07 August 2025
07 August 2025
The company's product portfolio has demonstrated strong performance, particularly in the local gas market, amidst oil price volatility.
Growing energy demand in emerging economies and other factors are set to drive pipeline infrastructure growth in Asia.
The acquisition will create a differentiated produced-water system in the Delaware Basin and expand WES' New Mexico footprint.
The Transwestern Pipeline's Desert Southwest expansion will add 516 miles (830.4km) of 42in pipeline and nine compressor stations.
The transaction involves the Rincon La Ceniza and La Escalonada blocks, valued at approximately $10,000 per acre.
The transaction aligns with the company's strategic focus on value maximisation.
The project extends until 15 November 2055 under a PSC.
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