ExxonMobil Mozambique Limitada has awarded a Letter of Intent to the SMDC joint venture for the midstream execution of the Rovuma LNG Phase 1 project. Comprising McDermott, Saipem, Daewoo Engineering & Construction and CPECC, the consortium will perform initial design, procurement and constructability tasks. The $18.6\text{ million tonne}$ per year facility targets a Final Investment Decision in 2026, ahead of scheduled 2031 commercial operations.
ADNOC has partnered with SLB to deploy an artificial intelligence platform across more than 120 drilling rigs. The Real-Time Operations Center integrates live data from onshore and offshore assets into a centralised environment. Designed to streamline upstream monitoring, the digital system enables engineers to manage up to three times more rigs, reduces incident response times by several hours and helps prevent costly operational downtime.
L&T Energy Hydrocarbon Offshore (LTEH Offshore) has won an ultra-mega contract from ADNOC Offshore for a major Middle East project. Acting as lead partner in a consortium, LTEH Offshore will manage the engineering, procurement, construction, installation and commissioning (EPCIC) of new offshore facilities alongside existing site upgrades. Fabrication work will take place across L&T yards, reinforcing its long-standing presence in the region's energy sector.
Galvanize Real Estate has entered the Massachusetts market by acquiring the 360,000-square-foot Liberty Logistics Portfolio in Greater Boston. The three-building purchase expands the firm's US footprint to 3.2 million square feet. The company plans to modernise and decarbonise the assets through solar power, electrification and battery storage, aiming to reduce onsite emissions by 104%.
Brookfield and Bloom Energy have expanded their power partnership for AI infrastructure to $25 billion, a fivefold increase since October 2025. Funded through Brookfield’s $100 billion AI Infrastructure Fund, the global initiative will scale Bloom's onsite fuel cell platform. The collaboration aims to deliver integrated power and compute solutions for hyperscalers and data centres.
World Environment Day is a prompt. What matters is everything before it. From Asia-Pacific real estate to European hotel groups, and a landmark EU directive that came into force this month, we look at the organisations and governments proving that sustainability has moved from the edges of the built environment to its centre.
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