Midstream
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of 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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Oil major boosts its initial offer for transmission assets.
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Massive Russian Baltic Sea gas export line faces scrutiny, sanctions from the West.
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Transmission firms say that future-proofing the pipeline network will assist the transition to a green economy.
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The panel's chairman said it will renew its commitment to review equity concerns related to new energy projects.
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The Nord Stream 2 consortium is laying pipe in Danish waters despite US sanctions. A deal is anticipated that will allow the pipeline to be built if Germany defends Ukraine’s interests as a transit state for Russian gas.
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Europe’s gas pipeline wars are in a muddle as the US throws its support to the EastMed project to supply Israeli gas to Italy, transiting Greece and Cyprus; while at the same time the US is sanctioning the Russian-German Nord Stream 2 pipeline, which is already 90% complete.
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The decision to cancel the nearly 1,200-mile-long project comes less than a year after construction began and is being met with disappointment on both sides of the US-Canadian border. A 60-day halt on new permits for onshore an offshore US federal areas has also been ordered.
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The Norwegian provider of pipeline safety and technical verification services announced its withdrawal after actions taken by US lawmakers this month.
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Operators of unconventional plays face a conundrum—how to dispose of produced water economically without risking seismicity or aquifer contamination. A recent paper and virtual forum offer ideas for optimizing saltwater disposal.
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Breakwater’s produced-water-recycling facility has the flexibility to recycle, store, or dispose of water. It has already recycled nearly 5 million bbl of produced water in the third quarter of 2020.