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.
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.
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.