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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The demand for water and disposal services in the Permian Basin has piqued the interest—and investments—of companies eager to acquire existing pipeline infrastructure and saltwater disposal facilities to capitalize on the growing need.
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In a recent acquisition, H2O Midstream will own and operate Encana’s produced-water gathering system in Howard County, Texas, and will expand it to also serve third parties.
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While the collapse in oil price is reshaping opinions about the North American shale revolution and the outlook for oil producers, natural gas producers in the United States are in a somewhat different position
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Adapting to the New Normal in Oil and Gas Construction: How the Market Will Endure Growing PressuresIn February, President Obama vetoed legislation that would approve the construction of TransCanada’s Keystone XL Pipeline. The 7-year regulatory saga is emblematic of the regulatory and public relations burdens on US energy projects. With the rejection of the bill, the burden will grow.
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