Oman’s Ministry of Energy and Minerals has signed two agreements to develop mining concession areas covering a combined 1,687 square kilometres, with planned exploration investments of about RO6 million ($15.4 million).
Alfa Laval, a global leader in heat transfer, separation, and fluid handling, has launched its ‘Made in Saudi’ assembly line for heat exchangers.
TotalEnergies has announced several exploration developments in Angola, including a new oil discovery on Block -field discovery on Block 17, where TotalEnergies holds a 38 per cent operated interest, is expected to reach first oil just three months after its June 20217 and agreements to enter two additional offshore exploration blocks.
QatarEnergy, alongside its partners Shell and Sonangol E&P signed an agreement with Angola’s National Agency for Oil, Gas, and Biofuels (ANPG) pertaining to Blocks 8 and 22 offshore of Angola.
Trelleborg Marine and Infrastructure and Simwave have launched the first modules of a specialised transfer equipment training programme at Gastech 2026 in Bangkok, targeting crew competency gaps as LNG bunkering and alternative fuels expand across the maritime industry.
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a contract valued at KD111.05 million ($359 million) for delivering engineering, procurement and construction (EPC) of tanks for Kuwait Oil Company‘s Jurassic Light Oil export facilities.
Denmark’s offshore wind expansion is poised to transform its clean energy system and strengthen its regional power role, with planned energy islands designed to transmit renewable electricity, connect neighbouring markets and convert surplus power into green fuels, according to GlobalData.
The Alliance to End Plastic Waste reduced 138,162 tonnes of unmanaged plastic waste and valorised 165,317 tonnes in 2025, while mobilising $641 million in funding since 2019. Its initiatives have also reached over 1.5 million people through education and behaviour-change programmes.
Vallourec and Aramco have signed a new agreement to deepen their commercial, industrial and technological cooperation, strengthening a partnership spanning nearly 65 years. The companies first collaborated in 1962, with Vallourec supplying VAM connections for Oil Country Tubular Goods pipes.
Germany’s power sector is set for major transformation as rising demand, rapid renewable growth and coal phase-out reshape the market. GlobalData forecasts renewables could reach 88 per cent of installed capacity by 2035, supported by new market reforms and investment.
