Sector analysis
Middle East crisis highlights need for diversification: technology, energy and regional dynamics
The threats posed by maritime chokepoints such as the Strait of Hormuz to global trade, especially in the energy sector, are widely acknowledged among the market. Even so, roughly 25% of the world's seaborne oil trade and 20% of global LNG exports passed through the strait before the US-Israel military operation against Iran, meaning it was one of the busiest energy shipping channels in the world. The conflict served as a reminder to governments and businesses how dependency can represent a significant threat to energy security and the global economy, prompting an urgent push to reduce reliance through diversification.
In a landscape where geopolitical risks are redrawing trade flows, the growing appeal for countries outside traditional chokepoints places the Americas region in a distinctly advantageous position for buyers and investors. So far, the massive supply disruption has been offset somewhat by higher production and oil trade volumes from the Atlantic region, especially Brazil, Guyana and the US. OPEC data shows that war disruptions cut US oil imports, but American crude exports told a different story hitting a record 5.3m b/d in April as producers shifted seaborne volumes toward Asia's most exposed buyers, particularly Japan and South Korea.
Although US shale exports are set to keep growing, markets down south are rising as potential forces in the global energy mix. Lasting impacts from the Strait of Hormuz closure are set to remain in the longer term and the consequent drive for diversification opens a clear window for South America, with Brazil, Argentina, Guyana, Suriname and potentially Venezuela well placed to emerge, to varying degrees, as reliable suppliers insulated from geopolitical conflict.
As energy security becomes the most prominent element of the energy trilemma (alongside environmental sustainability and affordability), Brazil's deepwater reserves, Argentina's Vaca Muerta shale formation and emerging opportunities in Suriname and Guyana position the region to capture incremental global demand. Although crude oil from the region cannot replace all lost barrels in the short term, the quality and incremental barrels can help ease pressure on the supply side.
According to EICDataStream, production from Brazil may add 1.5m b/d of incremental crude by 2030. Guyana is expected to contribute 650,000 b/d, while Suriname is projected to add 220,000 b/d over the same period. Notable projects include three new FPSOs at Petrobras' giant Búzios pre-salt field in Brazil as well as four more of those at ExxonMobil's Stabroek block in Guyana.
Concurrently, Venezuela's potential return to global markets could become one of the most significant longterm shifts for the industry. While the country could eventually bring substantial oil volumes back to the market, rebuilding its oil sector will require major investment and several years of rehabilitation. Much of the infrastructure remains outdated and poorly maintained, meaning initial efforts will likely focus on restoring existing facilities before new investments can support production growth. As a result, any meaningful increase in output may still take 3-5 years to materialise.
Another way South America could benefit from the crisis in the Middle East is through rising commodity prices. Those tensions have inflated oil prices – from around US$60 to over US$100 – improving the economics for project advancement. One example is Petrobras' SEAP project in Northeast Brazil, which is expected to open a new gas frontier in the Sergipe-Alagoas Basin with the deployment of two FPSOs (P-81 and P-87). The stronger price environment has reportedly been a decisive factor in Petrobras' decision to sanction both units, contracted with SBM under a build-operate-transfer (BOT) model. Looking ahead, energy prices are expected to remain above pre-crisis levels, supporting investment momentum. However, these gains must be weighed against the broader macroeconomic pressures that elevated prices can unleash, particularly inflation.
On the demand side, OPEC projects global oil consumption will grow by 1.2m b/d in 2026 and a further 1.5m b/d in 2027, underpinned by an anticipated expansion of the global economy. Against this backdrop of resilient demand, the supply disruptions stemming from Middle Eastern instability have only sharpened the case for geographic diversification of oil flows. South American barrels are then well positioned to fill that role. For that potential to be fully realised, however, producers across the region must press ahead with E&P programmes to replenish reserves and lay the groundwork for sustained production growth in the years ahead.
Mariana Messere Energy Analyst (Oil & Gas), Americas mariana.messere@the-eic.com
Click here to visit EICDataStream:
Inside this issue...
Welcome to the July 2026 edition of Inside Energy.
The disruption of global trade routes is forcing governments and operators to rethink their supply chains. We see this clearly in this month's sector analysis, which looks at how the recent Middle East conflict is accelerating investment across the Americas. Countries like Brazil and Guyana are stepping up to provide the reliability the market needs right now.
Inside this edition, we also look at the technical and regulatory realities of the energy transition. SGS INSPIRE provides a clear-eyed view of Brazil's biodiesel sector, explaining why increasing blend mandates is running into feedstock limits. On the equipment side, Superheat shares how they are moving beyond basic temperature charts to give operators live, digital oversight of onsite heat treatment.
I also want to congratulate AIS on winning its seventh King's Award for Enterprise. It is a fantastic achievement that reflects the engineering quality within our network. Looking ahead, I hope to see many of you at our EIC Connect Energy Brazil event in Rio de Janeiro this August, or at the Energy Exports Conference in Aberdeen in September. Both are excellent places to find your next project partner.
Stuart Broadley CEO, EIC
DataStream
EGYPT
Nefer Menya Solar Project
Operator: Infinity Power Holding Value: US$1bn
Infinity Power Holding is partnering with Hassan Allam for the upcoming 1GW solar project which is being developed alongside a 600MWh battery energy storage system (BESS). The companies have applied for a senior secured loan to the European Bank for Reconstruction and Development.
For information on these and more than 17,000 other current and future projects we are tracking please visit EICDataStream
SOUTH KOREA
Haesong 1
Offshore Wind Farm
Operator: Copenhagen Offshore Partners Value: US$1.2bn
CIP's Haesong Offshore Wind project has signed a memorandum of understanding (MoU) with Siemens Gamesa and Doosan Enerbility, pairing Siemens Gamesa's turbine technology with Doosan's domestic manufacturing base, building on an existing collaboration.
Global opportunities
GERMANY
Emden Hydrogen Project (Clean Hydrogen Coastline)
Operator: EWE AG Value: US$450m
Bilfinger has been contracted to deliver steelwork, piping and component assembly. EWE is currently in conversation with a number of players regarding offtake agreements.
GUYANA Longtail Gas/Condensate Field
Operator: ExxonMobil Value: US$12.5bn
Saipem was awarded a US$150m Limited Notice to Proceed (LNTP) contract for Longtail's SURF EPCi work. Engineering and procurement will begin immediately. Full project execution will proceed following FID.
UAE
Ruwais Methanol Production Facility
Operator: TA'ZIZ Value: US$2bn
The JV developing the project has achieved financial close on a US$2bn financing package for the methanol plant in Al Ruwais Industrial City. The oversubscribed financing includes a five-year US$1.8bn syndicated loan and a US$200m Islamic facility supported by 11 regional and international banks.
US Commonwealth LNG Export Terminal
Operator: Commonwealth LNG Value: US$13bn
The project has reached a final investment decision (FID). The operator has secured US$9.75bn in financing for the construction work, which should begin shortly. Technip Energies will soon order major long-lead items for the project having obtained the notice to proceed regarding the EPC contract.
THE VOICE OF THE ENERGY SUPPLY CHAIN
DataStream
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SupplyMap
EICSupplyMap maps the capabilities of supply chain companies that operate across all energy industries. These industries cover renewables, oil and gas, power, nuclear and energy transition technologies like energy storage, carbon capture and hydrogen.
• Identify the supply chain local to your region, giving you the opportunity to engage with potential new clients.
• Find the supply chain capability in 16 regions, now covering the UK, France, Germany, Spain, Italy, Netherlands, Norway, UAE, Oman, Saudi Arabia, Malaysia, Singapore, Indonesia, Japan, US and Brazil
• An in-depth look at profiles of more than 11,500 energy sector supply chain companies.
• Make smarter decisions by targeting your offering to international developers/operators and contractors matching your capability with international energy projects.
RIO
DUBAI
KUALA LUMPUR
HOUSTON
BERLIN
Guest editorial
by Henry David Gomez Caicedo, Market Analyst for Latin America and the Caribbean, SGS INSPIRE
Brazil's biodiesel expansion faces major challenges as feedstock pressure from other alternative fuels competition intensifies
Energy policy ambitions meet technical and feedstock realities
After nearly two decades of steady growth supported by mandatory blending mandates and abundant agricultural resources, Brazil's biodiesel (fatty acid methyl esters, FAME) market is now facing structural challenges related to feedstock availability, technical feasibility and competition from advanced biofuels such as sustainable aviation fuel (SAF) and renewable/green diesel (hydrotreated vegetable oil, HVO).
The country increased its mandatory biodiesel blend to B15 in August 2025, reinforcing its position as the largest biodiesel market in Latin America and one of the largest globally. However, the recent postponement of the planned B16 implementation under the Fuel of the Future Law (Law No 14,993 of 2024) illustrates how future growth will increasingly depend on technical validation and supply chain sustainability rather than solely on regulatory ambition.
Law No 14,993 established a pathway towards B20 by 2030 through annual one-percentage-point increases in biodiesel blending. Nevertheless, Brazilian authorities delayed B16 to allow additional testing on engine compatibility, fuel stability, operational safety and emissions performance. According to the Ministry of Mines and Energy (MME), technical evaluations for blends above B15 should continue until at least 2027.
The decision reflects growing recognition that higher biodiesel blends require more sophisticated quality control and broader co-ordination across the fuel supply chain.
Soybean oil dependence remains the main structural limitation
Brazil's biodiesel market continues to rely heavily on soybean oil. In 2026, approximately 74% of biodiesel feedstock is expected to come from soy methyl esters, while animal fats, used cooking oil (UCO) and other vegetable oils represent smaller shares.
This concentration creates structural vulnerability. While biodiesel production capacity can expand relatively quickly through investment, feedstock supply depends on agricultural cycles, export dynamics and competition from other industries.
The market is no longer challenged by industrial capacity, but by the availability of low-carbon lipid feedstocks.
This issue becomes increasingly relevant as global demand for SAF and renewable diesel accelerates. Feedstocks such as UCO, tallow and distilled corn oil are becoming more attractive for hydroprocessed esters and fatty acids (HEFA) pathways due to their lower carbon intensity (CI) and stronger international premiums.
As a result, Brazil's biodiesel sector is beginning to compete directly with aviation decarbonisation markets.
Although Brazil is expected to produce a record soybean crop exceeding 179m tonnes in 2026, rising biodiesel demand is already reducing the availability of soybean oil exports. By 2027, approximately 7.5m tonnes of soybean oil could be directed toward biodiesel production, compared with 4.1m tonnes for food use and only 1.5m tonnes for exports.
become increasingly important
Brazil continues to modernise its regulatory framework to support higher biodiesel blends.
Brazil's National Agency of Oil, Natural Gas and Biofuels (ANP) recently updated biodiesel contamination testing methodologies and tightened diesel blend specifications, particularly for water content, acidity and cold-flow properties. These changes are essential as higher biodiesel concentrations increase sensitivity to storage, transport and operational conditions.
At the same time, Brazil's fuel quality monitoring programmes, including the Fuel Quality Monitoring Program (PMQC) biodiesel blends and the Biodiesel Quality Monitoring Program (PMQBio) for pure FAME, must be expanded significantly. Compliance levels remain acceptable, with biodiesel conformity rates exceeding 99% during early 2026.
The government is also investing in technical research. A national testing network supported by R$30m is currently evaluating blends up to B25, including physicochemical analyses, engine performance, fuel consumption and greenhouse gas emissions.
The programme demonstrates that future blend increases will depend increasingly on scientific validation rather than purely political decisions.
RenovaBio as Brazil's decarbonisation strategy
Brazil,s RenovaBio programme has consolidated itself as the most advanced market-based biofuel decarbonisation system in Latin America and the Caribbean.
Feedstock used for biodiesel production in Brazil from 2012 to 2027 (million litres/year)
Instead of relying on direct subsidies or carbon taxes, the programme uses tradable decarbonisation credits (CBIOs) linked to the lifecycle CI of biofuels. Producers with lower emissions profiles generate more credits, creating incentives for efficiency and sustainability improvements.
By April 2026, 315 biofuel plants were certified under RenovaBio and eligible to issue CBIOs. Ethanol remains dominant, but biodiesel participation (43 certified plants) continues expanding steadily.
Mandatory annual decarbonisation targets are also increasing rapidly. Brazil plans to raise annual CBIO targets from 49m in 2026 to more than 73m by 2035, while progressively reducing the CI of its fuel matrix.
Despite strong long-term fundamentals, CBIO prices weakened during 2025 and early 2026 due to policy uncertainty and delayed enforcement against non-compliant distributors. However, recent judicial decisions removing distributor exemptions should improve compliance and support market stability in the future.
Production capacity is sufficient, but feedstocks are not
Brazil currently operates 65 biodiesel plants with a total installed capacity exceeding 42,000 cubic metres per day. Biorefineries' utilisation rates remain at around 72%, suggesting sufficient industrial flexibility to support moderate increases in blending in the short term.
Nearly 30 additional biodiesel projects are expected to enter operation or expand between 2026 and 2028, potentially adding at least another 1.2bn litres of annual capacity.
Production and consumption of biodiesel in Brazil from 2013 to 2027 (million litres/year)
Still, industrial expansion alone will not solve the sector's long-term constraints.
Alternative feedstocks such as carinata, camelina and macaw palm are receiving growing attention because of their lower CI and diversification potential. However, these crops still face significant barriers to commercialisation and logistics.
Brazil also possesses significant untapped potential for UCO collection and improved animal fat recovery rates. Current UCO collection rates remain very low (3% in 2025) despite the size of the domestic food sector, with a high per-capita vegetable oil consumption (24kg per capita per year).
Feedstock diversification will therefore become essential if Brazil intends to move sustainably toward B20 or higher blends in the next decade.
Outlook: growth continues, but at a slower and more complex pace
Brazil's biodiesel market will likely continue expanding through higher mandates and rising diesel demand. Biodiesel production is expected to reach nearly 11bn litres in 2026, supported by B15 implementation and growing transportation demand.
SGS INSPIRE forecasts that diesel demand will grow between 2026 and 2040, implying that biodiesel demand will increase progressively.
Future increases beyond B15 will depend on feedstock availability, scientific validation, fuel quality management and co-ordination with competing low-carbon fuel pathways. SAF production, renewable diesel and other advanced biofuels will increasingly compete for the same lipid resources.
The country still possesses major advantages, including agricultural scale, strong industrial infrastructure and one of the world's most advanced biofuels regulatory systems. Nevertheless, future competitiveness will increasingly depend on diversification, carbon efficiency and supply chain resilience.
The era of rapid biodiesel expansion driven primarily by mandates is gradually ending. Brazil is now entering a different stage in which technical feasibility, feedstock economics and decarbonisation performance will determine the pace of growth.
SGS INSPIRE is an analytical centre and one of the world's largest digital pools of information on fuels, transportation, engines, powertrain emissions and alternative and new fuels and vehicles.
SGS INSPIRE's expertise combines policy, regulatory, technology and market analysis with the fuel quality data from the SGS Worldwide Fuel Survey.
SGS INSPIRE provides web-based subscription services, expert consulting, in-depth reports and specialised training in fuels and transportation.
SGS INSPIRE clients are leading global companies from many sectors, including oil, gas, chemicals, biofuels and automotive, feedstock producers, governments and the engines and automotive industry.
SGS INSPIRE is daily serviced by global teams in Geneva, Singapore, Madrid, London, Brussels, Cologne, Manila, Bogota and Mexico City.
Member’s news
AIS receives a seventh King's Award for Enterprise –the most prestigious business award in the UK
Gloucester headquartered AIS has been awarded a King's Award for Enterprise in the Innovation category for its cable protection system, NjordGuard. This latest honour marks the company's seventh recognition from this awarding body, acknowledging its engineering excellence and innovation in the offshore wind sector. AIS is particularly proud to receive this recognition as the King's Awards for Enterprise are the UK's most prestigious business awards, celebrating outstanding achievement across industry.
One of only 185 organisations nationally to receive the award in 2026, this recognition highlights AIS' role in developing advanced subsea solutions that improve the reliability and performance of renewable energy infrastructure.
The winning solution, NjordGuard, is designed to protect the vulnerable section of subsea power cables at offshore wind farms, critical assets responsible for transmitting electricity to shore. By safeguarding cables from excessive tension, temperature, bending and harsh seabed conditions, the system helps prevent failures that can lead to costly downtime and lost energy generation.
NjordGuard was engineered specifically for offshore wind applications. Its longer, stiffer design, enhanced thermal performance and innovative connector technology improve durability while reducing installation time, cost and environmental impact. The system can also significantly reduce or eliminate the need for seabed rock stabilisation, lowering both project costs and environmental disturbance.
NjordGuard demonstrates the success of AIS' approach of developing solutions that address critical industry challenges. As a company with multiple sites across the UK and globally, the award is particularly satisfying as it recognises the expertise and dedication of its team in Skelmersdale, UK who developed this innovative solution.
We're incredibly proud to receive a seventh King's Award for Enterprise and to be recognised for innovation. Problem solving and innovation are deeply rooted in everything we do, driving how we work with customers to overcome complex challenges. NjordGuard is the result of years of focused R&D and reflects the expertise of our teams and their commitment to delivering reliable, forward-thinking solutions that support the growth of offshore wind.
Andrew Bennion, CEO, AIS
AIS, (incorporating Covertherm, AIS Marine, Bardot, CRP Subsea, Ovun and Imenco Aqua) is an awardwinning global leader in materials science technology for the protection of critical infrastructure. It develops, manufactures and installs high performance solutions used in hazardous and highly regulated environments. Its products are trusted across mission critical energy, emerging technology, transport, marine, defence and industrial applications. AIS holds 181 granted and pending patents and over 93 active type approvals globally.
The Group operates across 14 countries and employs approximately 800 staff.
NjordGuard
Spotlight on technology
Onsite heat treatment is critical to construction, maintenance and turnaround projects, yet much of the work is still performed with limited visibility into the equipment systems that drive successful heat cycles. While temperature monitoring remains standard, it reflects only the output, not the operating conditions that determine reliability.
Superheat's SmartCenter™ facilities addresses this gap by providing centralised, real-time visibility into critical equipment diagnostics that underpin heat treatment execution. Recent SmartCenter™ upgrades expand beyond temperature control to monitor key operating parameters live, including engine speed, coolant temperature, generator wattage, injector rail pressure, voltage draw, fluid levels and battery reserve.
This level of visibility delivers 100% digital transparency into equipment system health, allowing operators to identify issues as they develop, not after a cycle is disrupted. If a parameter exceeds tolerance, SmartCenter™ automatically alerts both the panel operator and onsite technicians while triggering built-in failsafe protocols to protect personnel, equipment and project integrity.
The result is proactive diagnostics, faster decision-making and tighter co-ordination between field teams and centralised oversight, reducing risk, minimising delays and improving overall heat cycle reliability and execution.
As expectations evolve, so should how onsite heat treatment providers are evaluated. Beyond temperature charts, operators should be asking what equipment tolerances are visible in real time, what automated safeguards are in place and where systems are actively monitored and controlled. Insight into equipment health is no longer optional – it directly impacts safety, schedule certainty and project outcomes.
To learn more about Superheat’s SmartCenter™ capabilities, watch the video above and visit www.superheat.com to begin your next onsite heat treatment project.
New EIC members
NEW GLOBAL MEMBER
Access Hire
Middle East LLC
Plot (261) 598-1124
DIP Dubai Investment Park 01
Dubai 57504
Dubai
Contact Robert Carson, Managing Director
Telephone +971 4 884 1118
Email sales.uae@accesshire.ae
Web
www.accesshiremiddleeast.com
Access Hire Middle East LLC is a leading provider of specialised equipment solutions for the oil and gas, construction, events, industrial, marine and infrastructure sectors.
Established in Dubai in 2018 and part of the globally recognised Access Group founded in Australia in 2000, the company delivers equipment rental, sales, maintenance, logistics, manufacturing and technical manpower solutions.
Access Hire supports onshore and offshore operations worldwide with advanced nitrogen generation units, compressors, boosters, desiccant driers, power generation solutions and DNV-certified equipment. ISOcertified and holding a high UAE ICV rating, the company is committed to safety, reliability, innovation and delivering efficient end-to-end project solutions across diverse industries.
NEW PRIMARY MEMBER Cleanova
Ground Floor East Wing Suite
Rivergate House
Newbury Business Park
London Road
Newbury RG14 2PZ
UK
Contact Macer Braidwood, Global Market Manager
Telephone 07779 015144
Email macer.braidwood@cleanova.com
Web www.cleanova.com
Cleanova is a global industrial filtration company that designs and supplies technology to filter liquids and gases. Cleanova operates across a wide range of sectors; oil and gas, including energy transition, power generation, food and beverage, chemicals, metal and mining, marine and wastewater.
NEW PRIMARY MEMBER
Eastgate Engineering
Mercury House, Teesdale Business Park 1 Massey Road, Thornaby Stockton-On-Tees TS17 6DY
UK
Contact Mark Cruces, Business Development Manager
Telephone 01642 049723
Email mcruces@eastgateengineering.com
Web https://eastgateengineering.com/
Eastgate Engineering is an engineering and construction specialist founded in 2007, providing services throughout the UK and Ireland. Eastgate provides end-to-end services from engineering and construction through to commissioning, startup and long-term maintenance. Eastgate's specialist capabilities span electrical (HV & LV), instrumentation, mechanical, offshore wind, special systems, telecoms/data and commissioning services.
Eastgate operates in safety critical and highly technical environments and supports client's within the following markets: offshore wind; power and renewables; oil, gas and chemicals; pharmaceutical and healthcare; industrial manufacturing; mining; data centres; nuclear and defence. Eastgate has developed a strong reputation for completing large, complex, high-risk projects as a result of a 'one team' approach where the teams work together collaboratively.
NEW PRIMARY MEMBER MEGARME
Workshop 3
Workshed 150
Dubai Maritime City
Dubai
Contact
Diego Parra, Managing Partner
Telephone +9715 0557 9802
Email diego@megarme.com
Web www.megarme.com
Megarme is a specialised contractor delivering inspection, repair and maintenance (IRM) solutions across the Middle East and beyond.
With expertise in rope access, NDT, QA/QC, lifting gear inspection and load testing, Megarme supports critical assets including flare stacks, chimneys, pipe racks, boilers, silos, vessels, ships, jetties and other industrial and marine structures.
Megarme also undertakes shutdown and turnaround projects, combining more than 30 years of experience with safety, technical capability and operational excellence.
NEW PRIMARY MEMBER
RECAA Holdings Sdn Bhd
No 59, Jalan KP 4
Kawasan Perindustrian Kota Puteri
48100 Batu Arang
Selangor
Malaysia
Contact
MJ Logaa S, Managing Director
Telephone +603 4820 7159
Email mj@recaa.com
Web www.recaa.com
RECAA Holdings Sdn Bhd is a premier specialist mechanical insulation solutions provider, serving the high-stakes oil and gas and energy sectors. Backed by over 15 years of expertise and PETRONAS licensed, the company operates as a comprehensive onestop centre, functioning as both a leading material supplier and a highly skilled contractor.
RECAA provides a full spectrum of high-performance materials –including thermal, acoustic and cryogenic insulation – alongside expert installation services for onshore and offshore projects.
Committed to engineering excellence, RECAA ensures operational efficiency, safety and energy conservation through tailored, industrial-grade insulation systems.
NEW PRIMARY MEMBER
Sovereign PPG Corporate Services
Office 2601
H Hotel Office Tower 1 Sheikh Zayed Road
Dubai
Contact Pooja Nanavaty, Business Development Manager
Telephone +971 04 270 3400
Email pnanavaty@sovereigngroup.com
Web www.sovereigngroup.com
Sovereign PPG Corporate Services is part of the Sovereign Group, a leading global professional services firm established in 1987.
The group specialises in corporate structuring, business setup, corporate governance, accounting, tax, payroll, HR and PRO services. With a strong presence in the UAE and major GCC markets including Saudi Arabia, Qatar, Bahrain and Oman, as well as key international jurisdictions, Sovereign PPG supports businesses, entrepreneurs and high net worth individuals with end to end solutions across onshore, free zone and offshore structures.
The firm is recognised for its pragmatic advice, deep regulatory expertise and long term client relationships built on trust, compliance and strong commercial understanding.
Member news
Amarinth defies space constraints with technical breakthrough for major LNG expansion project
Amarinth, a world-class, net zero manufacturer of centrifugal pumps and associated equipment designed to minimise long-term operating costs with high-performance solutions across a diverse range of global markets, from onshore and offshore oil and gas industries to renewable and nuclear energy, defence, desalination and the process and industrial markets, has successfully engineered a bespoke suite of API 685 VS4 magnetic drive pumps for a high-profile LNG processing expansion in the Middle East, overcoming spatial limitations and complex maintenance hurdles to deliver a solution that reduces construction costs while ensuring zero emissions.
Renowned for its engineering agility, Amarinth was approached to solve the complex technical challenges associated with in-ground hydrocarbon and solvent drain drum tanks, where traditional pumping solutions were deemed insufficient for the project's spatial and safety requirements.
The project centred on massive inground hydrocarbon drain drum tanks some 2 metres in diameter and up to 10 metres in length. To ensure the most cost-effective fabrication, the contractor required the upstands and downstands (the vertical sections where the pumps are housed) to be as small as possible.
Minimising this footprint was critical to reducing flange loading and material costs, but it left Amarinth's engineers with very little room for error. The pumps had to be slender enough to thread through horizontal piping during installation, yet powerful enough to maintain rigorous flow duties, with impeller diameters across the different tanks ranging from 235mm to 635mm.
With very tight deadlines, Amarinth couldn't wait for the tanks to be completed to design the pumps and so worked closely with the fabricator during the tank design stages.
This project perfectly illustrates our engineering agility. By collaborating closely with the fabricator and rethinking the modularity of our API 685 VS4 magnetic drive pumps, we have designed a solution that isn't just technically superior, it's more cost-effective and easier to maintain.
Oliver Brigginshaw, Managing Director, Amarinth
Amarinth's engineering team utilised advanced computer modelling to design 5.5-metre-long API 685 magnetic drive vertical pumps that maintain a slim profile without sacrificing stability and require no external seal support system.
Key innovations include:
• Vibration control: to prevent resonance in the 5.5 metre shaft assembly, Amarinth optimised bearing spacing and design, ensuring the pumps remain within strict vibration tolerances even during the high-stress startup phase.
• Gulley sucker arrangement: unlike standard pumps that leave sediment at the tank bottom, Amarinth's unique design clears debris and dirty water from the very base of the downstand, protecting the long-term integrity of the system.
• Optimised vantage points: due to access restrictions onsite, Amarinth designed a custom baseplate that aligns all vital gauges and instrumentation within a narrow, optimised viewing angle, allowing operators to monitor performance safely from a single vantage point.
The pumps have been designed to API 685 3rd edition specifications, ensuring hermetic containment of volatile fluids and eliminating the potential of fugitive emissions associated with traditional mechanical seals.
In-ground tanks are installed at an angle, typically requiring two different pump lengths for each end. However, identical pumps were required to simplify maintenance. Amarinth's solution was a bespoke modular design that achieves complete interchangeability. This allows a single bare shaft pump to serve either position in the tank during maintenance, reducing the inventory costs and simplifying long-term servicing.
Recognising an aggressive project schedule, Amarinth will bypass traditional manufacturing bottlenecks, such as testing, using its split delivery methodology that it has developed with its supportive supply chain. Instead of waiting for the full order to be completed, where one small issue can delay everything, Amarinth will manufacture and deliver tested batches of pumps in parallel with the tank fabrication. This ensures that the moment a tank is completed, the pumps will be onsite and ready for installation.
API 685 VS4 Vertical Magnetic Pump Drives
Asset55 accelerates North American growth with major contract wins
Asset55 is pleased to announce multiple, significant new contract awards, marking a major milestone in the company's rapidly expanding presence across the North American energy market. The new contracts have been awarded by US and Canadian based companies such as Bilfinger, Formosa Plastics, Turnaround Special Forces, Precision Group and more.
These latest contract awards will see Asset55's advanced bolted joint integrity solution, Calculate, deployed across major flange management operations throughout the region, strengthening Asset55's growing North American footprint.
Enhancing operational efficiency across North America
Calculate will streamline customers' engineering processes by delivering highly accurate bolt load calculations, removing manual and timeconsuming tasks and improving data consistency across flange management operations. With greater accuracy and efficiency built into engineering workflows, North American customers will be equipped to deliver consistent, operational excellence across their flange management operations.
Supporting safety and technical assurance in a critical region
Safety remains a top priority for both Asset55 and its customers. Calculate's robust calculation engine, developed in accordance with the latest ASME PCC 1 standards, helps reduce the risk of hydrocarbon leaks and ensures improved joint integrity across critical operations. As North America continues to invest heavily in energy infrastructure, high precision software solutions like Calculate play an essential role in supporting safe, reliable operations.
Commitment to strategy and growth
Over the past year, North America has been a key strategic focus for Asset55. Increased business development efforts and attendance at strategic industry events have strengthened the company's presence in the region. One notable event was the Bolting Symposium in Houston, where Asset55's late founder, Robert Noble, was honoured with a recognition award and inducted into the Hall of Fame for his pioneering technical contributions in the bolted joint integrity space.
Through its Operations and Capital Projects divisions, Asset55 delivers execution focused software that enables improved efficiency, productivity and safety. assetfiftyfive.com/calculate/ i For more information: www.assetfiftyfive.com
Belzona appoints Bosna Petroleum Company as exclusive distributor for Libya
Belzona, a global manufacturer of repair composite materials and industrial protective coatings, has announced the appointment of Bosna Petroleum Company (BPC) as the exclusive Belzona distributor for Libya.
We are pleased to appoint BPC as Belzona's authorised distributor for Libya. Its established customer relationships and expertise in the oil and gas sector create a strong foundation for this partnership and future growth across Libya's wider industrial and commercial markets.
Barry Nisill, CEO, Belzona
Official stockholder of Belzona repair composites and coatings
BPC first began specifying and applying Belzona systems in 2023. Now operating as an official distributor with an established stockholding of Belzona products, the company is well positioned to improve product availability and reduce lead times for customers across Libya's key industries, including oil and gas, petrochemical and energy.
‘Product Plus’ enhanced service offering
The appointment of BPC as a distributor reflects Belzona's ongoing strategy to expand its global presence, providing Product Plus services across Libya. With Belzona's Product Plus approach, customers receive tailored product specifications, onsite training, ongoing technical support and aftercare to accompany their product purchase.
i For more information: www.belzona.com
Costain hits milestone with 1,625km of gas pipeline upgraded for Cadent
Costain, the infrastructure solutions company, has marked the completion of five years of its contract management organisation (CMO) contract with Cadent by delivering 1,625km of gas main line.
Cadent is one of the UK's largest gas distribution networks managing more than 131,000km of pipes and transporting gas to 11m customers. Since 2021, Costain has been tasked with upgrading more than 300km of gas mains each year in Cadent's East of England network.
As we embark to the next phase of the project, we'll be working closely with Cadent to ensure this transformative scheme continues to improve the lives of millions of people in the East of England.
Alan Cheung, Energy Sector Director, Costain
The progress, which has involved more than 230,000 reinstated excavations and 160,000m3 tonnes of backfill and top material, means that 168,000 homes have now had new gas mains and supplies installed. The upgrades support a more resilient energy network by reducing the risk of supply disruption to households and businesses in the region.
Costain has consistently ensured best-in-class results in health and safety, programme management, commercial and operational excellence and customer satisfaction scores. This strong performance led to Costain in 2024 seeing the initial fiveyear contract being extended to run to eight years, through to 2029.
Dan Colborne joins award-winning Ellis Patents team
Ellis is pleased to announce the appointment of Dan Colborne as business development manager, strengthening its support for customers across the UK.
With over 20 years of sales experience, Dan brings a proven track record of working closely with electrical contractors and project teams on major commercial and infrastructure projects. His expertise lies in building dependable partnerships and helping clients navigate tight timelines, complex specifications and the fastmoving demands of live sites.
Dan is known for his hands-on, responsive and solutions-driven approach. He is committed to adding real value at every stage of a project, from co-ordinating supply during critical phases to proactively resolving issues before they impact progress. Throughout his career, he has earned the trust of contractors, project managers and site teams by staying organised, communicating clearly and consistently delivering when it matters most.
In his new role, Dan will focus on supporting contractors to deliver key projects across the UK power industry, strengthening relationships and ensuring clients continue to benefit from the company's highperformance cable cleat solutions and technical expertise.
I’m excited to join Ellis, a company with a strong reputation for quality and reliability. I'm looking forward to working closely with customers across the UK, supporting their projects and helping deliver solutions that keep things running smoothly, even in the most demanding environments.
Dan Colborne, Business Development Manager, Ellis
Based in Rillington, North Yorkshire, UK, Ellis designs and manufactures cable cleats used worldwide to securely retain electrical cables across power generation, renewable energy, oil and gas, transport and other critical infrastructure sectors. Ellis products are engineered to deliver maximum performance, reliability and safety.
Costain has upgraded 1,625km of gas pipeline for Cadent
Dan Colborne, Business Development Manager
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Honeywell to help boost fuel production at Dangote refinery
Honeywell is providing connected services, advanced digital performance monitoring and operator training to the Dangote petroleum refinery in Lekki, Nigeria – the world’s largest single-train petroleum refinery.
Honeywell Performance+ Services will be deployed across several of the refinery's core processing units to help increase production of high-octane fuels from a variety of feedstocks to achieve maximum output. By combining advanced digital tools delivered through the Honeywell Forge platform, Dangote will be able to access realtime operational insights that identify potential issues and recommended actions to achieve optimal performance.
i
Insta Globe to support electrification of Moroccan GRP pipe factory extension
Amiblu has successfully delivered the extension of its GRP pipe production facility in Morocco, with support from Insta Globe, a global leader in industrial electrification services.
The factory has been commissioned and the initial trials are now underway.
The Amiblu factory extension will produce glass-reinforced plastic (GRP) pipe systems for drinking water, wastewater, stormwater and irrigation infrastructure in the North African markets. GRP pipes are lightweight and corrosion resistant. They offer long service life, low hydraulic losses and minimal maintenance, making them a strong alternative to steel, ductile iron, or concrete for many applications.
Amiblu's pipes are used to transport water reliably for municipal, industrial and regional infrastructure systems worldwide.
Insta Globe delivers high-quality electrification and automation solutions in demanding industrial environments worldwide, with projects spanning power plants, cruise ships, floating production units and giga-factories.
This project demonstrates Insta Globe's ability to deliver complex industrial electrification in manufacturing environments and bring production facilities online reliably and safely anywhere in the world.
Ivo Pukk, CEO, Insta Globe
The company’s strengths include scalable global delivery capacity, in-house technical training and deep expertise in instrumentation and automation.
i For more information: www.instaglobe.eu
Photo © Insta Globe Engineering
Kent awarded EPCm contract for MorGen Energy's West Wales 20MW green hydrogen plant
Kent, a leading global engineering and project delivery company at the forefront of the energy transition, has been awarded a contract by MorGen Energy to deliver engineering, procurement and construction management (EPCm) services for its West Wales 20MW green hydrogen plant located at Milford Haven.
The development is among the first electrolytic hydrogen projects in the UK to secure a production contract under the UK government's Hydrogen Production Business Model (HPBM), through the Low Carbon Contracts Company (LCCC) Hydrogen Allocation Round 1 (HAR1). It represents a key step in scaling domestic low-carbon hydrogen production in support of the UK's net zero 2050 ambitions.
Kent's comprehensive EPCm services for this project encompass FEED verification, detailed design, with Kent serving as the principal designer, strategic procurement and supplier support and end-to-end construction management. Additionally, Kent will oversee the integration of ITM's Poseidon modular electrolysers and other key equipment packages. MorGen Energy, a subsidiary of Trafigura, selected Kent following a rigorous competitive tender process, recognising the company's deep expertise in hydrogen project execution and its proven track record of seamless, integrated EPCm delivery. The project will leverage Kent's global engineering and execution excellence, drawing on resources from the company's UK head office in Woking to complement the site teams in Wales.
The project is located within the Celtic Freeport area, inside the existing oil terminal operated by Puma Energy Ltd and will produce up to 1,865 tonnes of green hydrogen per annum using 2x10MW ITM PEM electrolysers.
Hydrogen from the plant will be exported by truck in pressurised containers and via a short (4km) lowpressure pipeline to the South Hook LNG terminal. The facility benefits from established infrastructure, including storage tanks, pipeline networks connecting storage and jetty facilities and road and rail loading capabilities.
Kent's involvement in this transformative project reinforces its reputation as a trusted partner in delivering cutting-edge solutions across the energy spectrum. By supporting local initiatives and enabling sustainable energy applications, this project solidifies Kent's commitment to creating a cleaner, greener future.
This partnership represents a key step in strengthening Modutec's in-house turnkey offering, enabling the Group to support clients more effectively across the full project lifecycle.
Aberdeen-based EOS Europe has a strong track record in the energy and marine sectors, delivering critical projects for clients across the UK, US and Norway. Its specialist services include hazardous area inspections, technical auditing and inspections, project planning and management, construction and installation, testing and commissioning and ongoing maintenance support, alongside international procurement and design review capabilities.
This acquisition further strengthens Modutec's position as a fully integrated provider to the global energy and marine markets.
https://kentplc.com/
Modutec' acquisition of EOS Europe strengthens turnkey offering to energy and marine sectors
Modutec has further expanded its capabilities by acquiring a majority shareholding in EOS Europe Ltd, a specialist provider of electrical services to the energy sector.
Aberdeen-based Modutec has continued to grow strongly since joining the portfolio of investment group Envoy in 2022. The business now employs over 500 people and has an established presence in key global markets, including Abu Dhabi, Dubai, Baku, Bahrain, Qatar, Saudi Arabia and India. i
NES Fircroft accelerates digital growth through acquisition of IT specialist Halian
NES Fircroft has agreed to acquire Halian, a leading provider of technology and talent solutions.
Over the past decade, NES Fircroft has achieved significant growth through a combination of organic expansion and strategic acquisitions. It seeks out businesses that share its core values, demonstrates innovation and delivers exceptional service – organisations that can directly contribute to the company's long-term objectives.
Following the investment by Twenty20 Capital and after pursuing a successful buy and build growth strategy, Halian has earned an excellent reputation for delivering IT and digital transformation services, workforce solutions and managed services across Europe, the Middle East and the US. Its deep expertise across cyber security, infrastructure and cloud, data and AI, projects and change and software engineering significantly strengthens NES Fircroft's service portfolio and positions the group to meet growing global demand for specialist IT talent – particularly as organisations accelerate towards an AI-powered, data-driven future.
Stuart Fry, CEO of Halian, will continue to lead the business. Clients and candidates will continue to work with their existing contacts, with no disruption to services. Halian will work closely with NES Fircroft to accelerate growth and present a joint proposition to clients seeking skilled technical resources and specialist talent.
NES Fircroft (NES) is an award-winning workforce solutions specialist that provides staffing services across the oil and gas, power, renewables, construction and infrastructure, life sciences, mining and chemicals sectors.
SPP Pumps supplying fire water pump package for NZT Power
UK-based manufacturer SPP Pumps will be supplying fire water pumps to NZT Power, which aims to be the world's first gas-fired power station with carbon capture and storage.
The project award is for a large, engineered pump house. The system contains both diesel engine and electric motor driven FM approved split-case fire water pumps. The fire pump system will be completed with a secondary start system, fire suppression system, OH2 pressure maintenance pumps, local control and other relevant safety equipment.
Headquartered in Gloucestershire, UK, SPP Pumps will have 50 people working directly on the contract and the project supports the growth of its robust apprenticeship programme. SPP Pumps currently has approximately 15 apprentices with plans to recruit an additional five over the next 12 months.
NZT Power will be capable of generating up to 742MW of flexible, dispatchable low-carbon power, equivalent to the annual electricity requirements of more than one million UK homes. Up to two million tonnes of CO2 a year will be captured from NZT Power and then transported and stored by the Northern Endurance Partnership (NEP) infrastructure – the UK's first CO2 transportation and storage infrastructure project.
Technip Energies leads a consortium with GE Vernova, alongside construction partner Balfour Beatty, to deliver the engineering, procurement and construction (EPC) contract for the NZT Power and NEP Onshore Power, Capture and Compression project.
The NZT Power project is an important milestone for SPP. The opportunity to work on a prestigious CCS project provides a strong foundation for our growth in the energy transition sector in the UK and abroad.
Tom Salmon, Group Business Development Manager, SPP Pumps
SPP Pumps is a leading manufacturer of centrifugal pumps and systems. For more than 145 years, its robust, trusted engineering has provided critical performance across diverse industry applications including oil and gas, water, power generation, construction, mining and fire protection. The company's customers' pumping applications are invariably demanding – typically operating in hostile, arduous or extreme temperature environments, where quality matters. Using the most advanced computer testing, SPP Pumps designs, simulates, evaluates, refines and manufactures all products and packaged systems in the UK.
the UK. i For more information: www.spppumps.com
Veolia: water security in the oil and gas sector
Water scarcity is no longer just an environmental concern but has become a strategic risk for the oil and gas industry. Regions with limited freshwater availability are now home to some of the world's largest energy exploration and production complexes and exclusive dependence on conventional supply sources is an increasing vulnerability for operational continuity.
Offshore platforms, coastal refineries and energy industrial complexes require significant volumes of water for cooling, steam generation and reservoir injection. With intensified drought periods, regulatory restrictions on water intake and ESG pressure on operators, diversifying the water matrix is no longer optional, it has become a strategic necessity.
In this context, seawater desalination emerges as one of the most robust solutions to ensure water security in coastal and offshore operations. Today, desalination technology enables the development of reliable, scalable alternative sources that are increasingly competitive, reducing operational costs and contributing to companies' decarbonisation goals.
Securing safe and independent water sources brings concrete benefits to operations: it ensures productive continuity even in scenarios of severe water restrictions, reduces exposure to regulatory and licensing risks, decreases competition for resources with local communities and strengthens companies' ESG reputations. Additionally, predictable supply allows for more efficient operational planning, with less exposure to emergency costs and unplanned interruptions.
Designed to operate in highly demanding environments, Veolia's reverse osmosis desalination systems combine state-of-the-art membranes and integrated energy recovery to serve operations on offshore platforms and isolated coastal terminals.
In a modular format, these solutions bring together intake, pre-treatment and final polishing in compact, automated and easily installable units, ensuring continuous operation with minimal human intervention.
Veolia’s systems deliver certifiedquality process water with a reduced carbon footprint, aligning water security and decarbonisation in a single solution.
i For more information: www.watertechnologies.com
Zelim's ZOE becomes world's first fully certified man-overboard detection system
Zelim's AI-enabled ZOE man-overboard detection (MOB) system has received official ISO 21195:2020 certification from the independent classification body Lloyd's Register, following successful completion of testing.
This follows extensive sea trials on board the Ambition vessel, managed by Ambassador Cruise Line – the first time the ISO testing has been completed on a cruise vessel. The performance of ZOE was monitored while the cruise ship was underway for a continuous period of 90 days, during which the ZOE system achieved a 97% detection rate during simulated man-overboard tests, exceeding the ISO's minimum requirement.
The standard that ZOE has met – ISO 21195 – is a globally recognised benchmark, developed in collaboration between the cruise industry, the US Coast Guard and technology providers, which sets out the minimum required performance for automatic man-overboard detection systems used on passenger ships. While child detection is not a requirement as part of the ISO assessment, ZOE's certification has made it the first MOB detection system capable of detecting both adults and children using ISO 21195.
The certification of ZOE is expected to have a significant impact on the cruise industry and the maritime sector more widely, offering a reliable, proven solution to meet requirements outlined in The Cruise Vessel Security and Safety Act of 2010 (CVSSA).
Photo 2026 © Copyright Veolia
Developed by Zelim, ZOE MOB harnesses advanced computer vision and video analytics to deliver 360 degree surveillance for vessel crew. The system is trained on a proprietary maritime dataset of over 9.5m annotated objects and is designed to detect man-overboard incidents instantaneously.
This ISO award reflects Zelim's ongoing mission to make unmanned search and rescue the industry standard. Having completed all three phases of ISO 21195 testing, the company will now focus efforts on securing widespread global uptake of the ZOE technology, both in the global cruise sector and in other industries such as defence.
i For more information: www.zelim.com
Social media round up
We want to use every opportunity to connect with our members, so please follow us on LinkedIn –EIC (Energy Industries Council)
Below you’ll find a selection of some of the exciting EIC activities and useful industry information we’ve shared through our social media channels.
EIC (Energy Industries Council)
Energy Focus Summer 2026 is out now! This issue looks at the challenges facing the global energy sector: policy stability. Read this edition and previous ones here: https://lnkd.in/dkhschX
EIC (Energy Industries Council)
Stuart R Broadley FEI is joined by Amisha Patel, CEO of GOWA, to discuss the geopolitical, financial and policy challenges shaping the sector: https://lnkd.in/ePZYTp7a
EIC (Energy Industries Council)
The EIC is thrilled to announce its latest EIC Insight Report: Global Upstream! It explores key market trends, investment activity and project challenges: https://lnkd.in/eTBksbGh
Events calendar
2-3 September EIC CONNECT
EIC CONNECT Oil & Gas Asia
Kuala Lumpur
2-4 September Overseas Exhibition
Oil & Gas Asia (OGA) 2026
Kuala Lumpur Convention Centre
9 September Business Presentation
EICDataStream/AssetMap training
Online
10 September Business Presentation
EIC Breakfast in Houston
CONNECT
Brazil
EIC Houston Office with Oceaneering and Baker Hughes
16 September Business Presentation
North America EICDataStream
21-24 September Overseas Exhibition
ROG.e 2026
Riocentro, Rio de Janeiro, Brazil
22 September EIC CONNECT
EIC CONNECT UAE
Radisson Blu Hotel & Resort, Abu Dhabi Corniche
22 September Business Presentation
EIC Breakfast at WindEnergy Hamburg Hamburg, Germany
22-25 September Overseas Exhibition
WindEnergy Hamburg 2026 Hamburg, Germany
23 September Business Presentation
EICDataStream/AssetMap training
ENERGY SECURITY EDITION WEDNESDAY 2 THURSDAY 3 SEPTEMBER
INTERNATIONAL TRADE
UK & EIC PAVILIONS AND DELEGATIONS
As we look further ahead in 2026 and into 2027, we look forward to a year filled with new business opportunities across all energy sectors globally.
The International Trade team has an exciting lineup of world-class energy exhibitions and delegations to support your company’s export journeys in oil, gas and renewables. Now is the time to refine your strategy and showcase your innovations on the global stage with the EIC in 2026 and 2027. We’d love to hear from you.
If you are interested in exhibiting as part of the UK and EIC pavilions and joining trade delegations, need more information, or are ready to secure your place, don't hesitate to reach out to our team. Send us an email at internationaltrade@the-eic.com to start the conversation.
Camilla Tew, Director, International Trade camilla.tew@the-eic.com
UK news
EIC UK events
Preparations are well underway for the UK edition of the World Energy Supply Chain Awards (WESCAs), following the completion of this year's Survive and Thrive interviews.
We were delighted to see strong engagement from the UK energy supply chain, with 56 member companies participating and contributing to more than 140 success stories shared worldwide. Participants openly discussed both their achievements and the challenges facing the industry.
The Survive and Thrive programme continues to provide valuable insight into the resilience, innovation and adaptability of the UK supply chain, while helping identify the organisations and individuals driving progress across the energy sector. Submissions are now being finalised ahead of judging, with our panel preparing to review another outstanding year of entries.
Taking place on Thursday 29 October at the Marriott Grosvenor Square in London, the WESCAs will welcome over 430 industry leaders to celebrate the very best of the UK energy supply chain. The event remains one of the most anticipated evenings in the industry calendar, bringing together operators, contractors, manufacturers and service companies from across the sector.
We are pleased to announce our first confirmed event partners, including Fibron as Champagne Partner, SPP Pumps sponsoring the People and Culture Award and Roxtec as sponsor of the Networking Drinks Reception.
There are still a number of profile-raising opportunities available, including Headline Partner, Photobooth Partner and several award category sponsorships.
For sponsorship opportunities or information on our regional WESCAs, please contact: eventsuk@the-eic.com
Other key event dates for your diary
EIC Members Update 9 July 2026
EIC Office, London
Join fellow EIC members for a free-to-attend networking and market intelligence session exploring the latest developments across the global energy sector, including hydrogen, carbon capture and offshore wind.
Find out more and book here:
ENERGY EXPORTS CONFERENCE 2026
P& J LIVE ABERDEEN ENERGY
2-4 September 2026
P&J Live, Aberdeen
The EIC's flagship Energy Exports Conference (EEC) returns to Aberdeen for a special Energy Security Edition, delivered in partnership with strategic event partner Bureau Veritas.
Bringing together international delegations, operators and industry leaders, EEC offers three days of exhibition, conference sessions, networking, a gala dinner and golf day focused on global energy projects, export opportunities and energy security.
With over 1,000 delegates expected, EEC provides unrivalled access to project decision-makers from around the world.
Book your place now and join us in Aberdeen this September: www.the-eic.com/EEC
Kim Stephen Regional Director, UK kim.stephen@the-eic.com
Middle East news
Regional update
As we enter into the second half of the year, we hope the coming months bring a period of continued stability and increasing business activity across the region. While the market environment remains fluid, there continues to be a strong sense of resilience and cautious optimism across the energy sector.
With physical events now firmly back in play, I would like to thank everyone who has taken the time to attend our recent events across the UAE, Oman and KSA. The level of engagement and openness during discussions around market uncertainty, project activity and regional outlook has once again reinforced the value of coming together as an industry. We look forward to delivering an equally strong programme of events in the months ahead.
Our summer programme continues with our upcoming Africa and GCC Market Update webinars, designed to keep members informed on the latest market trends, developments and opportunities across both regions.
We are also pleased to announce that the 10th edition of our Survive & Thrive Report will be published this month. Once again, it was a privilege to interview a number of our members and hear first hand the stories of resilience, adaptability and innovation shaping the sector today. We look forward to recognising these achievements at our World Energy Supply Chain Awards (WESCAs), with winners to be announced in Dubai on 22 October. Thank you to everyone who participated and best of luck to all this year's finalists.
I also look forward to returning to Aberdeen for the Energy Exports Conference (EEC), taking place from 2-3 September. The conference continues to provide an important platform for companies looking to expand internationally and connect with stakeholders from across the global energy value chain.
ADIPEC 2026 is now only a few months away and is already shaping up to be another landmark event for the industry, with growing focus on the UAE's evolving role post-OPEC and the wider future of regional energy investment. Our ADIPEC Networking Breakfast and inaugural Golf Day are already seeing strong demand, with limited places remaining. ADIPEC promises once again to deliver unmatched opportunities for those in attendance.
On behalf of all of us at the EIC, we wish you a restful and enjoyable summer. We look forward to reconnecting with you in the months ahead as we continue supporting your growth and engagement across the global energy sectors.
Ryan McPherson
Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com
Regional news
Wood strengthens Saudi Aramco partnership with new five-year agreement
Wood has secured a new five-year long-term agreement (LTA) with Saudi Aramco to support the delivery of future capital projects across Saudi Arabia. The agreement covers a broad range of sectors including oil and gas, refining, petrochemicals and low-carbon hydrogen, further reinforcing Wood's long-standing position within the Kingdom's evolving energy landscape. The deal reflects continued momentum behind Saudi Arabia's wider investment and industrial diversification plans, while also highlighting ongoing demand for engineering, project delivery and technical support services as operators continue progressing major in-Kingdom developments despite broader regional uncertainty.
Major Western Desert discovery reinforces Egypt's growing energy momentum
Egypt has announced its largest Western Desert oil and gas discovery in 15 years, highlighting renewed momentum across the country's upstream sector. The discovery, made by Agiba Petroleum, a joint venture between EGPC and Eni, is estimated to contain around 70m barrels of oil equivalent, including 330bn cubic feet of gas. Importantly, the find is located close to existing infrastructure, allowing for faster and lower-cost development. The announcement further strengthens Egypt's position as a key regional energy hub and is expected to support future investment and wider supply chain activity across North Africa.
Ryan McPherson
Radisson Blu Hotel Abu Dhabi
Asia Pacific news
Regional update
As we celebrated International Labour Day in May, it is fitting to pay tribute to the dedicated workforce across the energy industry who play a vital role in every segment of the value chain. From exploration and production to transportation, distribution and emerging energy technologies, their commitment, expertise and resilience ensures that energy is delivered safely, efficiently and reliably to communities and industries around the world. Their contributions remain fundamental to powering economies, supporting livelihoods and driving progress across nations.
The journey begins with EIC Connect OGA 2026 in September, where EIC is proud to serve as the conference partner for Oil & Gas Asia 2026, further strengthening our role in facilitating industry dialogue and business engagement.
For EIC APAC, May was an active and productive month marked by our participation in several key industry events across the region. We began the month at the 11th LNG Supply, Transport and Storage Summit, held from 5-8 May on the beautiful island of Bali, Indonesia, where industry leaders gathered to discuss developments and opportunities across the LNG value chain.
This was followed by our involvement in the Indonesia Decommissioning Conference & Exhibition 2026 in Jakarta from 7-8 May, providing an important platform to address the growing focus on decommissioning strategies, regulatory frameworks and industry best practices.
Our engagement in Indonesia continued with the launch of our first-ever EIC Business Lounge during the 50th Indonesia Petroleum Association (IPA) Convention & Exhibition, held in Jakarta from 20-22 May. The Business Lounge served as a dedicated space for EIC members, partners and industry stakeholders to connect, exchange insights and strengthen business relationships.
Rounding off the month, EIC APAC was proud to be a supporting partner of the Energy Gas Renewable Summit in Kuala Lumpur, reinforcing our commitment to facilitating industry dialogue and collaboration across conventional and renewable energy sectors.
These engagements reflect EIC APAC's continued efforts to support our members, strengthen regional networks and promote opportunities across the evolving energy landscape in Asia Pacific.
EIC Connect has long been a flagship brand across the global EIC network, providing a platform that brings together industry leaders, policymakers, operators, contractors and technology providers to foster collaboration and unlock new business opportunities.
Building on this strong foundation, EIC APAC has established an ambitious roadmap for the next 12 months, with four major EIC Connect programmes planned across the region.
This will be followed by EIC Connect Indonesia in November in Jakarta, bringing together key stakeholders from one of Southeast Asia's most dynamic energy markets. In December, we will expand our reach into East Asia with EIC Connect China in Shanghai, creating opportunities for regional and international companies to engage with China's evolving energy landscape.
The highlight of this regional series will be EIC Connect Energy Borneo 2027, taking place in February 2027 in Kuching, Sarawak. As EIC APAC’s premier regional event, EIC Connect Energy Borneo is envisioned as a leading platform for advancing discussions on energy security, industrial development, investment opportunities and the energy transition across Borneo, ASEAN and beyond.
Syed Saggaf Regional Director, Asia Pacific syed.saggaf@the-eic.com
Syed Saggaf
North and Central America news
Regional update
We were delighted to host our annual OTC Breakfast in Houston on 4 May 2026, bringing together industry leaders and delegates from across the offshore energy sector for a morning of insightful discussions and valuable networking opportunities to kick-off OTC 2026. The event highlighted the growing momentum in the offshore oil and gas market, with EICDataStream projecting US$870bn in global CAPEX across 688 projects, including 148 currently at the FID stage, reinforcing the importance of key markets such as Brazil, Guyana and the US in shaping the sector's future.
The panel discussion explored the evolving landscape of offshore oil and gas, emphasising that opportunities are becoming increasingly region and project-specific. Speakers also highlighted how technology continues to reshape project delivery, while acknowledging the challenges of aligning expectations with operational realities. Sustainability was identified as a key driver of industry development rather than a constraint, alongside ongoing execution challenges including rising costs, workforce pressures, regulatory complexity and the growing need for supply chain visibility and collaboration across the value chain.
The overarching message throughout the event was clear: success in offshore oil and gas will depend on holistic thinking, strategic collaboration and disciplined execution.
A special thank you to our featured speakers, pictured, left to right: Omar DeAndrade, Technical Engineering Manager, Industrial and Generation, US + LATAM, AECOM; Carlos Chiquillo MBA, PMP, Director of Business Development, KBR, Inc; Cobie Loper, SVP Operators and Geographical Sales, NOV; and Edward Hernandez, Head of Country, US, Genesis, a Technip Energies company, for sharing their expertise and perspectives with attendees. The EIC would also like to thank all delegates who contributed to such engaging discussions.
In addition to the EIC's own OTC breakfast and pavilion, the wider team had the opportunity to attend a variety of external events being held throughout the week and engage with exhibiting companies and attending delegates alike.
Amanda Duhon
VP & Regional Director, North & Central America amanda.duhon@the-eic.com
Regional news
US fast-tracks funding for nuclear reactors
The country's Department of Energy awarded US$94m to eight companies under the Generation III+ SMR Program, targeting bottlenecks in permitting, supply chain and manufacturing. The largest funding shares will help major utilities secure federal site approvals for new commercial reactors. The remaining investment expands domestic manufacturing of critical infrastructure, including reactor vessels, fuel rods and large-scale forgings. By addressing both regulatory and supply chain hurdles, the programme positions light-water SMRs as the primary clean energy solution for the 2030s, helping utilities secure firm baseload capacity to meet rising data centre demand.
Natural gas infrastructure receives expansion plan
Mexico's president announced a gas infrastructure expansion plan to be implemented in phases through to 2030. Valued at MX$140bn (US$8.1bn), this structural masterplan is aimed at supporting 13 new thermoelectric plants and cutting Mexico's critical 75% dependence on US fuel imports. By shifting from immediate opportunities to long-term infrastructure execution, the project focuses on constructing pipelines and strategic domestic storage facilities.
Forthcoming events
Please go to page 24 to see upcoming events around the world
Amanda Duhon
South America news
Regional update
Big events are approaching.
On 7 July, Breakfast in Rio with Seatrium will bring together key players from the industry for a morning of strategic discussions focused on the evolving Brazilian oil and gas landscape. The event will serve as a platform to exchange insights, strengthen connections and explore upcoming projects and business opportunities across the sector.
On 13 August, the 2026 edition of EIC Connect Energy Brazil already has an amazing agenda of speakers confirmed from companies such as Petrobras, SBM, Modec and Yinson. The event is designed to foster networking and generate new business opportunities across both traditional sectors – E&P, subsea and gas – and fast-growing areas such as biofuels, hydrogen, CCS and data centres. EIC will also be hosting the UK Pavilion at ROG.e 2026, taking place on 21-24 September in Rio de Janeiro, Brazil. ROG.e has established itself as the leading business and knowledge-sharing platform for the oil and gas industry in Latin America. We invite you to be part of this year's exhibition and join industry leaders in shaping the next chapter of the energy sector.
Regional news
Integrated shale expansion targets export growth
YPF, Argentina's largest energy company, has submitted a US$25bn investment proposal under the country's RIGI incentive regime to accelerate oil exports from the Vaca Muerta shale formation.
The initiative, known as LLL Oil, encompasses a longterm integrated development programme spanning multiple blocks and shared infrastructure across the basin. The scheme includes the drilling of more than 1,150 wells over 15 years, targeting production of around 240,000 bpd from 2032.
Crude volumes will be exported through the VMOS pipeline system, while associated gas production will supply the domestic market.
A record number of speakers marked the May edition of EIC's Breakfast in Rio: Offshore & Subsea Opportunities with Foresea, NOV and DOF, pictured above. Foresea shared details of its recent contracts with Petrobras, including Norbe IX and DN, the latter to operate in the Mero field for 1,443 days starting in 2027, totalling approximately US$882m in backlog. NOV presented ambitious plans for its subsea flexible pipe factory in Porto do Açu, where a US$200m investment over the next three years will practically double the current production capacity of 220km/year. DOF shared its accelerated expansion in Brazil, with recent contracts that include three subsea inspection projects for Petrobras, in addition to chartering contracts, totalling approximately US$590m in new business.
Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com
Upcoming transmission auction to drive grid expansion
Regulatory preparations are advancing for Brazil's upcoming transmission auction to be held in October, which is expected to play a key role in supporting the country's energy transition. The bidding round will offer nine lots covering more than 2,000km of high-voltage transmission lines and additional transformer capacity across 13 states. The projects are expected to attract around R$11.3bn (US$2bn) in investments and are aimed at easing grid constraints and reducing curtailment risks linked to the rapid expansion of wind and solar generation.
membership@the-eic.com
Keeping you up to date with energy news from around the world
Clarisse Rocha
