Latest Asset Integrity News

SRJ Technologies has secured a US$1.234 million purchase order for an LNG controls upgrade supporting a Middle Eastern National Oil Company. The award adds revenue across FY26 and FY27 while giving SRJ a less site-dependent route to build its Gulf credentials.

RemSense Technologies reported a 27% revenue decline in FY2026 to $2.49 million due to project timing and economic uncertainty but secured major Tier-1 contracts and raised $1.21 million to fund technology development.

Viva Energy posted a robust half-year profit of $452 million, powered by soaring refining margins and resilient retail and industrial sales, while managing a significant fire at its Geelong Refinery.

SRJ Technologies has transitioned from contract awards to operational delivery in the Middle East, supported by a recent A$2.57 million capital raise and a strategic partnership with robotics OEM Nexxis.

Duratec has landed approximately $70 million in contracts spanning energy, marine, and mining sectors, notably winning a construction management role at Orica’s Hunter Valley Hydrogen Hub.

SRJ Technologies has started delivering services under two major Middle East contracts, marking the transition from agreements to revenue-generating operations with AD Ports Group’s Divetech and Dubai Petroleum.

SRJ Technologies' subsidiary ACE inks a strategic MOU with Australian robotics leader Nexxis, aiming to combine cutting-edge robotic platforms with advanced data analytics to enhance asset inspections in the energy sector.

RemSense Technologies has won a third contract to deploy its virtualplant digital twin platform at an offshore facility operated by a Tier 1 oil and gas company, reinforcing its foothold in energy sector digitalisation.

SRG Global has locked in $1.85 billion in contracts across multiple sectors and upgraded its FY26 EBITDA guidance to the top end of $168 million, while initiating FY27 guidance between $190 million and $200 million, surpassing market expectations.

Marimaca Copper Corp. reported a robust cash position of $147.7 million in Q1 2026, driven by a C$409 million equity raise, supporting ongoing development of its Marimaca Project in Chile.

SRJ Technologies has secured A$2.57 million in a placement to fund execution of its Middle East contracts valued at approximately US$23.3 million, with revenue expected from Q2 2026.

GR Production Services secures a five-year $57 million operations and maintenance contract at the Sturt Plateau Compression Facility in the Northern Territory's Beetaloo Basin, with potential extension for three more years.