Energy Transfer to Acquire Vaquero Midstream for $2.625 Billion, Adding the 675 MMcf/d Caymus Gas Processing Complex in the Delaware Basin

2026-10-08 US midstream company Energy Transfer LP announced on 6 October 2026 that it will acquire Vaquero Midstream LLC, a natural gas gathering and processing business in the Delaware Basin, for about $2.625 billion. The company described the deal as a bolt-on transaction. Consideration is $1.95 billion in cash and about 33.3 million newly issued […]

Hyundai Engineering Completes Phase 1 of Saudi Arabia’s Jafurah Gas Processing Facilities, Valued at USD 1.65 Billion

A consortium of Hyundai Engineering and Hyundai Engineering & Construction has completed Phase 1 of the gas processing facilities at Saudi Arabia’s Jafurah gas field in the country’s Eastern Province, SaudiGulf Projects reported on September 16, 2026. This completion is a separate project from the previously reported Jafurah gas compression EPC (Engineering, Procurement and Construction) […]

ADNOC Gas Awards $8.2 Billion in EPC Contracts for Rich Gas Development Phases 2 and 3

ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has selected China’s Wison Engineering and Italy’s Tecnimont (part of the MAIRE group) as EPC (Engineering, Procurement and Construction) contractors for Phase 2 and Phase 3 of its Rich Gas Development (RGD) program, respectively. It is reported that the combined value of the two […]