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.
-
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.
-
Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
-
Strathcona doubles down on heavy oil—sells Montney assets for nearly CAD 3 billion, grabs Canada’s top crude-by-rail hub, and sets sights on MEG Energy in bold growth move.
-
Situated at the entrance to the Persian Gulf, Marsa LNG will anchor the Middle East’s first bunkering hub when it drops its first product in 2028.
-
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
-
The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.
-
Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
-
Texas GulfLink now turns to satisfying licensing conditions for the export terminal.
-
The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.
-
The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.