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Market update 29 October 2026 — Pipelines, Energy, Boron

What moved recently in Pipelines, Energy, Boron — every item with source and date. Researched and checked by Zeynah.

The news

What happened

Pipelines

Eni awards key contracts for the Cronos gas field offshore Cyprus

Eni has signed the EPC and drilling contracts for Cronos in Block 6, covering offshore sealines, a subsea production system, flexible lines, umbilicals and an onshore line among others, with production expected to start in 2028.

Source: Rigzone · dated

Energy

Great Sea Interconnector: survey vessel for the Crete–Cyprus cable route arrives in Heraklion

The Abeille Marengo is to survey and sample the seabed along the planned route from Korakia, carried out by Next Geosolutions on behalf of Nexans, but is still waiting for the NAVTEX notice.

Source: Greek City Times (AMNA) · dated

Boron

Ioneer: boric acid market reaching balance earlier than expected

According to Ioneer's quarterly report, the boric acid market is approaching balance earlier than forecast, with Chinese imports of 217,000 tonnes through July 2026 and the closure of Searles Valley Minerals as a supply factor.

Source: Ioneer Ltd, Form 6-K (StockTitan) · dated

Context

What this means for procurement and projects

Derived from the items above — not a forecast.

The project moves into execution and creates demand for pipelines, subsea equipment, installation and supply services in Cyprus and Egypt.

The seabed survey is a preliminary step to cable laying and concerns cable manufacturing, installation and grid connection between Greece and Cyprus.

Tighter supply and rising import demand from China point to a need for additional supply volumes of borates and boric acid.

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