plant
Modernization 2024–2028 replaces ≈52 km of LV distribution cables and all low/medium‑voltage cabling; 180 t of copper removed; plant to remain in service until 2031.
21 July 2026
Fluor awarded FEED for GPIC aromatics facility in Bahrain
FEED contract for a new aromatics unit at Sitra; target output about 1.2M t/yr paraxylene and 0.5M t/yr benzene using proven process technology.
21 July 2026
PTT Global Chemical wins BRIPC Best Practice Case in IP 2025 for muconic acid patent
Patent for improved muconic acid commercialized; collaboration with Toray advanced bio-based adipic acid and pre-commercial Bio‑Nylon 6,6, supporting circular economy.
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21 July 2026
TotalEnergies: FID for Umm Shaif Gas Cap development
Final investment decision taken to develop the gas cap above Umm Shaif and Nasr offshore reservoirs, targeting >600 million cubic feet/day by 2030 and up to 1.5 billion in future.
21 July 2026
VIDA bioenergy starts biomethane injection at Wormslade
Plant moves to commercial operations, supplying renewable biomethane to the UK gas grid and ramping to full capacity by October 2026.
21 July 2026
ADNOC $6.2bn FID for Umm Shaif Gas Cap
Final investment decision will unlock over 600 million scfd, include three EPC contracts and a 14‑well drilling program, and target production by 2030.
20 July 2026
Coogee to add chlorine drumming facility at Lytton
New Lytton drumming facility to diversify domestic chlorine supply and improve resilience for regional Australian markets.
20 July 2026
tk accelis outlines mid-term targets and spin-off plan at Capital Markets Day
Presents >4% sales CAGR and 4–5% adjusted EBITDA margin targets, details growth strategy and plans a minority-stake spin-off subject to thyssenkrupp shareholder vote on 7 Aug 2026.
20 July 2026
Moeve Chemicals completes global verification for Low Carbon production
All production plants verified to supply Low Carbon products, enabling global customers to access verified, traceable lower‑carbon LAB and phenol alternatives.
20 July 2026
Carbon Neutral Fuels' Project Starling enters pre‑planning at Workington
Project moves into formal pre‑planning; planned output raised to ~31,000 tpa SAF, 100–150 skilled jobs expected, building on prior £6m government backing.
20 July 2026
Cimpor reactivates Sines grinding plant for GGBFS production
Sines grinding plant restarted to produce ground granulated blast furnace slag (GGBFS); capacity >400,000 t/yr, 2,500 t ready for dispatch; near Port of Sines; supports decarbonisation and local jobs.
20 July 2026
MAIRE/Tecnimont awarded €1.3bn EPC for 2.1 Mt/yr urea complex in Argentina
Facility will be Latin America’s largest urea plant, with an on-site ammonia unit and two ultra-low energy urea trains; Nextchem supplies urea tech and primary reformer; 41-month schedule.
20 July 2026
WuXi Biologics hits 1,000th molecule milestone with Earendil Labs trispecific antibody
Trispecific ophthalmic antibody marks the platform's 1,000th molecule; collaboration advanced multiple multispecifics, fusion proteins and ADCs from DNA to IND with faster-than-average timelines.
20 July 2026
OMV Petrom and ROMGAZ install Neptun Alpha offshore platform in the Black Sea
Offshore production platform installed; 160 km pipeline and 6 of 10 wells complete; production on track for 2027.
20 July 2026
SONATRACH and VNG sign natural gas supply contract for Germany from Jan 2027
Expands gas deliveries to the German market from 1 Jan 2027; tied to joint hydrogen projects and a cooperation MoU covering green hydrogen and methane reduction.
20 July 2026
Coolbrook and ABB advance RotoDynamic Heater to industrial delivery for Adani Cement
Industrial-scale RotoDynamic Heater installation at Boyareddypalli cement plant; electrical equipment, drives and DCS supplied by partner; expected ~60,000 tCO2 reduction annually.
20 July 2026
GSK Bexsero: EMA accepts submission to add single-dose booster for 10+ years
Phase 3b data indicate a single Bexsero booster at age 10+ boosts immunity in those primed in infancy; full study results will be presented at IPNC in September.
17 July 2026
Boehringer Ingelheim: EU approval for JASCAYD (nerandomilast) in IPF and PPF
First-in-class oral PDE4B inhibitor approved for adults with IPF and PPF after Phase III trials showed slower lung function decline and a favourable tolerability profile.
17 July 2026
bp brings ConocoPhillips into Kirkuk redevelopment
A 42% stake will support redevelopment of Kirkuk oil fields, with an initial >3 billion boe production phase across Baba, Avanah, Bai Hassan, Jambur and Khabbaz.
17 July 2026
GSK updates CALM-1 and CALM-2 camlipixant phase III results
50 mg twice daily cut 24‑hour coughs in CALM‑1; CALM‑2 and the 25 mg dose failed primary/secondary endpoints, prompting halt of RCC development.
17 July 2026
Yara: Q2 EBITDA USD 906m and Gulf Coast ammonia acquisition
High margins pushed EBITDA to USD 906m; volatile nitrogen prices delayed off‑season demand, buying resumed in mid‑July; acquisition to lower ammonia costs and diversify energy exposure.
17 July 2026
Gasunie H1 2026: advancing hydrogen, CO₂, heat and LNG infrastructure
Opened a 32‑km Rotterdam hydrogen pipeline, progressed CO₂ and heat projects, boosted LNG capacity, and saw shifting gas flows with higher power‑sector demand.
17 July 2026
Uniper to invest €5 billion in European energy system transformation
Focus on flexible generation, hydrogen-ready plants, renewables and gas diversification; projects include ~1.7 GW of tendered plants, data‑centre site development and gas portfolio expansion.
16 July 2026
GS Caltex completes 2026 first-half turnaround at Yeosu Complex using digital and AI
Nine-unit, ~60-day maintenance used digital and AI tools to speed inspections, clean heater tubes, monitor safety and reinforce safety leadership across operations.
16 July 2026
Boehringer Ingelheim: BI 3034701 triple GLP‑1/GIP/NPY2 agonist enters Phase II
Phase II starts for a potential first‑in‑class triple GLP‑1/GIP/NPY2 receptor agonist targeting weight, satiety and central hunger signalling; study includes dose finding and safety/efficacy evaluation.
16 July 2026
Takeda: Zasocitinib achieves high, consistent clearance at hard-to-treat psoriasis sites
Phase 3 secondary data show ~75% scalp and ~70% palmoplantar clearance at week 16; significant nail improvement; responses sustained to week 24; common AEs: URTI, nasopharyngitis, acne.
16 July 2026
Eastman’s Kingsport methanolysis plant hosts EPA officials
EPA leaders toured a methanolysis unit that processes >250 million lb/yr of polyester waste and reports 20–30% lower GHGs versus fossil-based plastic production.
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