Midstream
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.
Williams' acquisition of Momentum Midstream creates a larger, more connected Gulf Coast gas network capable of meeting surging demand from LNG export facilities, power generators, and industrial users.
Barzan plant explosion that killed 13 and injured 66 occurred 2 days after production was restarted following a scheduled shutdown in December for routine maintenance.
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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.
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The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
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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.
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Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
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Texas GulfLink now turns to satisfying licensing conditions for the export terminal.
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The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.
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The acquisition will add water infrastructure in both the Midland Basin of west Texas and the Williston in North Dakota.
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The new partnership assets include pipelines in Pennsylvania, Ohio, and West Virginia serving the Marcellus and Utica shales.
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The deal expands ONEOK’s gas transmission and processing footprint in the Permian, Louisiana, and Oklahoma.
