CRC Evans, a specialist in welding and coating solutions for energy and infrastructure projects, has announced a major investment in a new 90,000 sq ft facility in Burnley, UK. The site will be one of the largest end-to-end specialty welding, coating and engineering hubs across the EMEAA region.
ITT has finalised its $4.775 billion acquisition of SPX FLOW, a supplier of engineered equipment and process technologies for industrial, chemical, energy, nutrition, health, and personal care sectors, funded via cash and equity.
Forum Energy Technologies (FET) has secured a contract from long-term client DOF to supply four of its remotely operated vehicles (ROVs), the XLX EVO III. The agreement, signed in August 2025, schedules deliveries in April, June, July and August 2026, with the first two vehicles set to be mobilised in Singapore.
Global geothermal power capacity could almost double to nearly 14 GW in the next decade, as technological advances and streamlined permitting make geothermal a more viable and sustainable baseload alternative to fossil fuels, according to Global Energy Monitor (GEM) Global Geothermal Power Tracker.
Clariant has announced a strategic collaboration with Vertimass to accelerate the development and commercialisation of advanced zeolite catalysts for the catalytic conversion of biobased alcohols using Vertimass’ Consolidated Alcohols Deoxygenation and Oligomerisation (CADO) process.
Adnoc confirms ongoing operations amid regional disruptions, activating safety protocols, managing offshore production, using alternative export routes, maintaining onshore activities, and proactively communicating with customers to ensure supply continuity and protect people, assets, and facilities.
Considering the ongoing aggression by Iran against Kuwait, including threats against the safe passage of ships through the Strait of Hormuz, Kuwait Petroleum Corporation (KPC) has implemented a precautionary reduction in crude oil production and refining throughput.
QatarEnergy is offering for lease 10 liquefied natural gas tankers currently located outside the Strait of Hormuz, said a report. These include at least four Q-Flex tankers with a 210,000 cu m capacity, which are able to carry up to 50% more volume than conventional LNG tankers mainly used for export to Europe or Asia.
VITO Energy Engineering and Construction Co has recently commenced the execution of a multi-disciplinary construction scope within the North Field expansion project in Qatar.
SABIC has announced the retirement of its CEO and Executive Member of the Board, Abdulrahman Al-Fageeh, effective April 1, 2026.
