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The EIC delivers high-value market intelligence to members through its online energy project database, and via a global network of staff who work in-the-field to provide qualified regional insight.
Along with practical assistance and facilitation services, the EIC's access to information keeps members one step ahead of the competition in a demanding global marketplace.
The EIC is the leading Trade Association providing dedicated services to help members understand, identify and pursue business opportunities globally. Established in 1943, the EIC is a not-for-profit organisation with a membership of over 650 UK-registered companies who deliver goods and services to the energy industries worldwide. Source
Global energy technology firm SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative. This agreement marks SLB as the first technology partner selected for KOC’s flagship programme, which aims to address strategic upstream technical challenges through collaboration across industry and academia.
Masdar has officially commenced construction on a 1GW wind farm in the Zhambyl region of Kazakhstan. Representing a US$1.4bn investment, the facility stands as one of Central Asia's largest integrated wind and battery projects. The development features a 600MWh battery energy storage system (BESS) to reinforce grid stability, alongside the installation of more than 400km of overhead transmission lines.
Abu Dhabi National Oil Company (ADNOC) has launched the tendering process for a major engineering, procurement and construction (EPC) package for its onshore Bab Gas Cap development. Estimated at US$8bn, the scope involves building at least two processing trains. Following the recent award of the concession agreement, ADNOC retains a 60% operating interest in the project. The remaining equity is distributed among international partners.
Speciality chemical company Clariant has deployed its low-dosage hydrate inhibitor, HYTREAT ECO, across offshore fields in the UK and Norway. The technology complies with strict OSPAR regulations while ensuring flow assurance in subsea production systems. Operators typically rely on high volumes of methanol or monoethylene glycol to prevent hydrate blockages.
Oceaneering International has commenced a six-month, multi-discipline offshore survey campaign for an undisclosed operator. Utilising the recently upgraded Ocean Intervention II vessel, the programme encompasses operations offshore Trinidad and the US Gulf of Mexico. The initial four-month phase in Trinidad involves 2D and 3D seismic data acquisition, high-resolution seabed mapping and geotechnical investigations.
Romanian utility provider Electrica, through its subsidiary New Trend Energy, has finalised an engineering, procurement and construction (EPC) contract valued at approximately €27.9m for the Satu Mare 3 solar project. Located near the Doba commune in Satu Mare county, the development involves the construction of a 62.5MW photovoltaic farm and an associated 110kV transformer substation.
DeepOcean has been appointed by BP to decommission and recycle subsea infrastructure at the Foinaven field, located on the UK Continental Shelf. Operating from Aberdeen, the Norwegian contractor will utilise a subsea construction vessel to deliver the offshore operations. The scope covers the extraction of 10 flexible process risers, three dynamic umbilicals and one static umbilical from the former floating production storage and offloading (FPSO) vessel location.
Clean energy developer Pattern Energy Group has commenced full commercial operations at the SunZia renewable energy project. The development features a 3.65GW wind facility in New Mexico coupled with a 550-mile high-voltage direct current (HVDC) transmission line routing power to Arizona and the wider western US grid. Initiated in September 2023, the infrastructure asset is now delivering electricity sufficient to supply roughly 1m households.
French manufacturer Nexans has officially commissioned the Nexans Electra, a €300m cable lay vessel built to service large-scale offshore wind farms and high-voltage direct current (HVDC) interconnectors. Constructed by Norway's Ulstein Group, the ship is equipped with hybrid power systems and possesses a 13,500-tonne subsea cable payload capacity. The vessel’s maiden deployment involves laying subsea infrastructure for TenneT’s BorWin grid connection in the German North Sea.
Norwegian operator Equinor has unveiled an updated corporate strategy, targeting a production increase to 2.3m barrels of oil equivalent per day (boe/d) by 2030. To reach this milestone, the firm expects to invest between US$11bn and US$13bn annually from 2028 to 2030. Capital expenditure will be heavily weighted towards the Norwegian Continental Shelf (NCS), absorbing approximately 60% of the budget.