Midstream
Despite a 2.8% drop in LNG exports in 2025 due to lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, east coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf.
Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030–2031.
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The Gorgon Phase 3 project aims to counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia. -
The Denver-headquartered shale producer will become a pure-play operator of the Marcellus Shale in West Virginia.
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DTEK has delivered its first US-sourced LNG shipment through Lithuania to supply Ukraine and neighboring countries this winter.
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In lifting force majeure, TotalEnergies says it will restart construction on its Mozambique LNG project as soon as the government agrees to a revised budget and schedule that targets shipping first product in 2029.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
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The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption.
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Nitzana will enable Israel to double gas exports to Egypt from the giant Leviathan gas field in the Eastern Mediterranean.
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As LNG projects sanctioned earlier this decade come onstream, a shortage of new final and pre-final investment decisions threatens to leave the project pipelines dry at a time when global LNG demand is forecast to surge over the next 15 years.
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While militant attacks halted construction at Mozambique’s onshore megaprojects, Eni began LNG exports using a floating production strategy, which now serves as the foundation for its ongoing development.
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