Midstream
As Egypt’s largest oil and gas investor, Eni is ramping up its 2026–2027 drilling campaign with new investments cross the Mediterranean offshore, Nile Delta, Western Desert, and offshore Sinai to strengthen the country’s role as a regional gas and LNG export hub.
The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
ExxonMobil’s Letter of Intent to begin preliminary engineering and procurement work for Mozambique’s Rovuma LNG project bridges the development to a final EPC contract, which Area 4 partners are expected to award following an FID anticipated by year-end 2026.
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Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.
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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.