International Projects Magazine, February 2026

Welcome to our new International Projects Magazine, designed to provide a concise and user-friendly update to people working on international construction projects on the latest legal and contractual developments.

In this edition:

• Michael Sergeant and Nicholas Viljoen analyse how variations are valued under the FIDIC Red and Yellow Books.
• Nick Longley and Nick Watts answer the key questions in relation to the construction sector in Indonesia.
• Simon Bellas and Stephanie Yu explore the ongoing tensions between the key drivers of delay and cost escalation in megaprojects versus key mitigation and improved project delivery strategies.
• Tom Hutchison and James Stewart examine the rapid global growth of LNG markets and consider the headline risks to LNG projects.
• Daniel Johnson and Henry Proto explore how ground risk is allocated under construction contracts.