Pile Foundation Works Completed for Baihushan LNG Storage Base in Wuhan
The pile foundation works for Phase 1 storage tanks of the Wuhan Baihushan LNG Storage and Distribution Base have been completed, with all 304 cast-in-place piles passing quality inspection and 99% rated as Class I. The project has a planned total gas storage capacity of 216 million cubic meters and a daily emergency peak-shaving capacity of 7.2 million cubic meters, and will become a leading natural gas storage hub in the middle reaches of the Yangtze River once completed. The milestone supports the 'Gasification of the Yangtze River' strategy and strengthens natural gas supply security in Central China.
CNOOC Names 'Lü Neng Chuan', First Vessel of Phase 2 LNG Carrier Program
On 4 August, 'Lü Neng Chuan', the first vessel of Phase 2 of CNOOC's long-term FOB LNG carrier construction program - China's largest LNG carrier building project - was named and delivered at Changxing Island, Shanghai, marking the seamless handover from Phase 1. The carrier will support the backhaul of CNOOC's overseas LNG resources, further safeguarding China's natural gas import transport capacity.
ExxonMobil Awards LOI to McDermott for Rovuma LNG Project
ExxonMobil Moçambique, on behalf of the Area 4 partners, has awarded a letter of intent to McDermott covering limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development, supporting further project definition and planning ahead of an expected final investment decision in 2026. The onshore development is expected to include 12 modular liquefaction trains with a capacity of 18.6 million tonnes per year, with start-up anticipated in 2031. The project is ExxonMobil's largest single investment.
Williams to Acquire Momentum Midstream for Up to US$5.5 Billion
Williams has agreed to acquire Momentum Midstream in a transaction valued at up to US$5.5 billion, comprising approximately US$3.5 billion in cash and debt plus roughly US$2 billion in Williams equity, expanding its integrated natural gas infrastructure platform. Momentum holds more than 4,000 miles of pipeline in the Haynesville basin with a combined capacity of 6 billion cubic feet per day. The acquisition also launches two expansion projects - the US$1.5 billion Delta Access project and the Shelby Trough Connector - to serve growing Gulf Coast LNG and power demand.
Golar LNG Secures US$600 Million Revolving Credit Facility
Golar LNG has closed a new US$600 million senior secured revolving credit facility (RCF), strengthening its balance sheet flexibility and supporting further floating LNG growth. The facility is secured by Golar's investment in an MKII FLNG currently being converted in China to serve a 20-year contract with Southern Energy S.A. in Argentina. The facility received strong backing from a consortium of banks including ABN AMRO, Citibank, Danske Bank and Standard Chartered.
DEPA Completes First LNG Delivery to Bulgaria's Bulgartransgaz
DEPA Commercial has completed the supply of 500 GWh of LNG to Bulgaria's Bulgartransgaz at the Alexandroupolis FSRU, marking the first delivery under the contract. The delivery helps Bulgaria diversify its natural gas import sources, reduce dependence on a single pipeline supplier, and enhance energy supply security in Southeast Europe.
ECOnnect Energy Secures LNG Terminal Contract for the Bahamas
ECOnnect Energy has signed an agreement with New Providence Gas Ltd to deliver an IQuay C-class floating LNG import terminal for the Bahamas. The terminal will provide natural gas supply to support local power generation and industrial demand, representing a significant step in the country's energy infrastructure development.
Xiangxi Prefecture Adopts 'Five-in-One' Approach to Solve Rural Water Access
Xiangxi Prefecture in Hunan Province has developed a 'Five-in-One' water management model combining storage, diversion, pumping, renovation and governance to address seasonal water scarcity. In the first half of the year, it completed reinforcement works on 20 reservoirs and dredging of 375 ponds, adding 2.93 million cubic meters of storage capacity. A total of 44 of 116 rural water supply projects have been completed, resolving water shortages for 23,000 residents, with 123 water projects attracting investment of RMB 756 million.
World Bank Approves US$268 Million to Expand Water and Sanitation Access in the Philippines
The World Bank Group has approved a new project to expand climate-resilient water supply, storage and distribution networks in the Philippine islands of Bohol, Siargao and Jolo. The project has a total cost of US$268.62 million, of which the World Bank is expected to finance US$250.87 million. It is projected to generate around 46,500 jobs over 25 years, and is the first comprehensive project in the Philippines covering the full range from water source development to sanitation services.
France's AFD to Provide US$97 Million for Jordan's National Water Carrier Project
Jordan's Cabinet has approved a US$97 million financing agreement with the French development agency AFD to support financial close of the National Water Carrier (AAWDC) project, along with arrangements to connect the project to the national power grid. The project, with a capital cost of approximately US$4.3 billion, is designed to desalinate 300 million cubic meters of water per year and convey it through a 450-kilometer pipeline. Scheduled to become operational by 2030, it is expected to supply about 40 percent of Jordan's drinking water needs.
ACCIONA Completes Refurbishment and Extension of Tróia WWTP in Portugal
ACCIONA has completed the refurbishment and extension of the Tróia wastewater treatment plant in Grândola, Portugal, serving the TROIARESORT tourism and residential complex, and will also operate and maintain the plant for the first six months. The upgraded plant serves a population equivalent of 16,500 with an average flow of 4,356 m³/day, and incorporates membrane bioreactor (MBR) technology to produce regenerated water for irrigation of golf courses and green areas.
Afcons Awarded INR 1,918 Crore Desalinated Water Tunnel Project in Mumbai
Afcons Infrastructure has received a Letter of Acceptance from the Brihanmumbai Municipal Corporation to design and construct a desalinated water conveyance tunnel from Manori to Mahavir Nagar in Mumbai. Valued at INR 1,918 crore including GST and O&M, the project aims to enhance Mumbai's water supply, drawing on Afcons' experience with similar water infrastructure projects in India and Africa.
Veolia Leads Barcelona's €1 Billion Metropolitan Water Tender
The Barcelona Metropolitan Area (AMB) has entered the decisive phase of a 25-year concession to supply drinking water to eight municipalities serving around 230,000 people, with an estimated contract value of €1.078 billion excluding VAT. Veolia leads the competition with a maximum technical score and a 60% discount on investment unit prices, while three other bids have been flagged for presumptively abnormally low prices. A final decision is expected from the Metropolitan Council in September.