NEWS
DATA
LINK
SERVICES
LOGIN / REGISTER
Pipeline Technology Journal
Established in
2015
Located in
Frankfurt, Germany
News Coverage
OIL GAS
Advertise your business here! 🚀
Contact us now and get more customers.
Advertise With Us
10
PTJ Publishers' Articles
Filter by
Country
Status
Year
View by
Pipeline Technology Journal
Oneok Completes Acquisition Of Delaware Basin Jv Pipeline System For $940 Million
American oil and gas midstream operator, ONEOK Inc., has acquired the remaining interest in the Delaware Basin pipeline system, gaining complete control of the infrastructure. The company said Tuesday, May 3, 2025, it acquired the remaining 49.9% stake in pipeline owner Delaware G&P LLC, also known as the Delaware Basin JV, from NGP XI Midstream Holdings for $940 million. This consisted of $530 million in cash and ONEOK common stock worth $410 million. Delaware Basin JV owns natural gas gathering pipelines and processing facilities with a daily processing capacity of over 700 million cubic feet of gas. The company’s gas gathering and processing infrastructure is mainly located in the Delaware Basin in West Texas and New Mexico. With the transaction completed on May 28, 2025, the Tulsa-based S&P 500 company remains the sole owner of the Delaware Basin JV pipeline. The pipeline infrastructure will add to ONEOK’s existing network, which spans over 60,000 miles (96,560 kilometres), transporting natural gas liquids, crude oil, and refined products.
oil-gas
Jun 05, 2025
Pipeline Technology Journal
Five Point Explores Sale Of Northwind Pipelines For Over $2 Billion
Five Point Infrastructure, the private equity owner of Northwind Midstream pipeline, is exploring a sale of the Permian Basin gas infrastructure operator in a deal that could value the company upwards of $2 billion, including debt, according to people familiar with the matter. Five Point is currently collaborating with investment bankers at Piper Sandler on the potential divestiture. However, the process is still in its nascent stages, with initial overtures already made to prospective buyers. Industry observers anticipate interest from both midstream companies and other private equity and infrastructure funds, with anonymous sources cautioning that there is no certainty a deal will materialize, adding that any eventual agreement could be finalized at a different valuation. Northwind Midstream was established by Five Point in 2022. Since its inception, the company has developed a network of pipelines, compressor stations, and a treatment facility in the northern Delaware Basin, primarily in New Mexico. The potential sale of Northwind highlights a trend among private equity firms seeking to divest energy infrastructure assets built to support the burgeoning U.S. shale production. Increased deal-making activity in the sector is being driven by publicly traded pipeline operators looking to expand their capabilities after years focused on debt reduction and stock price improvement. Competition for these assets is further fueled by strong interest from investment firms, which have raised billions to acquire energy infrastructure, drawn by the stable returns offered through oil and gas transportation fees.
oil-gas
May 21, 2025
Pipeline Technology Journal
Mozambique & Zambia Ink $1.5 Billion Pipeline Deal To Boost Fuel Transport
Mozambique and Zambia have signed a memorandum of understanding (MoU) to construct a landmark pipeline between the two countries to transport refined petroleum products. The agreement, announced on May 7 by the Mozambican President Daniel Chapo, was signed on the sidelines of the Mozambique Mining and Energy Conference (MMEC), an event gathering industry experts, regional government officials, and other stakeholders, will see the two countries jointly build a major pipeline project estimated to cost $1.5 billion. When completed, the project is expected to significantly reduce the reliance on truck transportation for fuel to landlocked Zambia, a move anticipated to ease road traffic and potentially lower transport costs. Speaking at the opening of the 11th Mozambique Mining and Energy Conference in Maputo, President Chapo stated the pipeline will have an annual capacity of 3.5 million metric tons, connecting the Mozambican port city of Beira to Ndola, a major urban center in Zambia. The comprehensive plan for the pipeline includes the development of necessary storage infrastructure at both the origin and destination points. President Chapo highlighted the project as a testament to Mozambique's "credibility, security, and reform" efforts in attracting private sector investment to stimulate the nation's economy. He added that such milestones underscore the strength of Mozambique's natural resource reserves.
oil-gas
May 19, 2025
Pipeline Technology Journal
Uae Joins Funding For $25 Billion Nigeria-Morocco Gas Pipeline
The United Arab Emirates has agreed to help finance the estimated $25 billion project to build a natural gas pipeline stretching from Nigeria to Europe via Morocco. Leila Benali, the Minister of Energy Transition and Sustainable Development, informed the Moroccan parliament last week that the UAE would contribute to the ambitious project's funding alongside other financing partners, including the European Investment Bank (EIB), the Islamic Development Bank (IsDB), and the OPEC Fund. Morocco has completed all preliminary feasibility and engineering studies for the pipeline, Benali said in comments reported by Moroccan media over the weekend. The planned pipeline spans nearly 5,660 kilometers (about 3,517 miles), starting from the southern Moroccan city of Dakhla, connecting with the Nigerian gas network and extending northward to link with markets in Europe. The route is expected to traverse 15 African countries. Benali also confirmed that China's Jingye Steel Group has been awarded a contract to supply the pipes for the project. Last month, Morocco and Nigeria agreed to create a joint venture to oversee the management of the planned intercontinental pipeline, a significant step forward for the long-discussed energy infrastructure project.
oil-gas
May 07, 2025
Pipeline Technology Journal
Friedrich Vorwerk Group Wins Contract For New 61Km Section Of South German Gas Pipeline
Friedrich Vorwerk Group SE, a leading energy infrastructure provider, announced Monday it has been awarded a significant gas pipeline contract. As part of a consortium to construct another section of the South German Natural Gas Pipeline (SEL), the group will be working on the new segment, which spans approximately 61 kilometres. This latest award, valued in the low three-digit million-euro range, brings the total length of pipeline sections under contract for the joint venture to 128 kilometers. The consortium includes Friedrich Vorwerk and Bohlen & Doyen from the Friedrich Vorwerk Group, alongside PPS Pipeline Systems and HABAU from the Austrian HABAU Group. Work on the newly contracted third section is slated to begin in summer 2025 and will partially overlap with construction on the second section, which is already underway. The total project volume for the consortium across all three sections is now in the mid-three-digit million-euro range. The 250-kilometer SEL, planned by transmission system operator terranets bw, is a major pipeline initiative in Germany, stretching from Lampertheim in Hesse to Bissingen in Bavaria. It is designed to enhance the security of heat and electricity supply by connecting modern gas-fired power plants to the existing grid, supporting the phase-out of coal power. Crucially, the SEL is planned to transport hydrogen starting in 2030, making it the first pipeline in the state with a connection to European transport routes capable of carrying the future clean energy carrier. This development is expected to significantly contribute to a carbon-neutral energy supply for the Rhine-Neckar region and the greater Stuttgart area, with the pipeline being built in phases based on future demand. Following the award of these three sections, the remaining portions of the SEL are expected to be tendered in the coming years to connect new gas plants and the planned 9,000-kilometer national hydrogen core network.
oil-gas
May 06, 2025
Pipeline Technology Journal
Spain Unveils Plan For Europe'S Largest Hydrogen Pipeline Network Spanning 2,600 Km
Spain's energy operator Enagás has officially launched the public participation plan for the country's ambitious hydrogen backbone network, a sprawling infrastructure project poised to become Europe's largest of its kind. Unveiled at the National Hydrogen Centre in Puertollano, Castilla-La Mancha, the announcement marks a pivotal moment in Spain's strategy to position itself as a leading continental hydrogen hub. The proposed network will span 2,600 kilometers, reaching 13 autonomous communities and connecting more than 550 municipalities across Spain. Recognized by the European Union as a Project of Common Interest (PCI), the hydrogen backbone has already secured over 75 million euros ($80.5 million) through the EU's Connecting Europe Facility. This substantial backing underscores Brussels' view of Spain's potential to anchor Europe's future hydrogen economy, linking renewable energy sources in Iberia with industrial demand centers further north. According to Enagás, a significant portion of the infrastructure will utilize converted natural gas pipelines, a method expected to accelerate deployment and reduce costs while minimizing environmental impact compared to building entirely new lines. Last week, during the launch of the public consultation related to the massive hydrogen project, Arturo Gonzalo, CEO of Enagas, said the project was advancing ahead of schedule in Spain, adding that it could be operational by 2030. "The project is starting to become a reality, it is progressing at a very good pace, even faster than expected," he said last Friday. "Today, we are setting in motion a key milestone to make a hydrogen infrastructure a reality in Spain." Currently, Enagás is moving forward with engineering studies for critical components such as compression stations, valve points, and necessary safety upgrades to ensure reliable network operations upon completion. The final investment decision is anticipated in 2027, with the construction work beginning in 2028. The finished network will feature five primary corridors, including strategic routes like the Vía de la Plata and the Ebro Valley. Additionally, it will integrate with the cross-border H2Med corridor, establishing direct hydrogen links between Spain, Portugal, and France and solidifying Spain's role as a vital energy bridge for Europe.
oil-gas
Apr 30, 2025
Pipeline Technology Journal
Major Banks In Talks To Finance $1.7 Billion For Argentina'S Vaca Muerta Sur Pipeline
A consortium of oil companies, spearheaded by Argentina's state-run YPF SA, is in discussions with five major international banks to secure a $1.7 billion loan for the crucial Vaca Muerta Sur pipeline project, according to sources familiar with the matter. The banks involved in the financing talks are Citigroup Inc., Deutsche Bank AG, Itau Unibanco Holding SA, JP Morgan Chase & Co. and Banco Santander SA. YPF, which holds a 27% stake in the pipeline, had previously disclosed seeking a syndicated loan of this amount but had not named the potential lenders. The Vaca Muerta Sur pipeline is a significant infrastructure project designed to transport crude oil from Argentina's Vaca Muerta shale formation across northern Patagonia to a new port facility at Punta Colorada on the Atlantic coast. The total cost of the project is estimated at around $3 billion, with the remaining funding to be provided by the consortium members. Other key players in the consortium include Chevron Corp., Shell Plc, Vista Energy, Pluspetrol SA, Pan American Energy Group (partially owned by BP Plc), and Pampa Energia SA. Shell and Chevron have recently finalized their participation in the project. Securing this level of private project financing would mark a notable achievement for Argentina, where large-scale deals have been infrequent in recent years due to economic instability and capital controls. The project has been included in President Javier Milei's RIGI program, which offers tax, currency, and customs incentives to attract investments. The pipeline is currently in the initial stages of development, with pipes being gathered near the shale fields. Proponents view the Vaca Muerta Sur pipeline as essential to Argentina's aspirations to significantly boost shale oil exports, potentially reaching one million barrels per day by the end of the decade and establishing the country as a net energy exporter. The pipeline is expected to have an initial transport capacity of 180,000 barrels per day by late 2026, with the potential to expand to 700,000 barrels per day.
oil-gas
Apr 29, 2025
Pipeline Technology Journal
Morgan Stanley Explores Sale Of Key Pipelines In Potential Deal Worth Over $2 Billion
Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, a move that could value its holding at more than $2 billion, including debt, according to three people familiar with the matter. According to a Reuters report, investment bankers from Jefferies Financial Group have been actively seeking potential buyers for MSIP's controlling interest in Brazos in recent weeks. Prospective buyers include other midstream companies and investment firms, said the sources, who requested anonymity due to the confidential nature of the discussion. Brazos Midstream II operates critical infrastructure in the Delaware Basin, a prolific part of the Permian Basin across five Texas counties. The company gathers and transports natural gas, natural gas liquids and oil from wellheads to larger pipelines. Its assets also include natural gas compression facilities and crude storage. The sale process is ongoing, and there is no guarantee a deal will materialize, the sources cautioned, as MSIP could ultimately retain its investment if the deal is not reached. Morgan Stanley's infrastructure arm initially acquired Brazos Midstream II in 2018 for $1.75 billion. Later that year, Williams Companies acquired a 15% stake in Brazos by contributing assets. However, Williams is not expected to bid for the majority stake being offered by MSIP, the sources said. A potential transaction for Brazos Midstream II would underscore the recent trend of dealmaking in the midstream sector, particularly involving privately owned pipeline operators in key U.S. shale plays. lately, publicly listed infrastructure companies have been active buyers, seeking to expand their scale and footprint.
oil-gas
Apr 29, 2025
Pipeline Technology Journal
Chevron To Begin Surveying East Mediterranea Seabed For Cyprus-Egypt Gas Pipeline
Energy giant Chevron will begin surveying the east Mediterranean seabed early this summer in preparation for a pipeline connecting a significant natural gas deposit off the coast of Cyprus to processing facilities in Egypt. Chevron CEO Mike Wirth informed Cypriot President Nikos Christodoulides of the survey's timetable during a meeting at the company's Houston headquarters. Cypriot government spokesman Konstantinos Letymbiotis provided the update in a statement, offering no further details on the survey's specifics. The planned pipeline will link Cyprus’ Aphrodite field, estimated to hold up to 4.5 trillion cubic feet of natural gas, with an undisclosed facility on Egypt’s coastline. Christodoulides was in Houston as part of a weeklong trip to the United States aimed at attracting investment to the east Mediterranean island nation. Chevron, along with partners Shell and Israeli NewMed Energy, is responsible for developing the Aphrodite field, which was discovered in 2011 approximately 160 kilometers (100 miles) south of Cyprus within the island’s exclusive economic zone. In February, Chevron, NewMed, and Shell formalized an agreement with Egypt outlining the framework for the Aphrodite field's development. This agreement followed the Cypriot government and the Chevron-led consortium's approval of a revised production plan that includes a floating platform for initial gas processing and the subsequent pipeline to Egypt. According to the statement, Christodoulides emphasized to Wirth that the development of Aphrodite is a priority for Cyprus, highlighting the nation's potential as a new energy supplier for neighboring countries and the European Union. Chevron officials stated that Aphrodite is a key component of the company’s activities in the eastern Mediterranean, a region considered important for Chevron’s future plans and priorities. The company is currently the only energy company with operations in Cyprus, Israel, Egypt, and Greece.
oil-gas
Apr 10, 2025
Pipeline Technology Journal
Keystone Pipeline Shut Down After North Dakota Rupture, Raising Fear Of Fuel Price Hike
The Keystone oil pipeline was shut down Tuesday morning after it ruptured in a rural area of North Dakota, halting the flow of crude oil from Canada to refineries in the U.S. The pipeline's operator, South Bow, reported an estimated release of 3,500 barrels of oil confined to an agricultural field about 60 miles (97 kilometers) southwest of Fargo. South Bow said in a statement that control center leak detection systems indicated a pressure drop, prompting the shutdown. "The affected segment has been isolated, and operations and containment resources have been mobilized to site," the company stated, emphasizing the safety of personnel and environmental risk mitigation. The 2,689-mile (4,327 kilometers) pipeline, which transports crude oil from Alberta, Canada, to Texas, averaged 624,000 barrels per day in 2024, according to Canadian regulators. This makes the pipeline a critical fuel line whose closure can significantly affect fuel prices. Experts offered differing opinions on the potential impact on gasoline prices. Ramanan Krishnamoorti, vice president for energy and innovation at the University of Houston, suggested that prices at the pump, particularly for diesel and jet fuel, could rise within one to two days due to the disruption of a unique heavy crude supply. He also noted the potential for higher grocery prices due to increased diesel transportation costs. However, Patrick De Haan, lead petroleum analyst at GasBuddy, indicated that refineries typically have sufficient crude oil reserves to buffer against immediate impacts, but a prolonged shutdown could become problematic. Mark LaCour, editor-in-chief of the Oil and Gas Global Network, echoed this sentiment, stating that major refineries have ample storage to continue gasoline refining for several weeks. Bill Suess, spill investigation program manager with the North Dakota Department of Environmental Quality, said an employee near Fort Ransom heard a "mechanical bang" and shut down the pipeline within approximately two minutes. The explosion caused oil to surface about 300 yards (274 meters) south of a pump station. Emergency personnel responded, and a nearby seasonal stream was blocked off as a precaution. However, no injuries or structural damage were reported. Keystone Pipeline’s latest rupture isn’t the first time. Constructed in 2010, the 30-inch (0.8-meter) pipeline has experienced past ruptures, including one in Walsh County, North Dakota, a few years ago. Meanwhile, the Pipelines and Hazardous Materials Safety Administration (PHMSA) will investigate the cause of the rupture.
oil-gas
Apr 10, 2025
NEWS
DATA
LINK
SERVICES