Align Procurement Plans for Incoming Large-Scale LNG and Offshore Capacity

The Rovuma LNG project is estimated to cost around $30 billion

Home Fossil Energy $30 billion LNG project nears FID: Saipem confirms preliminary award shortly after McDermott August 7, 2026, by Following a project update from its joint venture partner, McDermott, Italy’s engineering, drilling, and construction services giant Saipem has corroborated the progress made in moving forward with the next phase of one of Africa’s most closely watched liquefied natural gas (LNG) developments, as new activity signals continued momentum toward a final investment decision (FID) for Moz

The letter of intent covers limited preliminary engineering and procurement activities, aimed at advancing project definition and execution planning for an initial value of $32 million. The final award of the engineering, procurement and construction (EPC) contract to the SMDC joint venture is subject to positive FID by the Area 4 deepwater block partners and receipt of the necessary government and regulatory approvals, which is expected within 2026

August 7, 2026, by China’s ZTT Submarine Cable & System has launched Lan Hai Ling Hang, a new self-propelled cable-laying vessel (CLV) for offshore wind and subsea power interconnection cabling work

August 7, 2026, by China’s ZTT Submarine Cable & System has launched Lan Hai Ling Hang, a new self-propelled cable-laying vessel (CLV) for offshore wind and subsea power interconnection cabling work. CLV Lan Hai Ling Hang; Image: video screenshot (ZTT) According to the company, the vessel is equipped with a 16,000-ton cable carousel, a DP2 dynamic positioning system and a dual-cable laying system, allowing it to operate in far-offshore and deepwater environments

With a 16,000-ton cable-carrying capacity, Lan Hai Ling Hang has an annual installation capability of more than 1,000 kilometers. View post tag: cable-laying vessel View post tag: ztt

“The high-grade copper intervals intersected at Iris are particularly encouraging as they suggest the potential for plunging high-grade shoots within the broader 1. 5-kilometre zone of mineralisation, similar to the high-grade shoots at Jericho

AIC plans to continue drilling at both Iris and Eloise South during the current field season as it advances exploration around the Eloise mine. “These are outstanding results and reflect the exploration team’s growing understanding of the regional controls on copper and gold mineralisation across the Eloise district,” Colleran said

This strengthens our confidence that Iris is one of the highest-priority exploration targets within our Eloise Regional exploration portfolio

Barton Gold has completed its 39,000m phase 2 drilling campaign at the Tunkillia gold project in South Australia, with the program aimed at upgrading the project’s JORC resource classifications as the company advances a pre-feasibility study (PFS). The five-month campaign comprised 38,760m of reverse circulation (RC) and diamond drilling across 311 holes, bringing the combined phase 1 and Phase 2 drilling total to 57,653m over 520 holes

Alongside the drilling program, Barton has commenced a PFS for Tunkillia, with GR Engineering Services leading the work. The study is expected to be completed during the first quarter of calendar year 2027 and will build on the project’s optimised scoping study, which outlined annual production of approximately 120,000 ounces of gold and 260,000 ounces of silver

Barton Gold has completed its 39,000m phase 2 drilling campaign at the Tunkillia gold project in South Australia, with the program aimed at upgrading the project’s JORC resource classifications as the company advances a pre-feasibility study (PFS)