AGP Executive Report
Last update: 2 hours agoEnergy & Industry: Eni will keep using its semi-submersible Catarina in Indonesia until end-2026 after an amended contract with Searah (Eni-Petronas JV) covering the JKNE Upside-1 Dir well, adding $21.7m to Ventura Offshore’s backlog and keeping the rig busy into December. Energy Security: EU Commission published final terms for a €1bn industrial heat decarbonisation auction (IF26), with fixed premiums for up to five years and support for electrified, renewable and even nuclear tech. Oil & Gas Infrastructure: Adnoc selected consortia including Saipem (with L&T) and Tecnimont (with Technip Energies/JGC) for design work on a new 4 mtpa East Coast LNG facility in Fujairah to reduce Hormuz disruption risk. Tech & Consumer Markets: Alldocube expands its iPlay 80 mini Pro compact Android tablet (8.4-inch 90Hz, microSD, Android 16) to Amazon in Europe and the UK. Business & Finance: Eaton agreed to buy Italian COL Group for €810m (enterprise value). Trade & Policy: Italy’s nuclear comeback moves forward as parliament clears the path to restart nuclear power after nearly 40 years.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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