Inside Energy March 2026

Sector analysis

AssetMap

From build-out to integration: Europe's solar market at a turning point

Solar power has become the fastest-growing energy source in Europe in recent years in a move to meet decarbonisation targets. Initiatives such as REPowerEU, launched by the European Union in 2022, have contributed significantly to the solar boom across Europe, with a commitment of €26bn in investments for solar projects by 2027. As solar power is expected to become part of the EU's mainstream energy system, the European Commission has set the target of reaching 600GW of installed solar photovoltaic capacity.

The growth in installed capacity over the past five years is largely driven by solar energy policies of most European countries. Europe's installed solar capacity more than tripled between 2020 and 2025, rising from around 137GW in 2020 to approximately 406GW in 2025. According to EICAssetMap data, the expansion of solar capacity over the past five years, led by markets such as Spain (15.8GW), Germany (3.6GW), England (2.75GW), Poland (1.8GW) and Turkey (1.3GW), has been a key driver of the solar boom in Europe.

The sharp decline in the price of solar panels, inverters, mounting structures and EPC costs, combined with an extremely competitive LCOE (levelised cost of electricity), has turned solar power into an efficient and economical option, reducing risks, lead times and investor uncertainty. In addition, solar parks are fast to build, modular and scalable, financially predictable and characterised by low technological risk, all ideal features for meeting climate targets. As a result, solar farms have become the fastest and cheapest way to add new capacity to the European power system.

While Europe has largely solved the problem of how to build solar cheaply and at scale, it is now facing a far more complex challenge: how to integrate this capacity into a power system that was never designed for such a rapid and decentralised expansion.

What is currently perceived as a constraint in Europe's solar expansion is rapidly becoming one of the most attractive new investment frontiers of the energy transition. Grid congestion, curtailment and increasing price volatility are no longer marginal issues, but structural features of a power system absorbing record volumes of low-marginalcost solar generation. As a result, value creation in the sector is shifting away from pure capacity additions towards flexibility, system integration and optimisation.

The major challenge facing the solar sector is grid integration. The European power system, originally designed to accommodate centralised and predictable generation, now must deal with a rapidly growing fleet of solar farms whose output is intermittent, with production peaks in the middle of the day, often located in regions where the grid is weaker (rural and inland areas). This means that generation capacity is expanding faster than the system's ability to absorb it.

This shift is already reshaping investment strategies across the market. Battery energy storage systems (BESS), hybrid power plants and grid-oriented solutions are moving from optional add-ons to core components of project design. Rather than simply maximising installed capacity, developers and investors are increasingly focused on maximising captured value per megawatt-hour. A concrete example of how the European solar sector is adapting to grid integration challenges is the Ammerland Solar Park in Lower Saxony, Germany. The asset combines 8.2MWp of solar generation with a co-located 3.2MW battery energy storage system, allowing surplus electricity produced during peak solar hours to be stored and

dispatched later when the system needs it most. The asset provides balancing services to the grid, helping to smooth production peaks, reduce curtailment and improve overall system stability.

In this new phase of the European solar market, the key question is no longer how fast new capacity can be built, but how efficiently it can be integrated, dispatched and monetised within a constrained and increasingly volatile power system.

Eduardo Fantini

OPEX and Decommissioning Intern, EIC South America eduardo.fantini@the-eic.com

Inside this issue...

March brings our Bankable Energies conference on 17 March 2026 at the Hilton London Bankside. With the race to accelerate clean energy deployment intensifying, this event gathers over 200 attendees and dozens of expert speakers. Together, we will tackle one of the sector's most urgent challenges: how to move from concept to final investment decision (FID) and make low-carbon projects truly investable.

For the last few months, we have been building a powerful new podcast series, under the general header of EIC Podcasts. We have five podcast shows in the series that provide unique opportunities for our members to promote the amazing work they are doing and to use this exciting and powerful new channel to reach a target audience. Visit: https://eic-live-portal.azurewebsites.net/MediaCentre/Podcasts

This month's sector analysis looks at Europe's solar market. As installed capacity expands, the focus is shifting from pure capacity additions towards grid integration and energy storage. Complementing this, our guest editorial from AVEVA's Gary Wong looks at data maturity. He explains why building a unified data foundation is the first step before the industry can leverage AI for a resilient energy future.

Our spotlight on technology section is dedicated to showing how members apply new methods to solve practical industry challenges. In this edition, we feature Superheat's SmartWay™ process. I encourage you to read this piece to see how advanced onsite heat treatment technology can turn unexpected project delays into measurable savings. We also cover member news, such as the launch of INTEGRA Technologies UK by Flexitallic to provide end-to-end joint integrity services.

Finally, our commitment to supporting your export strategies continues as the EIC leads the UK pavilion at WIND EXPO Japan in Tokyo from 17-19 March. Alongside the latest regional market intelligence – including PTTEP taking FID on the SK405B project in Malaysia – this edition delivers the insights needed to navigate the energy landscape.

I hope you enjoy reading this issue.

Stuart Broadley CEO, EIC

DataStream

BRUNEI DARUSSALAM

Pulau Muara Besar Refinery & Petrochemical Complex – Phase 2

Operator: Hengyi Industries Sdn Bhd Value: US$9bn

The operator has secured tax incentives from the local authorities and financing from lenders for the project. The plant capacity has also been adjusted to 12 mtpa from an earlier plan of 14 mtpa.

For information on these and more than 16,000 other current and future projects we are tracking please visit EICDataStream

SAUDI ARABIA

Yanbu Green Hydrogen Hub Phase 1

Operator: ACWA Power Value: US$5bn

Topsoe has been selected to provide its ammonia synthesis technology for the project which could potentially reach FID in 2026. The company will provide its dynamic ammonia systems which allow production to respond to variations in renewable energy supply.

Global opportunities

CHILE

Luz del Norte Battery Energy Storage System

Operator: Toesca Value: US$150m

Toesca has secured financing for the construction of the battery energy storage project and the refinancing of the co-located solar plant. Funding was arranged with SMBC and Natixis, with DNV acting as market consultant.

GERMANY Staudinger CCGT Power Plant

Operator: Uniper Value: US$500m

Uniper and TenneT have unveiled plans for the construction of a new CCGT power plant expected to be also hydrogen-ready as part of transformation at the Staudinger site.

SINGAPORE

Jurong Island EtJ SAF Plant

Operator: Keppel Corporation Value: US$100m

Keppel and Aster have entered into an agreement to jointly develop an ethanol-to-jet (EtJ) SAF plant on Jurong Island, Singapore. It is expected to have a production capacity of 100,000 tpa of SAF which is still subject to FID and regulatory approvals.

SWITZERLAND

Basel-Zurich CO 2 Pipeline

Operator: CO2 Pipeline Schweiz AG Value: US$250m

Penspen has been awarded the preFEED contract for the project. It will cover the technical design of the pipeline as well as intermediate valve stations, compressor stations and supporting infrastructure. It will also provide routing support, site selection input, support to the economic evaluation and guidance on regulatory and standards alignment.

THE VOICE OF THE ENERGY SUPPLY CHAIN

DataStream

Are you up to date on the latest project developments in the energy market? The EIC’s leading market intelligence database – EICDataStream – contains information on energy projects and associated contracting activity from the inception stage all the way through to construction and commissioning.

• Access details on over 16,000 CAPEX projects across all energy sectors

• Identify business opportunities and inform your business development strategies

• Explore a truly global database, updated daily by an international team of analysts

• Stay up to date with project developments, including information on tenders and awards

• Get insights into what your existing clients are doing and identify potential new clients

• Have a direct interface with analysts for local knowledge and insights

• Access insight and country reports with in-depth data on specific sectors and markets

NEW COUNTRIES ADDED

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 12 regions, now covering the UK, Germany, Spain, Italy, UAE, Oman, Saudi Arabia, Malaysia, Singapore, Indonesia, US and Brazil.

• An in-depth look at profiles of more than 10,000 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 Gary Wong, Global Segment Leader of Power, Utilities, and Infrastructure, AVEVA

The data foundation for an AI ready, resilient energy future

Around the world, power and utilities leaders are facing the same fundamental challenge: how to deliver reliable, affordable and low carbon energy amid surging demand, aging infrastructure and increasing operational complexity. In working with utilities across diverse markets, I've found that one factor consistently differentiates those making meaningful progress from those struggling to scale transformation: the quality, accessibility and trustworthiness of their data.

Events like DISTRIBUTECH reinforce what many of us already see daily in the field – the shift from reactive operations toward proactive, intelligence driven grid management. But the momentum goes far beyond any single conference. It reflects a structural change in how utilities think about resilience, planning and the role of advanced analytics and AI.

Data maturity: the prerequisite for predictive operations

Utilities are increasingly embracing predictive strategies powered by high resolution operational data, digital twins and machine learning. SDG&E's evolution in system protection is a compelling example: by integrating time series data and digital modelling, their teams can anticipate disruptions rather than respond to them after the fact.

This shift aligns directly with 2026 CAPEX priorities, including grid automation, asset modernisation and investments in digital infrastructure. These initiatives only succeed when the organisation builds a strong, unified data foundation across OT, IT and engineering systems.

Managing load growth with data driven planning

Electrification and digitalisation are driving an unprecedented rise in electricity demand – from AI data centres to industrial growth to accelerating DER adoption. Leaders like the GridWise Alliance emphasise that data driven planning is now essential for assessing emerging load patterns and responding to policy and market forces.

This is tightly connected to 2026 OPEX priorities, where utilities seek to improve efficiency, extend asset life and empower a more dynamic workforce – all of which require consistent, contextualised data.

The data – AI connection: why AI succeeds only when data is ready

Many utilities are piloting AI for outage prediction, asset health and operational optimisation. Yet the biggest barrier to scale is not the algorithms – it's data quality and context required. AI relies on accurate, governed and contextualised information. Without that, models drift, insights become unreliable and adoption stalls.

Utilities that excel in AI readiness share three characteristics:

1. Unified data environments linking operational, engineering and enterprise systems.

2. Strong governance frameworks that ensure quality and cyber secure access.

3. Contextualisation understanding how assets, processes and real time conditions relate.

For example, NREL's eGridGPT project uses AVEVA PI System, AI and digital twin technology to improve grid management and renewable integration. By leveraging AI analytics on unified data, NREL helps utilities predict loads, optimise energy resources and address grid challenges more effectively. These efforts show how reliable AI can boost efficiency, enable widespread adoption of renewables and strengthen energy system resilience in a rapidly changing market.

While the future potential of AI is exciting, many companies still undervalue the significant benefits to be realised with enhanced data management and improved access to reliable, contextual data today.

The work of organisations like CAISO illustrates how critical data is to resilient energy supply. Through disciplined forecasting and analytics, they integrate rooftop solar, storage and demand response into real time grid operations while maintaining real time grid operations while maintaining system reliability.

In Brazil, ONS demonstrates how real time monitoring and automated dispatch can reduce losses and improve grid efficiency, highlighting the universal value of robust data foundations. For instance, in 2024, they realised US$11.4m in cost savings due to improved energy efficiency and reduced reliance on fossil fuels.

These examples show that a solid data foundation drives both immediate improvements and long-term flexibility. Just as you need to walk before you can run, utilities must build strong, contextual data foundations before AI can truly accelerate performance.

the control room

Today's resilience strategy spans everything from climate driven events to supply driven events to supply chain fragility. Germany's Vulcan Energy Resources, for example, is using secure data sharing to strengthen the reliability of critical mineral supply – a reminder that resilience is both operational and structural.

Situational awareness plays a central role as well. With rising DER penetration, prosumer activity and climate volatility, utilities need a real time, unified operational picture to share and use data with stakeholders in order to anticipate time, unified operational picture to anticipate risks and mitigate issues before they escalate.

A practical path forward for utilities in 2026

Based on global engagements, I see four priorities that consistently drive impact:

1. Invest in the data foundation before scaling AI.

AI needs context and cannot compensate for fragmented or poor quality data.

2. Unify OT, IT and engineering information.

Crossfunctional visibility strengthens both planning, operations and maintenance. Functional visibility strengthens both planning and operations.

3. Focus analytics and AI on high value, near value, near term use cases.

4. Adapt best practices to your context.

Utilities like SDG&E, CAISO and ONS offer strong models, but each organisation must tailor its journey to local regulatory, climatic and operational realities.

Building the AI ready utility starts with data

The industry is at an inflection point. The tools to strengthen resilience, accelerate decarbonisation and empower operators already exist – but their value depends entirely on the data foundation beneath them.

Utilities that build this foundation now will be positioned to lead: more agile in their operations, more confident in their planning and more prepared for a future shaped by AI, DER growth and rapid electrification.

For those shaping the next chapter of the energy transition, the message is clear:

Start with the data.

Everything else –AI, resilience, efficiency, modernisation –flows from there.

Gary Wong, Global Segment Leader of Power, Utilities, and Infrastructure, AVEVA

Member’s news

Flexitallic has launched INTEGRA Technologies UK as its dedicated field service and maintenance division, completing its transition to a full end-to-end joint integrity provider.

The move combines Flexitallic's sealing design and manufacturing expertise, its cloud-based joint management platform, Flexlogics® – which delivers full joint traceability by unifying calculations, training, asset management and workflows – with onsite engineering support, as part of a single integrated solution.

Backed by more than 30 years of bolted joint integrity experience across North America, INTEGRA Technologies UK will support multiple sectors, delivering specialised onsite bolting, machining, integrity testing and emissionsreduction solutions for high-risk, highvalue industrial assets.

It has created a dedicated operational area at Flexitallic UK's Ellesmere Port facility. The company has already invested £750,000 in bolt tensioning and torquing tooling and is recruiting a specialist engineering team.

Initial services include site and joint inspection, integrity management, bolt tensioning and torquing, with other services to follow, including flange facing and pipe cutting.

Bolted joint failure risk environmental harm, production losses and unplanned shutdowns. INTEGRA's total joint integrity approach ensures joints are correctly engineered, accurately installed and maintained to perform effectively for their full operational lifetime.

It also supports maintenance, shutdowns, turnarounds and emergency call outs.

INTEGRA’s expertise, combined with Flexitallic's global engineering capability, will support industries including chemical processing, oil and gas, petrochemicals, refining, LNG, hydrogen, fuel cells, power generation, nuclear, aviation, transportation and aerospace.

Bringing 30 years of experience into this new site strengthens our ability to deliver best-in-class flange inspection and joint management services. Being closer to our customers means better turnaround times and greater peace of mind on critical operations.

Chuck Overby, President, INTEGRA Technologies

David Liddle, left, INTEGRA's UK Sales Manager with Sam Frank, Joint

and torquing tooling the company has invested in

Spotlight on technology

During a major LNG project on Canada's West Coast, unexpected delays and challenging conditions threatened to extend project timelines and increase costs for Superheat's client. In the newest episode of the Innovation in Action video series, hear from Superheat's Phil Tetzlaff, VP – Western Canada, on how leveraging Superheat's SmartWay™ process, including the SmartCenter™ and field innovations like MagneMat™, their team saved 18,000 project hours, equivalent to US$1.3m, while maintaining zero lost time incidents.

This episode highlights how technology, process and safetydriven innovation come together to deliver better, safer, faster and more cost-effective onsite heat treatment.

Watch to see how SmartWay™ turns complex challenges into measurable results.

To begin your next onsite heat treatment project, send Superheat a message through its Contact Us page today: www.superheat.com/contactus/

Superheat is a global leader in onsite industrial heat treatment, delivering safe, reliable and advanced solutions for critical welding and fabrication activities.

Superheat specialises in weld preheating, post weld heat treatment and advanced induction heating, supported by experienced field crews, purpose-built equipment and proprietary digital technologies.

By combining technical expertise with real-time monitoring, data-driven reporting and a strong safety culture, Superheat helps customers improve weld quality, reduce risk and execute complex projects with confidence across the energy, industrial and infrastructure markets.

New EIC members

NEW PRIMARY MEMBER

Aapex Wealth Management

Sharjah Business Centre

Sharjah Media City

Sharjah UAE

Contact Stacey Wareing, Director/Financial Advisor

Telephone 00447 9220 95937 00971 5079 22204

Email stacey.wareing@ aapexwealth.com

Web aapexwealth-management.com

Aapex Wealth Management provides tax efficient advice to expats across the region and is a one stop shop for all financial needs. The company doesn't just manage wealth, it empowers clients to achieve their financial dreams with confidence.

Most expats have no idea how much money they're leaving on the table. They work hard, earn well, but their finances never quite match their effort.

Why? Because most advice is generic. Box-ticking. Not built for their lives or tax situation. That's where Aapex Wealth Management comes in. It doesn't just move your money around. It shows you how to keep more of it.

NEW PRIMARY MEMBER

Connectwell

B4, Phase 2

MIDC, Dombivli (E) Maharashtra India 421204

Contact

Gurpreet Singh, Vice President – META Region

Telephone +971 50 4680115

Email

gurpreet@connectwell.com

Web

www.connectwell.com

Connectwell is a global leader in the field of connectivity and automation technology. For more than four decades, Connectwell products have been used in some of the harshest environments and in the most demanding applications.

Multiple international product certifications, backed by the most stringent quality standards, ensure that the company's products are accepted in more than 80 countries worldwide and in thousands of projects across different industries.

With a world class manufacturing infrastructure and a passionate team of professionals, Connectwell today is a synonym for... The Right Connection.

NEW KUALA LUMPUR NETWORKING MEMBER

Desa 7 Resources (M) Sdn Bhd

8790 1st Floor Jalan Siantan 1 Bandar Baru Bukit Mentok 24000 Kemaman Terengganu

Malaysia

Contact Syamil Arib Bin Safrudin, Director & General Manager

Telephone +609 8594193 +6013 4311682

Email enquiry@ds7r.com aimisyairah@ds7r.com

Web www.desa7resources.com

Desa 7 Resources (M) Sdn Bhd (Ds7) is a Malaysia-based inspection and services company specialising in tubular inspection and maintenance services for the oil and gas industry.

Established in 2009, DS7 operates with a clear vision to be a leading oil and gas inspection services provider. The company is certified to ISO 9001, ISO45001 and ISO/TS 29001, holds protected intellectual property and has been recognised as 2019 Top Malaysian Fast-Moving Companies and High-Performing Entrepreneur Award in 2025, reflecting its strong performance and operational excellence.

DS7 provides a comprehensive range of services including drill string equipment inspection, lifting inspection, non-destructive testing, and rig components inspection across Malaysia and Singapore.

NEW KUALA LUMPUR NETWORKING MEMBER

Flovaco Sdn Bhd

No 23, Jalan Inovasi 3 Taman Perdagangan Elmina 47000 Sungai Buloh Selangor Malaysia

Contact Hafiq Azali, Business Director

Telephone +603 6193 0383 +6014 300 2019

Email hafiq@flovaco.com.my

Web www.flovaco.com.my

Flovaco Sdn Bhd specialises in supply, installation, testing and maintenance of automatic control valves and technologies in multiple markets, serving oil and gas onshore/offshore fire protection systems including oil platforms, FPSOs, refineries, chemical storage facilities, waterworks, industrial and commercial sectors in Malaysia.

The company's team has extensive, highly skilled experience in the field of valves and can provide customers with individually tailored valve solutions.

Strategic collaboration is essential for the growth of the business. Flovaco Sdn Bhd forms strategic alliances with its partners, combining resources to reach new markets, managing customers standards and requirements.

NEW PRIMARY MEMBER Technomak Modular Building UK Ltd

Unit 13, The IES Centre Jowett Way

Newton Aycliffe DL5 6DS UK

Contact Robert Smaje, Sales Director

Telephone +44 (0)7896 415 934

Email

robert.smaje@technomak.com

Web

www.technomak.com

Technomak is a leading organisation providing bespoke and turnkey design, engineering, procurement, construction, build, execution and support services for various industrial sectors such as oil and gas, wind, utilities, infrastructure, metals and renewables.

Technomak has been setting the standards as an integrated design, modular fabrication and erection company since 2004.

Technomak, founded in 2004, is a global solutions provider with distinctive skills and competences, possessing high-tech assets, which are used to implement solutions aimed at satisfying customer requirements.

NEW BRAZIL NETWORKING MEMBER

Veolia

Av Manuel Bandeira, 291 Bloco B - cj 41 e 42 05317-020 São Paulo - SP Brazil

Contact Maria Gabriela, Marketing & Communication Senior Consultant

Telephone +11 4632 6564

Email maria.gabriela@veolia.com Web www.latam. veoliawatertechnologies.com/pt

Veolia is a global leader in ecological transformation solutions, operating in the sustainable management of water, waste and energy. With 215,000 employees across five continents, it develops innovative solutions to ensure access to, preservation of and renewal of natural resources.

As a world leader in water technologies, Veolia Water Technologies has 17,500 experts, more than 4,400 patents and 14,000 customers worldwide. Its solutions combine operational performance and sustainability, which are the pillars of the GreenUp strategic plan.

Veolia reinforces its commitment to promoting safer, more sustainable and economically viable operations in the oil and gas sector, helping companies drive the ecological transformation of the global energy industry.

Wednesday 6 May 2026

Member news

Airswift appoints new CEO to spearhead growth

Airswift, the global workforce solutions provider, has announced the appointment of James Allen as its new CEO. Allen, previously COO at Airswift, succeeds CEO Janette Marx, who is stepping down after 11 years of dedicated leadership.

Allen has been with the business for over 25 years, joining as a recruitment consultant and progressing to COO. He has led operations across all key regions, driving operational excellence, strengthening customer relations and delivering sustainable growth for the company. He has also played a central leadership role in the group's successful merger and acquisition activity over the past two decades. His appointment marks a confident step in Airswift’s long-term growth strategy, as the business continues to expand internationally with Allen at the helm.

As we enter our next phase of growth, my focus will be on supporting clients globally with the high-quality talent they need to succeed, while continuing to invest in and care for our people.

James Allen, CEO, Airswift

The appointment comes at a time of continued growth for Airswift across the STEM industries. Since its acquisition by Gemspring, the business has accelerated investment in innovation and workforce solutions, strengthening its ability to support clients as they navigate the evolving workforce demands of the global energy transition.

Amarinth

to

replace obsolete submersible pumps at EDF’s Sizewell B

Amarinth, a world-leading, net zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil and gas industries; nuclear and renewable energy generation; defence; desalination; and process and industrial markets, has been commissioned to supply bespoke electro-submersible pumps to EDF Energy for installation at the Sizewell B nuclear power station in Suffolk, UK. The new pumps will perform a range of duties including the removal of effluent from drainage tanks. They replace existing units that had reached the end of their operational life but for which direct replacements were no longer available due to the original manufacturer ceasing operations.

EDF Energy sought a modern replacement solution rather than refurbishment and turned to Amarinth due to its proven track record in supplying like-for-like replacements for obsolete equipment and its previous successful collaborations with EDF.

Engineers from Amarinth visited Sizewell B to assess the site's hydraulic performance requirements, space constraints, pipework and electrical connections.

Using this information, Amarinth proposed a bespoke submersible pump design that delivers the required hydraulic performance while minimising modifications to existing infrastructure.

EDF's installation schedules require equipment to be supplied to site within defined windows. Amarinth's base in Suffolk, close to Sizewell, enables the company to offer a rapid response and flexibility in delivery. Each pump will undergo rigorous testing at Amarinth’s test facility, including special adaptations to replicate site conditions and verify performance against EDF's specifications.

Our relationship with EDF across its sites continues to strengthen and this project highlights Amarinth's ability to provide technically advanced, fully compliant pump solutions for the UK's nuclear facilities.

Oliver

Brigginshaw, Managing Director, Amarinth

Amarinth is an existing verified Fit for Nuclear (F4N) supplier, demonstrating compliance with the high operational and business excellence standards demanded by the UK nuclear sector and providing confidence to operators such as EDF that Amarinth's processes, quality systems and continuous improvement programmes align with the stringent requirements of the nuclear supply chain.

i For more information: www.amarinth.com

James Allen, CEO, Airswift

Amarinth submersible pump undergoing tests

Atlas Copco unveils X-Air⁺ 800-20: more air at the right pressure for maximum efficiency

Atlas Copco has introduced the latest addition to its DrillAir family of portable air compressors: the X-Air⁺ 800-20. Building on the concept introduced with the X-Air⁺ 750-25 – delivering full air power in a significantly more compact canopy – the X-Air⁺ 800-20 combines higher flow at a practical pressure with a compact canopy. This makes transport and logistics easier without compromising performance, giving customers more choice for demanding applications like drilling and blasting.

With an unwavering focus on efficiency, the X-Air⁺ 800-20 delivers 11% greater fuel efficiency than its predecessor, ensuring a low total cost of ownership and optimised operations across the DrillAir range.

Compact power and intelligent control

Like other DrillAir models, the X-Air⁺ 800-20 features a compact canopy design, cutting its footprint and weight significantly compared to its previous generation. This makes transportation and logistics easier while reducing warehousing costs for fleet owners.

At its core, the compressor is powered by a highly efficient 6.7 litre Cummins engine, ensuring durability and performance in demanding environments.

With advanced computing power and enhanced monitoring capabilities, the Xc2004 helps customers unlock maximum efficiency and control in every application.

Designed for demanding environments

Engineered for reliability, the X-Air⁺ 800-20 is built to withstand tough job site conditions while maintaining consistent performance. Its compact design simplifies transport and setup, allowing customers to deploy highperformance air systems quickly

Higher flow for faster operations

The X-Air⁺ 800-20 is optimised for jobs that operate comfortably at 20 bar, such as foundation drilling, abrasive blasting and pipeline services. By avoiding unnecessary ultra-high pressure, this model reduces energy consumption and wear, making it a cost-effective choice for customers who value speed and efficiency without overspecifying their equipment.

Delivering an impressive flow of up to 800CFM, the X-Air⁺ 800-20 accelerates operations where air volume matters most, enabling faster project completion and improved productivity.

Combined with AirXpert technology, the unit automatically regulates operating parameters based on real-time flow requirements, delivering 11% greater efficiency and reducing fuel consumption during drilling operations.

The Dynamic Flow Boost feature further enhances performance by increasing flow during the most demanding phases of drilling, such as flushing and drill stem refilling. This innovation ensures quicker borewell completion and streamlined operations.

To maximise operational control, the X-Air⁺ 800-20 comes equipped with the Xc2004 controller, a next-generation interface designed for intuitive operation and future-ready connectivity.

Customer-centric innovation

The X-Air⁺ 800-20 is designed to meet real-world needs by delivering higher flow at a practical pressure. This approach helps customers avoid unnecessary costs and complexity while improving efficiency and sustainability. By combining higher flow with practical pressure, we've created a solution that maximises efficiency and accelerates productivity across diverse applications.

Srijayan Iyer, Product Marketing Manager for Large Air

Photo © Atlas Copco Limited

Crondall Energy celebrates 25 years of innovation and growth

Crondall Energy proudly celebrates a quarter of a century supporting clients globally with pioneering offshore energy solutions and, more latterly, emissions reduction and CCS projects. Since it was founded in 2001, the company has grown into a globally renowned independent specialist consultancy providing strategic, commercial and technical services for projects using floating and subsea technologies across the offshore energy sector.

This milestone is testament to both the continuing loyalty and support of hundreds of Crondall Energy clients and the ability of Crondall Energy's extraordinary staff to respond to clients' needs with valuable insights, technical excellence and innovative solutions.

Crondall Energy's journey has been defined by key landmark achievements and milestones:

2001: Crondall Energy established by Duncan Peace.

2003: Delivered the first FPSO client engineering role, marking the start of Crondall Energy's client-focused project delivery.

2007: Secured the first lender's technical advisory role, building a global reputation in project finance support.

2011: Established the subsea division together with six experienced consultants, with new offices in Aberdeen and Newcastle, strengthening the specialist pipeline and subsea consultancy services. Opened an office in Singapore.

2012: Developed PROBE (probabilistic pipeline design), furthering its world-leading expertise in structural assessments, lateral buckling and walking analysis, pipe-soil interaction and pipeline reuse evaluations.

2013: Sold bespoke harsh environment FPSO technology to a major industry organisation demonstrating Crondall Energy's commercial and technical innovation.

2017: Commenced work with the NZTC (Net Zero Technology Centre), developing patented NUI (normally unmanned installation) buoy technology and advancing their capabilities in floating production and renewables.

2018: Opened an office in London and expanded the shareholder base.

2020: Further expansion of the shareholder base; Winchester office relocated to Southampton, joining a hub of innovative businesses.

2021: Awarded the first carbon capture utilisation and storage (CCUS) project, supporting DESNZ (Government Department of Energy Security and Net Zero) as technical advisor and expanded into energy transition consulting, including electrification and decarbonisation.

2023: Opened the Glasgow office, further strengthening its UK footprint and expanding its presence in the renewables sector.

2024: Successful MBO ensuring Crondall Energy remains proudly independent.

2025: Built and installed a reduced scale demonstrator of its floating NUI technology, offshore Falmouth in the UK, a project supported by Petronas. Achieved TRL6 (technology readiness level 6) status on the technology following a successful offshore testing programme. The innovative power and control buoy technology offers a cost-effective alternative to long-distance static umbilicals and provides options for challenging brownfield developments and older operating assets.

2025: Selection for Innovate UK's Innovation Exchange Challenge with the in-house developed SafeMoor technology, advancing mooring integrity monitoring for floating offshore wind.

2026: A team of nearly 50 staff, supported by numerous trusted consultants, continues to support clients on a wide range of offshore energy projects across Europe, Asia, Africa, Australasia and the Americas, with a strong reputation for technical excellence and innovation.

Crondall Energy is a leading independent consultancy providing strategic, commercial and technical services for offshore energy projects using floating and subsea technologies.

Operating within six business streams; energy transition, offshore renewables, floating production, subsea and pipelines, business consulting and technology development, Crondall Energy provides a range of services that span the life cycle of an offshore energy development from concept to late life.

Since inception, we have remained committed to delivering an outstanding level of service to our clients with innovative, reliable and sustainable solutions across the globe. This milestone is a testament to the dedication and expertise of our team, the trust of our clients and the strong partnerships we have built over the years.

Duncan Peace, Founder and Non-Executive Chairman, Crondall Energy

The company works with a range of project stakeholders, including energy companies, investors and law firms. It helps clients to manage technical, commercial and strategic risks and achieve positive project outcomes.

As a company Crondall Energy has 25 years of experience working on offshore floating production and subsea developments globally from early concept to late life.

DNV supports Ørsted as technical advisor to support divestment of stake of the Hornsea 3 offshore wind farm

DNV, the independent energy expert and assurance provider, has successfully completed vendors' technical due diligence on Ørsted's Hornsea 3. The Hornsea 3 offshore wind farm, located 160km off the Yorkshire coast and 120km off the Norfolk coast, will feature 197 Siemens Gamesa SG DD-236 wind turbines and will be the world's single largest offshore wind farm when construction is completed.

Working in close collaboration with Ørsted, DNV conducted an independent energy yield assessment and undertook a detailed technical due diligence study on all aspects of the offshore wind farm and the associated offshore transmission assets, which use state of the art HVDC technology.

By 2050, offshore wind is set to become the UK's main power source, supplying two-thirds of the nation's grid electricity.

DNV's latest UK Energy Transition Outlook forecasts that capacity will reach 76GW by then, fuelled by offshore wind's ability to generate more consistent power than onshore sites. There is already a rapid shift: capacity is expected to nearly double from 15GW today to 28GW by 2030.

ECITB takes on chair role for training body supporting Nuclear Skills Plan

The Engineering Construction Industry Training Board's (ECITB) Thomas Docherty has been appointed as the new chair of the National Nuclear Provider Coordinating Body (NNPCB).

Thomas, the ECITB's head of strategic engagement for nuclear, takes over from Chris Nattress, who was the representative of the further education sector on the body. In December, Chris retired from work and his role as principal and chief executive officer at Lakes College in Cumbria.

The NNPCB supports the Nuclear Skills Plan by bringing together organisations that represent training providers, colleges and universities to provide advice and guidance in delivery of the Nuclear Skills Plan and to ensure that UK provider capacity and capability can meet the demands of the nuclear sector.

Formed in May 2024, the group acts as a collaborative forum meeting every two months to share expertise, align initiatives and support the delivery of the plan. Forecasts for the civil and defence nuclear workforce suggest that the sector will need up to 120,000 roles by the early 2030s.

The plan is the nuclear industry's skills roadmap aimed at attracting and retaining the sector's workforce of the future. It is based on sector collaboration, investment in training, leadership development and improving diversity.

The provider body is made up of representatives from the ECITB, Construction Industry Training Board (CITB), National College for Nuclear (NCfN), National Skills Academy Nuclear (NSAN), Cogent Skills, the Nuclear Vocational Education Group (NVEG), as well as from higher and further education.

As part of his chair role, Thomas will represent the group in meetings of the Nuclear Skills Delivery Board (NSDB), which helps turn the Nuclear Skills Plan into action and oversees the progress of the various projects.

The NSDB forms part of the governance structure put in place when the plan was launched in 2024, bringing together government and industry as part of a recognition that workforce and skills challenges can only be addressed through unified, cross-sector effort.

Thomas Docherty (front centre wearing tie) with members of the NNPCB group

ERM: benchmarking air emissions of the 100 largest power producers in the US

ERM's 2025 Benchmarking Report is the 21st collaborative effort highlighting environmental performance and progress in the US electric power sector. The Benchmarking series began in 1997 and uses publicly reported data to compare the emissions performance of the 100 largest power producers in the US. Company-specific data and all associated company metrics are based on 2024 generation and emissions data; aggregate sectorwide trends are presented up to 2024 as well, unless otherwise noted.

Data on US power plant generation and air emissions is available to the public through several databases maintained by state and federal agencies. Publicly and privately-owned electric generating companies are required to report fuel and generation data to the US Energy Information Administration (EIA). Most power producers are also required to report air pollutant emissions data to the US Environmental Protection Agency (EPA). This data is reported and recorded at the boiler, generator, or plant level and must be combined and presented so that company-level comparisons can be made across the industry.

The Benchmarking Report facilitates the comparison of emissions performance by combining generation and fuel consumption data compiled by EIA with emissions data on sulphur dioxide (SO2), nitrogen oxides (NOx), carbon dioxide (CO2) and mercury (Hg) compiled by EPA; error checking the data; and presenting emissions information for the nation's 100 largest power producers in a graphic format that aids in understanding and evaluating the data. The report is intended for a wide audience, including electric industry executives, environmental advocates, financial analysts, investors, journalists, power plant managers and public policymakers.

Leap29 expands presence with new office in Saudi Arabia

Leap29 has announced the opening of its new office in Al-Khobar, Saudi Arabia, reinforcing its long-standing commitment and continued growth within the Kingdom. This expansion marks an exciting milestone in Leap29's mission to provide world-class local and international recruitment solutions that support clients across the region.

Building on years of successful partnerships and projects throughout KSA, this new office will further strengthen Leap29's ability to deliver tailored recruitment expertise and exceptional client service on the ground.

Leading Leap29’s presence in the Kingdom is Yazeed Burghol, business development manager, above, who will serve as the face of Leap29 in Saudi Arabia. With his deep understanding of the local market and strong network across key industries, Yazeed will play a vital role in driving continued success and client satisfaction.

Leap29 looks forward to continuing its growth journey in Saudi Arabia, supporting clients and candidates with trusted expertise and local insight.

Leap29 is a global recruitment partner, helping businesses of all sizes to recruit and employ people in 180+ countries. With over 25 years of experience, Leap29 finds niche talent, manages contractors, runs multi-country payroll and can act as your employer of record, helping businesses expand their operations around the globe.

UK-led Maritime Consortium sets out plan for nuclearpowered fleet

The UK is taking a decisive step towards leading the global race to decarbonise shipping with the launch of the Maritime Nuclear Consortium.

Convened by Lloyd's Register (LR), the group unites leading expertise from the nuclear, maritime, insurance and regulatory sectors to set the highest international standards for safe, secure and commercially viable nuclear-powered ships.

Maritime nuclear power is a proven, advanced and safe energy source that can tackle one of the toughest challenges in the energy transition. The next generation of advanced modular reactors (AMRs) will allow ships to sail for years without refuelling, with zero carbon emissions and rigorous safety built in from the start.

Nuclear produces no CO2. Reactors run for years, not weeks. With no need to trade efficiency for emissions standards, ships can run at full design speed instead of slow steaming.

The core membership includes:

• Lloyd's Register (lead, safety and secretariat).

• Rolls-Royce (reactor design).

• Babcock International Group (ship design, construction and support).

• Global Nuclear Security Partners (security and safeguards).

• Stephenson Harwood (legal and regulatory).

• NorthStandard (insurance).

The UK has a long history of leading maritime innovation and is now in a strong position to support the safe adoption of maritime nuclear power. With trusted regulators, world-class engineering and shipbuilding and decades of naval nuclear experience, it has the credibility to shape international standards from the start.

The UK also offers a complete ecosystem to support nuclear shipping.

But the window for leadership is narrowing. Other nations are moving quickly to set their own standards and develop technology. Without co-ordinated UK action, the chance to define the rules, create high-skilled jobs and anchor a global supply chain could be lost to faster competitors.

Acting now would give the UK firstmover advantage and ensure standards and supply chains are built here.

The consortium's first programme will:

• Demonstrate a statement of design acceptability (SODA) for a generic, site-licensed advanced modular reactor.

• Develop a class certification framework integrating nuclear and maritime regulation.

• Define a security and safeguards architecture to meet regulatory requirements.

• Establish insurability pathways for nuclear-powered vessels.

• Publish guidance for industry and government to accelerate safe adoption.

The Maritime Nuclear Consortium sets the highest international standards for the development of safe, secure and commercially viable nuclearpowered ships, essential for maritime decarbonisation. The consortium members are all market-leading UK-based companies, spanning the design and operation of both ships and reactors, safety, security and insurance.

LRQA: digital transformation and smart inspections driving safer, greener energy futures

Leading global risk management partner, LRQA, has published new guidance for businesses navigating an ever-changing risk management landscape, revealing the ways risk can be turned into advantage.

The report, Risk by Numbers: Quantifying Risk, Revealing Opportunity, explores how leading organisations across industries are transforming their approach to risk management –turning it from a reactive process into a strategic driver of trust, transparency and performance.

Drawing on global data, expert commentary and LRQA's EiQ supply chain intelligence software, which analyses over 85m audit data points across 200+ regions, the report highlights how interconnected risks –from cyber threats to climate shocks and ESG controversies – are reshaping the global business landscape.

Innovative solutions

In the energy and renewables sector, LRQA is using technology to design innovative approaches to audits and inspections. Through the deployment of virtual reality glasses, inspectors can now stream live data from offshore yards or remote construction sites directly to technical experts worldwide, enabling real-time collaboration while reducing travel emissions, accelerating construction schedules and cutting risks earlier in the project lifecycle.

Operating in silos

Despite growing recognition of the need for joined-up risk management, many organisations continue to handle cyber threats, ESG compliance, operational disruptions and supply chain vulnerabilities in isolation –managed by separate teams, systems and providers.

The path forward

To aid businesses looking to transform risk into strategic advantage, Risk by Numbers introduces LRQA's Five-Point Framework:

1. Spot the signals – by mapping extended supply chains and the risk ecosystem.

2. Connect the data – integrate findings into a single risk view.

3. Act decisively – develop playbooks for rapid, cross-functional decision-making.

4. Measure and improve – track performance against both lagging and leading indicators.

5. Communicate with integrity –ensure external reporting matches internal realities.

By treating risk as a connected ecosystem, the report demonstrates how leaders can convert volatility into foresight, compliance into confidence and risk management into advantage.

For more information or to download the full report visit: www.lrqa.com/en/resources/risk-bynumbers-report/

www.lrqa.com

UK government appoints Mott MacDonald to deliver technical advisory services for Sizewell C

The Department for Energy Security and Net Zero (DESNZ) has awarded Mott MacDonald a contract to deliver technical advisory services in support of government oversight of the Sizewell C nuclear power plant on the Suffolk coast, UK.

The global engineering, management and development consultancy will provide expert advice, guidance and support to enable government to effectively fulfil its oversight roles as shareholder and policy sponsor of Sizewell C during construction of the project.

The technical services provided by Mott MacDonald will underpin the government's oversight, help manage project complexities and channel successful delivery of Sizewell C, enabling Britain's transition to clean, secure energy in support of the nation's net zero ambitions.

In its mission to make Britain a clean energy superpower, the government announced the final investment decision (FID) for the Sizewell C nuclear power project in July 2025. Sizewell C is the first nuclear power project to reach FID in nearly a decade. Upon operation, the plant will provide 7% of the UK's total electricity needs and save an estimated 9m tonnes of CO2 annually.

This appointment builds on our long-standing relationship with DESNZ, where we've contributed to the delivery of critically important programmes addressing the challenges of the transition to a low-carbon economy. Sizewell C stands as a key initiative for the UK, supporting both the achievement of net zero targets and the nation's energy security. We're proud to play a role in this project.

Claudio Tassistro, Managing Director of Energy, UK

and

Europe, Mott MacDonald

The government is removing barriers in planning, grid infrastructure and supply chains to facilitate a rapid deployment of clean energy, cementing the UK's role as a global leader in climate action.

The UK government's 2025 Spending Review marked the beginning of a new golden age for nuclear energy in the country, with Sizewell C positioned at the heart of the transformative initiative. The commitment signalled the largest investment in new nuclear power for generations and demonstrated the government's dedication to bolstering the UK's energy security, supporting economic growth and achieving its ambitious net zero targets.

Mott MacDonald is an employeeowned engineering, development and management consultancy, with more than 20,000 people in over 50 countries. The company plans, designs, delivers and maintains the transport, energy, water, buildings and wider infrastructure that is integral to people's daily lives.

Image ©

2026

Sizewell C

Oxford Flow appoints experienced industrial leader Andrew Hodgson as executive chair

Oxford Flow, the flow control equipment specialist, has announced the appointment of Andrew Hodgson as executive chair of its Board as the company accelerates its growth trajectory.

Andrew follows David Hill as executive chair, after a period of significant progress under David's leadership. In his new role, Andrew will work closely with the leadership team to shape strategic direction, strengthen operations and guide Oxford Flow through its next stage of international expansion. With more than 35 years of experience leading engineering, industrial and utilities businesses and based in the UK, Andrew brings deep expertise in scaling organisations, improving operational performance and delivering long-term growth.

The company is expanding at a time when energy, industrial process facilities and utility networks are under increasing pressure to meet growing demand, maintain reliability and transition to more sustainable operations, including the need for resilient power and cooling solutions, with opportunities arising across Europe, the Middle East and the US.

The appointment strengthens the Oxford Flow Board at a time of continued growth, expanding international demand and follows significant investment from bp Ventures and Energy Impact Partners (EIP) in late 2024. This strategy reflects the company's focus on expanding its presence in key strategic markets, following the opening of its new UK headquarters and regional growth in the Middle East in 2025.

Peterson announces strategic leadership appointments

Peterson, a global leader in supply chain, logistics and technology solutions, has announced strategic appointments within its leadership team to drive its position as the partner of choice across the evolving energy landscape.

Stuart Florance joins the board as managing director for the UK. Stuart, whose international career spans operational delivery, technical and project management and senior corporate leadership, is responsible for operations, business development, strategic planning, resource requirements and infrastructure needs across eight operational sites in the UK.

Steef Ritzema, formerly managing director for the Netherlands and Middle East, has taken on the newly created chief operating officer position with Mark Hol, formerly commercial director in the Netherlands, becoming the new managing director in the Netherlands.

Steef will oversee the delivery of Peterson's services globally, working closely with regional managing directors, leadership colleagues and consultancy and technology teams. He will be responsible for overseeing the quality, innovation and collaboration which make Peterson the trusted and expert supply chain solutions partner for customers.

Peterson is responsible for providing fully integrated lead logistics partner, technology and consultancy services for customers spanning oil and gas, offshore wind, onshore wind and nuclear sectors in the North and East Irish Seas, as well as globally in regions including the Middle East and Asia Pacific.

These changes to our leadership team allow us to strengthen how we deliver our strategy to be the partner of choice for the energy transition and beyond –bringing experience and innovation to all we do with a customer-first mindset.

Spanning the full logistics value chain; from port and materials management through transport, aviation, procurement, customs, chemicals management and agency services, Peterson delivers an integrated, end-to-end logistics model. This onestop-shop approach enables closer collaboration, greater operational control and improved decision-making for its customers, underpinned by Peterson's digital platform Lighthouse.

Steef Ritzema, Chief Operating Officer, Peterson

Left to right: Mark Hol, Stuart Florance and Steef Ritzema

Photo © Peterson Energy Logistics 2026

Proserv’s

ECG™

contributes to reliability at Hywind Scotland

Proserv’s proprietary Electro Cable Guard (ECG™) system is now fully operational on the Hywind Scotland development, the world's first commercial floating offshore wind farm, owned by operator Equinor and its partner Masdar.

Located off the coast of Peterhead, Aberdeenshire, UK, the project generates clean energy for around 35,000 UK homes. This critical infrastructure assurance milestone represents a significant step forward for the reliability of power generated by floating wind.

The deployment and operation of Proserv's ECG cable monitoring system marks the first time its UK-led technology has been utilised in a floating offshore wind environment.

Delivered by the Aberdeenheadquartered firm's team in Great Yarmouth, Norfolk, with support from colleagues in Trondheim, Norway, the technology enables continuous, real-time electrical and thermal condition monitoring of both subsea cables and terminations. This provides critical diagnostics to enhance system resilience, reduce unplanned outages and optimise maintenance strategies.

Proserv led the development and commercialisation of ECG in partnership with Synaptec, a leader in power system monitoring and BPP Cable Solutions, which specialises in subsea cable engineering and management. During development, the project also received valuable support from the Offshore Renewable Energy Catapult, as well as two industrial sponsors, Equinor and ScottishPower Renewables.

Proserv is a controls technology company that provides innovative solutions to the energy sector, helping clients extend the life of their assets, reduce costs and improve operational efficiencies.

Photo © SGS

Establishing a laboratory for a FPSO requires sector expertise and experience. Our modular solutions deliver immediate analytical readiness while ensuring long-term compliance and performance wherever our clients build and operate.

Arjan Praat, VP Laboratory Services and Solutions, SGS

SGS: driving FPSO integrity and compliance with turnkey laboratories

SGS's turnkey laboratory programme offers fully equipped ISO/IEC 17025 aligned facilities, designed to perform safely and efficiently in offshore and remote environments.

Floating production, storage and offloading (FPSO) operations and management require onsite, intrinsically safe laboratories.

These laboratories must have:

• Rugged furniture and technical systems.

• Robust, yet best in class laboratory equipment, reference standards and chemicals.

This ensures reliable, accurate testing results, in compliance with official testing methods such as ASTM, EN and ISO, which are essential for both floating natural gas (NG) liquefaction plants and oil and storage offload vessels.

SGS's turnkey laboratory programme provides owner-operators and EPCs with fully equipped, ISO/IEC 17025 aligned facilities, designed to perform safely and efficiently in offshore and remote environments.

This programme allows SGS to support clients across the entire project lifecycle:

• Programme design and consultancy: defining sampling and testing protocols, in alignment with industry requirements.

• Laboratory design, equipment selection and chemical management: optimising layouts for safety, efficiency and sustainability.

• Delivery and installation: organising shipment and installation of modules and laboratory equipment, including FAT and SAT, all over the world.

• Commissioning, training and quality systems: ensuring staff competency and smooth laboratory startup.

• Operational outsourcing: SGS experts manage day-to-day laboratory operations, maintenance and quality assurance.

www.sgs.com/en/services/fpso-services

STATS Group's new SureTap® Plug eliminates longstanding completion safety risk

This new technology addresses a longrecognised critical vulnerability at the final stage of hot tapping operations, where conventional completion plugs rely on a single O-ring seal that cannot be tested or verified under modern DBB safety criteria before temporary valves are removed.

The SureTap Plug has been developed to eliminate this risk by introducing true DBB capability at completion. The plug features two independent compression seals with a testable intermediate annulus, allowing operators to verify both seal integrity and validate/correct plug positioning.

STATS' innovative approach fundamentally changes completion plug design by introducing true double block and bleed capability to the final stage of hot tapping operations and addresses long-standing completion safety concerns, while improving operational efficiency across the entire hot tapping workflow.

The SureTap Plug meets IMCA double block and bleed requirements for subsea diver safety and is suitable for use on hydrocarbons, hydrogen and high-pressure liquid CO2 piping systems.

i For more information: www.statsgroup.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)

Stuart R Broadley FEI is joined by Neil Golding for a quarterly Databank update examining what's happening across global energy markets: https://lnkd.in/dkKuRHwr

EIC (Energy Industries Council)

The Bankable Energies Report is launching soon! Book your delegate pass now and be one of the first to access the Bankable Energies Report: https://lnkd.in/e6mnq3em

EIC (Energy Industries Council)

Stuart R Broadley FEI sits down with Dr Nick Wayth CEng FEI FIMechE, CEO of the Energy Institute, to talk about how the global energy system is evolving: https://lnkd.in/ePZYTp7a

Our new plug leverages decades of experience developing high-integrity pipeline isolation tools. The dual seal design follows the same fundamental principles that have made STATS' Tecno Plug and BISEP technologies the industry standard for double block and bleed isolation.

Angus Bowie, Chief Technology Officer, STATS Group

Events calendar LIVE events

EIC APAC Iftar Networking 2026

Tackling one of the energy sectors most urgent challenges

17 March 2025

Bankable Energies

I EXHIBIT I

21 April Business Presentation

TÜV SÜD ASMEA Flow Workshop

Radisson Blu Hotel, Abu Dhabi Corniche

21 April LIVE e-vents

Africa Market & Project Update Webinar

22 April Business Presentation

EICDataStream/AssetMap training Online

23 April Regional Showcase Discover EIC Endress+Hauser Ltd, Manchester

4 May Business Presentation

by

4 May Overseas Exhibition

Offshore Technology Conference 2026

NRG Park, Houston

6 May Regional Showcase

Energy 360 Summit UK & Europe

Park Plaza Victoria, London

6 May EIC CONNECT

EIC CONNECT UAE 2026

Radisson Blu Hotel, Abu Dhabi Corniche

6 May Business Presentation

EICDataStream/AssetMap training Online

11 May Overseas Delegation

EIC's Annual OTC Breakfast Marriott Medical Center/Museum District, Houston

Overseas Delegation to Guyana & Suriname Guyana and Suriname

Wednesday 6 May 2026

Radisson Blu Hotel Abu Dhabi

Bankable Energies Bankable Energies 2026

Global Events and Campaigns

Last chance to book: Bankable Energies 2026

As the global race to accelerate clean energy deployment intensifies, Bankable Energies 2026 is emerging as one of the year's most important gatherings for investors, developers, insurers, supply chain and policymakers. Taking place on 17 March 2026 at the Hilton London Bankside, this one-day flagship event brings together senior leaders to tackle one of the sector's most urgent challenges: how to make clean and low-carbon projects truly investable.

With only a short time left to secure delegate places, this is the last call for organisations looking to gain the insights and connections required to move projects from concept to final investment decision.

Bankable Energies has rapidly become a standout event in the global energy calendar and we are delighted to share our fantastic line up of confirmed speakers: EET Fuels, Equinor, CCC Training Ltd, Flotation Energy, Green Giraffe Advisory, HSBC, LanzaJet, Lloyd's Register, Low Carbon Contracts Company, Siemens Energy, Sizewell C, Société Générale, Santander, Worley, Copenhagen Infrastructure Partners (CIP), RSM, Close Brothers Asset Finance, Fusion Industry Taskforce (FIT), National Energy System Operator (NESO), Stirling Infrastructure Partners and Xodus.

What attendees can expect

Delegates will gain practical guidance on financing models, risk-mitigation strategies and real-world case studies designed to remove barriers and accelerate project delivery.

The agenda features:

• Pre-event evening reception on 16 March.

• Keynote address from Neil McDermott, CEO, Low Carbon Contracts Company.

• Market insights and report findings from EIC's global intelligence team.

• Panel sessions tackling themes such as project bankability, energy-transition capital flows, regulatory shifts and risk frameworks.

• Case studies: from concept to commitment.

• Meet-the-expert meetings offering one-to-one discussions with investors and technical specialists.

• High-value networking opportunities.

With more than 200 attendees, 100+ companies and dozens of expert speakers expected, Bankable Energies 2026 offers unmatched access to those shaping the next wave of investment across low-carbon technologies.

Jo Campbell

Visit the agenda here: www.the-eic.com/Events/BankableEnergies/ Sessions

Be part of the conversation that moves projects to FID

This conference is the perfect opportunity for organisations needing strategic insight into project financing, or those looking to deepen relationships with investors and regulators.

Whether you are a developer, investor, insurer, technology provider, supply chain or policymaker, Bankable Energies 2026 delivers the knowledge, connections and strategic understanding needed to navigate today's complex energy-finance environment.

This is your last chance to book and join the leaders who are shaping the future of bankable clean energy projects.

Secure your place now and ensure your organisation is positioned at the forefront of the energy transition investment landscape.

Book now: www.eventbrite.co.uk/e/bankable-energies-2026tickets-1528922220519?aff=EICWebsite

17 March 2026 I London, UK

INTERNATIONAL TRADE

UK PAVILION AT WIND EXPO JAPAN 2026

The EIC in partnership with the British Embassy Tokyo will lead the UK pavilion at WIND EXPO Japan 2026 happening in Tokyo Big Sight from 1719 March. The exhibition is recognised as Japan's largest wind energy event and forms part of World Smart Energy Week. It consistently attracts high levels of industry participation with the 2026 edition expected to host a forecast 2,100 exhibitors and 114,000 visitors, including international delegates attending concurrent energy shows.

This year's UK pavilion will bring together Cambridge Vacuum Engineering, Cargostore Worldwide, Digital Edge Subsea, ERM Japan, Marine Power Systems, ONYX Insight, SMD, TGS Nopec Geophysical Company, Turner and Townsend, the Welsh Government and Venterra Limited. Collectively, these organisations represent a broad spectrum of UK capability in supporting commercial scale wind projects.

In the lead up to the exhibition, UK pavilion exhibitors participated in two online sessions to help establish visibility and prepare for targeted engagements in Tokyo. The exhibitor webinar allows companies to introduce their services directly to Japanese organisations, followed by the exhibitors briefing on 24 February. This session featured Nobuyasu Osaki, head of policy and regulation at SSE Pacifico, a UK and Japan joint venture

involved in offshore wind development across the region. His briefing provided exhibitors with insight into development frameworks and partnership structures that shape offshore wind activity in Japan, helping companies position themselves more effectively.

On 16 March exhibitors will be attending a seminar at the British Embassy in Tokyo. The seminar will introduce all UK exhibiting companies to attending Japanese stakeholders and highlight the technical capabilities they bring to offshore wind development. A networking reception will follow and will include representatives from the UK delegation, Japanese companies and embassy staff, giving exhibitors an important opportunity to make initial connections before the exhibition begins.

From 17-19 March the UK pavilion will act as a central meeting point throughout WIND EXPO for our exhibiting companies. The exhibition supports significant industry engagement, with the most recent recorded edition drawing 68,840 visitors and 1,492 exhibitors across the energy shows held at Tokyo Big Sight.

Through its participation in WIND EXPO Japan 2026, the EIC ensures the UK supply chain companies are well positioned within one of Asia's most active renewable energy markets. The UK pavilion continues to prove itself to be an effective platform that supports business development, new relationships and long-term international growth for the companies taking part.

For additional details on UK and EIC pavilions and delegations, contact: internationaltrade@the-eic.com

Camilla Tew

Director, International Trade camilla.tew@the-eic.com

UK news

Forthcoming UK events

Survive & Thrive X

Thank you to all the members who have taken part in Survive & Thrive this year. It's been a fantastic start, with so many inspiring strategies and success stories already shared. Interviews will continue over the next month or two, so if you haven't yet expressed your interest in participating, there's still time. Please get in touch with me to discuss getting involved. Whether you have a people or culture story to highlight, or would like to showcase your latest technology or innovation, we'd love to help you share your success.

Engagement opportunities

This month, several groups will be getting together to discuss important topics. Our Regional Committees will soon be meeting. These groups are open to all members who want to help shape EIC's regional activity, build connections across industry sectors and contribute to discussions on key issues affecting our industry. Each company may nominate one representative per committee and your business can be represented on multiple committees if you wish.

UK Regional Committees

Next Committee dates are:

Northern: Tuesday 10 March, Middlesbrough

Scotland: Wednesday 11 March, Aberdeen

Southern: Wednesday 18 March, London

JOHN PETCHEY Scotland and Northern Ireland

john.petchey @the-eic.com

HELEN DOONA Northern England

helen.doona @the-eic.com

ANDREW SCUTTER

Midlands and Wales

andrew.scutter @the-eic.com

DANIEL KIRMATZIS

London and South East England

daniel.kirmatzis @the-eic.com

NIGEL O'SULLIVAN South West England

nigel.osullivan @the-eic.com

NORTHERN COMMITTEE SOUTHERN COMMITTEE

Please reach out to the relevant staff members to enquire about joining a committee near you.

Purpose Driven Committee

Monday 16 March

London Invite Only

The Directorate for Energy Supply Chain is a senior, action-driven committee established by the EIC to represent and strengthen the energy supply chain. It brings together leaders from across the sector to shape policy narratives, highlight risks and inform government on emerging threats and opportunities.

With a broad, nontechnology-specific lens, it focuses on issues such as UK deindustrialisation, global competitiveness, local content, aiming to make the UK a more stable and attractive market for business.

If a member of your leadership team has an interest in taking part, please let me know and I will be happy to discus further.

Staff update

I'd like to extend my heartfelt thanks to John Petchey for his outstanding service as our membership manager for Scotland, Northern Ireland and the Scandinavian region.

Next month, John will be moving into a new role at EIC as co-director of global membership. We are incredibly grateful for all he has done to support his members over the years.

We’ll soon be welcoming a new member to the team – more details to follow.

Key event dates coming up

EIC has a lot going on in the next month or so, will we see you there?

Bankable Energies

Tuesday 17 March

London

Book Now: www.the-eic.com/Events/ BankableEnergies/Home

North West Cluster: Powering the Future Fuel of the North West

Wednesday 25 March

Liverpool

Book Now: www.the-eic.com/EventDetail/ dateid/4765

Women in Energy

She Powers the Energy Transition

Thursday 26 March

Edinburgh

Book Now: www.the-eic.com/EventDetail/ dateid/4787

Kim Stephen, Regional Director, UK kim.stephen@the-eic.com

Kim Stephen

Middle East news

Regional update

Once again, our recent EIC Connect KSA event, delivered in collaboration with the Asharqia Chamber, highlighted the depth and breadth of opportunity the energy sector has to offer across the Kingdom.

With the Expo and the World Cup on the horizon, it is clear that Saudi Arabia is undergoing development at an unprecedented scale. A heartfelt thank you to all our speakers, sponsors and attendees whose contributions made the event such a resounding success.

Building on this momentum, planning is already underway for EIC Connect UAE, which will return on 6 May 2026. I would welcome your thoughts on companies or speakers you feel would add value to this year's edition.

We are also looking ahead to our inaugural EIC Connect Qatar, planned for September 2026, reflecting the strong appetite we are seeing from many members expanding their presence in the country.

Our Annual Golf Day is now just around the corner at The Els Club, Dubai on 5 March 2026, having sold out in record time this year. We are expecting a fantastic turnout for both the golf and the networking into the evening, as teams compete for the coveted Helen Aittis Trophy.

Interviews for our flagship Survive & Thrive X Report are now well underway and the breadth of stories being shared is a powerful testament to just how dynamic and inspiring the sector we work in truly is.

I look forward to continuing these conversations in the weeks ahead and, of course, to welcoming our finalists to the World Energy Supply Chain Awards (WESCAs) in October 2026, where we will celebrate the outstanding achievements of the companies featured in the report.

Looking ahead, we also encourage members to engage with our upcoming CIS and GCC Market & Project Update market briefings, offering a forward-looking view of projects, investment trends and market outlook across the region.

Finally, with the holy month now underway, we would like to take this opportunity to wish all our members Ramadan Kareem. On behalf of the entire team, we extend our warmest wishes to you and your families for a safe, peaceful and blessed Ramadan.

Ryan McPherson Regional Director,

Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com

Regional news

Saudi Aramco attracts strong investor demand with US$4bn bond issuance

Saudi Aramco has successfully raised US$4bn through a bond issuance, attracting strong demand from international investors and underscoring continued confidence in the company's financial strength and long-term strategy. The issuance forms part of Aramco's broader funding approach, supporting balance sheet flexibility while maintaining disciplined capital allocation. Investor appetite reflects Aramco's scale, robust cash generation and its role in ensuring energy security alongside a measured approach to energy transition investments. The transaction highlights the company's ongoing access to global capital markets amid evolving energy and macroeconomic conditions.

ADNOC CEO highlights risks of underinvestment amid growing energy demand

Dr Sultan Ahmed Al Jaber, UAE minister of industry and advanced technology and CEO of ADNOC, has warned that rising global energy demand requires sustained investment across all forms of energy, with underinvestment posing a greater risk than oversupply.

Speaking at India Energy Week 2026, he noted global oil demand is expected to stay above 100m bpd through to 2040, while demand for LNG and electricity will grow by around 50% or more. He highlighted the role of emerging markets and strategic partnerships, particularly between the UAE and India in meeting this growing demand.

Ryan McPherson

Radisson Blu Hotel Abu Dhabi

Asia Pacific news

Regional update

We kicked off 2026 with great momentum, setting the tone early to deliver on our ambitious programmes for the year ahead. January alone took us across key regional hubs from Beijing and Shanghai to Manila and Goa, as we intensified our engagements, strengthened relationships and positioned EIC for greater impact across the energy landscape.

We started our stakeholders engagements in Beijing by visiting China Petroleum Technology & Development Corporation to explore a potential partnership. We had the opportunity to share EIC's market intelligence tools and how they can support CPTDC's forward-looking plans and strategic direction.

We then travelled to Shanghai for a fruitful discussion with CDMC, which concluded with EIC finalising support for their planned conferences in Kuala Lumpur, Shenzhen and Shanghai in 2026. We also explored the potential for CDMC to become an event partner for our upcoming EIC Connect China, planned for December.

During this trip we also met with our global member BIE International at their Shanghai office to exchange views and align on our aspirations for the Asia Pacific region. And of course, no trip to the Far East is complete without meeting IntelliS and the lovely Sabrina Cheng, a strong supporter of EIC APAC over the years. As our global ambassador, she continues to play an important role in connecting our members in China and strengthening EIC's presence here. We are now looking forward to enhancing this presence through several upcoming programmes.

We also attended and collaborated with Energyear for Energyear Philippines 2026 in Manila. It was a great opportunity for EIC to make our presence felt in the Philippines for the first time and to connect with key energy players in the market. The visit gave us valuable insights into the Philippines energy landscape and we look forward to expanding our engagement and presence in the future. It was also an honour to be invited to be one of the panellists in a forum titled Unlocking Capital – How Renewables are Attracting Investments at Scale.

We were also present at India Energy Week 2026 held at ONGC ATI, Goa, India. Now in its fourth edition, India Energy Week 2026 is held under the patronage of India's Ministry of Petroleum and Natural Gas and is jointly organised by the Federation of Indian Petroleum Industry (FIPI) and dmg events. We look forward to expanding EIC's reach into India, playing an active role in energy advocacy while strengthening our engagement and presence across the Indian energy supply chain.

The climax of the month was our Annual Breakfast in Kuala Lumpur, pictured above. This has grown into a wonderful tradition for all of us in the industry, a chance to come together, reconnect and network at the beginning of the year. It was great to see the turnout of approximately 120 energy players. If January was any indication, 2026 is off to a flying start.

Syed Saggaf, Regional Director, Asia Pacific syed.saggaf@the-eic.com

Regional news

PTTEP has taken FID for the SK405B project in Malaysia

PTTEP has taken FID for its first greenfield development project in Malaysia, the SK405B project, which comprises the Sirung and Chenda fields. The development plan for both fields includes a central processing platform and a wellhead platform. First oil production is targeted for 2028 with a combined production capacity of approximately 15,000b/d.

Shandong Nanshan Group to develop Bintan Island refinery

Shandong Nanshan Group is planning to build an oil refinery with capacity of 100,000b/d on Bintan Island, Riau Island Province, Indonesia. The refinery is expected to be developed in phases, with the first phase expected to cost up to 30tn Rupiah (US$1.79bn). The refinery is also expected to produce petcoke, which will be used as feedstock for the aluminium smelter which will be used for Nanshan's alumina facility also located in Bintan.

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Keeping

Syed Saggaf

North and Central America news

Regional update

We kicked off the New Year with Chevron and Koil Energy on 20 January for our Breakfast in Houston series. Speakers provided presentations covering company updates including global/regional operations, current challenges and emerging opportunities available to the supply chain. We thank our speakers for their valuable time and participation: Maru S Williams, enterprise performance lead, Chevron; Chris Sebesta, director of business development, Koil Energy, in addition to our attendees, for contributing to an insightful morning of discussions and networking in Houston.

Join us for our next breakfast event being held on 19 March 2026 covering data centres with featured speakers: Aaron Drucker, senior commercial director –onshore western hemisphere, McDermott; and Shilen Jhaveri, program manager – AI & infrastructure, Google. To register: https://eic-live-portal.azurewebsites.net/ EventDetail/dateid/4803

Additionally, our 2026 Women's International Day High Tea, sponsored by Kevlin TOP-SET, is right around the corner. This event will be held on 5 March 2026, at the renowned Houston restaurant, Kiran's. Join me and our distinguished speakers as we highlight the ever-evolving energy industry, supply chain outlook, challenges and the 2026 Women’s International Day theme topics including: the importance of mobilising for change, sharing of knowledge and support of women’s initiatives. Seats are limited so register today: https://eic-live-portal. azurewebsites.net/EventDetail/dateid/4766

Lastly, the EIC will be in Lafayette, Louisiana with Worley and SLB on 31 March 2026. We encourage delegates to join us as we discuss the breadth of opportunities emerging across the state's energy supply chain. Confirmed speakers include: Anthony Nguyen, supplier manager – North America offshore well construction, SLB; Guldana Mekeyeva, procurement & sourcing manager, SLB; Luke Van der Waals, North America offshore supply chain manager, SLB; and Phil R Zito, ports and marine terminals, US lead, Worley. To register, please click here: https://www.the-eic.com/EventDetail/dateid/4784

Amanda Duhon

VP & Regional Director, North & Central America amanda.duhon@the-eic.com

Regional news

US cuts and revises US$84bn in clean energy loans

The government has announced that it is restructuring or cancelling nearly US$84bn in clean energy loans approved under the previous administration. Following a review of US$104bn in loans issued by the former Loan Programs Office, the government has already terminated or is in the process of cancelling around US$30bn, including major wind and solar infrastructure projects. Approximately US$9.5bn in renewable energy loans have been eliminated and redirected towards natural gas and nuclear power. Remaining lending capacity is expected to prioritise nuclear, fossil fuels, grid infrastructure, critical minerals and manufacturing.

Canada and Alberta sign MoU on long-term energy development

The agreement intends to improve co-ordination on energy policies and to reduce federal-provincial friction. The parties aim to finalise by April an equivalency agreement maintaining Alberta's TIER system, with an effective carbon price of CA$130 per tonne and sector-specific adjustments. A methane deal is also due by then, targeting a 75% reduction in methane emissions from 2014 levels by 2035. Canada, Alberta and the Pathways Alliance plan to enter an MoU to advance the large-scale CCUS Pathways Project. The deal aims to facilitate fast approval of an indigenous co-owned bitumen pipeline with capacity of at least 1m bpd, linking Alberta to a strategic deepwater export terminal to serve Asian markets.

Forthcoming events

Please go to page 26 to see upcoming events around the world

Amanda Duhon

South America news

Regional update

We kick off the month of March with our Macaé Breakfast: OPEX Opportunities with Ocyan. The company has established itself as a national leader in shallow and ultra-deep waters. Ocyan operates two FPSOs, one which has a production capacity of 50,000b/d, operating in a water depth of 2,400m and the other that has reached a cumulative production of 76m barrels. In the coming months we will also be present at other events as partners and supporters.

The global floating production, storage and offloading (FPSO) industry is experiencing a phase of transformation and growth, with Brazil emerging as a key player. As the foremost trade association representing the energy supply chain, the EIC has negotiated special rates for member companies wishing to exhibit at FPSO Expo Brasil 2026 –Brazil, the Global Epicenter of FPSOs, scheduled to take place on 19-21 May in Rio de Janeiro. The event will bring together industry leaders, suppliers and specialists to explore trends, opportunities and challenges in this dynamic and continuously evolving market. Also in May, the EIC returns to Bahia Oil & Gas Energy with the EIC business lounge which will take place from 27-29 May in Salvador (BA).

Rio de Janeiro establishes state policy for offshore wind

A new state framework has been enacted to support offshore wind development, marine spatial planning and the offshore energy transition. The bill was approved by the Rio de Janeiro State legislative assembly (ALERJ) in December and later sanctioned by the state government, creating a dedicated public policy aligned with Brazil's federal offshore wind law.

The legislation prioritises technical support for national offshore energy planning, territorial organisation of maritime and coastal zones and the provision of environmental, territorial and socioeconomic data, while also promoting institutional co-ordination between state and federal authorities.

Moving back to January, the year started with our first Breakfast in Rio: Independent Players Active in Brazil with Prio and Trident Energy, pictured above. The event focused on discussing the role of independent players in Brazil and brought together more than 150 attendees. Insights on the energy industry were shared, highlighting the importance of mature field revitalisation, operational efficiency and long-term asset management. The discussions reinforced how independent operators are shaping Brazil's offshore landscape through agility, strategic partnerships and innovation. The event was supported by Techocean and AspenTech (Emerson Group) as our gold sponsors and by Mokveld as our bronze sponsor.

Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com

Petrobras and Transpetro sign R$2.8bn shipbuilding deal

The agreement covers R$2.8bn (US$560m) in investments for the construction of new vessels to be operated by Transpetro, including five gas carriers, 18 barges and 18 pushboats. The units will be built by three Brazilian shipyards located in Rio Grande do Sul, Amazonas and Santa Catarina, reinforcing domestic industrial capacity and reducing reliance on chartered tonnage.

The contracts exemplify the objectives of the Programa Mar Aberto, which seeks to renew and expand the Petrobras fleet, strengthen logistics operations, generate employment and support the long-term recovery of Brazil's naval industry.

Regional news

Clarisse Rocha

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