Williams has completed its acquisition of Momentum Midstream in a transaction valued at approximately $5.5 billion, expanding the natural gas infrastructure company’s position in the Haynesville basin and strengthening its ability to connect growing supplies with demand along the US Gulf Coast. The transaction comprises approximately $3.5 billion in cash and debt consideration and around $2 billion in Williams equity. The acquisition significantly expands Williams’ infrastructure footprint in the Haynesville, one of the United States’ key natural gas producing regions. Momentum’s assets include more than 4,000 miles of pipelines, over 1 million dedicated acres and approximately 6 Bcf/d of gathering capacity. The acquired platform also incl…

Sempra Infrastructure, a subsidiary of Sempra, has announced a 20-year sales and purchase agreement (SPA) with Petrobras under which it will supply approximately 0.8 million tonnes per annum (Mtpa) of liquefied natural gas (LNG). The LNG will be sourced from Sempra Infrastructure’s contracted liquefaction capacity at the Port Arthur LNG Phase 2 project, currently under construction in Jefferson County, Texas. Justin Bird, CEO of Sempra Infrastructure, said the agreement marks an important milestone for the company’s growing LNG business and establishes Petrobras as the first South American company in its LNG customer portfolio. He added that the long-term agreement strengthens Sempra Infrastructure’s strategic relationship with one of the w…

Wood has secured a new $200 million, five-year contract from ExxonMobil PNG (EMPNG) to provide construction services for the ExxonMobil-operated PNG LNG Project in Papua New Guinea. The contract will support brownfield project delivery across several key facilities, including the Hides Gas Conditioning Plant, the LNG plant at Caution Bay, approximately 700 kilometres of pipeline network, as well as associated well pads and flowlines. The work is intended to support the safe, reliable and efficient operation of infrastructure supplying LNG to customers across Asia. More than 200 Wood personnel in Papua New Guinea will be involved in delivering the contract. Their scope of work will include project management, civil and structural constructi…

CB&I and AG&P Industrial have completed and commissioned two 60,000m³ full-containment liquefied natural gas (LNG) storage tanks at the LNGPH Ilijan LNG Facility in the Philippines, marking a significant milestone for the country’s LNG infrastructure development. The project is the first large-scale onshore LNG storage facility in the Philippines and features CB&I’s all-steel full-containment LNG tank technology. Under its agreement with AG&P Industrial, CB&I deployed a design that uses 9 percent nickel steel for both the inner and outer tanks, rather than the reinforced concrete outer walls typically used in conventional full-containment LNG tanks. The design was developed to meet applicable LNG industry technical and s…

The US Department of Energy (DOE) has reached financial close on a loan of up to $1.9 billion to support NextEra Energy’s planned restart of the Duane Arnold Energy Center in Iowa. The financing, provided through the DOE’s Office of Energy Dominance Financing, represents a significant step towards returning the 615-MW nuclear facility to service. The project is expected to restore Iowa’s only nuclear power plant and provide additional round-the-clock generation to the regional electricity grid. NextEra Energy announced plans last year to restart the Duane Arnold Energy Center no later than the first quarter of 2029, subject to regulatory approvals. The company is undertaking a programme covering regulatory requirements, operational readine…