Lock Supplier Slots and Contract Mechanics for APAC EPC Pipeline

Home Fossil Energy Swedish firm gets nearly $105M order for subsea piece of Southeast Asian gas project June 10, 2026, by Alleima, a Sweden-headquartered manufacturer of high-value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating, has picked up a new multimillion-dollar assignment for subsea components that will be used to bring one of Indonesia’s major upcoming energy projects to life. FPU Jangkrik-01 works offshore Indonesia (for illustration purposes)

A portfolio of 19 blocks, encompassing 14 in Indonesia and five in Malaysia, is now part of Searah, the Eni–Petronas jointly controlled company, which combines the duo’s assets, technical know‑how, and financial capacity to support growth and reinforce their presence in Southeast Asia. The North Hub entails the drilling of 16 producing wells at water depths between 1,700 and 2,000 meters, and the installation of subsea systems linked to a newly built floating production, storage, and offloading (FPSO) capable

This equipment is made to carry hydraulic fluids and various chemicals to help the production of oil and gas, as well as communication between topsides facilities and the subsea infrastructure. SAF 2507 is perceived to be particularly well suited for high-pressure applications in deepwater environments, where long-term integrity and operational reliability are critical, thanks to its very high strength, fatigue and corrosion resistance

As part of Honeywell’s Experion PKS distributed control system network, Experion Cognition is designed to seamlessly integrate into existing control room environments

” The platform combines Honeywell’s decades of process automation expertise with AI models to proactively act on behalf of the operator to help resolve anomalies in the control room

Honeywell has introduced Experion Cognition, an AI-enabled control system platform designed to advance autonomous operations by making recommendations and automated decisions that optimise production and increase safety within industrial facilities. The live proof-of-concept was demonstrated at Borouge Group International AG’s Ruwais facility in Abu Dhabi, UAE

The Northern Territory Government has awarded a record $4

Round 19 of the Geophysics and Drilling Collaborations (GDC) program — part of the Resourcing the Territory initiative — will support 26 companies undertaking drilling, geophysical and geochemical programs spanning early-stage exploration through to near-development opportunities, with targets including copper, gold, rare earths, uranium and tungsten. Maley said the investment reflected the Territory government’s commitment to positioning the region as the country’s premier exploration destination

An additional $110,594 through the Territory Supplier Incentive will flow to local contractors and service providers across 14 projects, covering earthworks, drilling and laboratory analysis

“Searah is a strong new entity in Southeast Asia—the first and largest of its kind in the region—combining our expertise with that of Petronas to support the development of energy resources in Indonesia and Malaysia, with a strong commitment to environmental protection and local growth

These projects are said to hold nearly 10 trillion cubic feet (tcf) of gas initially in place (GIIP) and approximately 550 million barrels of associated condensate, with production expected to start in 2028 and reach a plateau of 2 bscfd of gas and 90,000 bpd of condensate by 2029

Home Fossil Energy Eni, Petronas give birth to Southeast Asia’s energy player with $20 billion five-year investment plan June 9, 2026, by Searah, a new 50/50 independent joint venture between Eni and Petronas combining key businesses across Indonesia and Malaysia, has been created as Southeast Asia’s new independent integrated energy company, with a portfolio of 19 gas-producing and development assets. Jangkrik-01; Source: Eni Searah was established just seven months after the signing of the investment agreemen