TimeWave Weekly Report on Gas/Water Industry - July 17th to 23rd

July 24, 2026
Latest company news about TimeWave Weekly Report on Gas/Water Industry - July 17th to 23rd

Shell Takes FID on LNG Regasification Terminal in the Bahamas

Shell’s subsidiary Shell Bahamas Power Company took a final investment decision on a small-scale LNG regasification terminal at Clifton Pier on New Providence Island, The Bahamas, and acquired a 40% interest in project company New Providence Gas. The terminal will supply baseload power generation of over 170 MW, replacing imported diesel and fuel oil and supporting the country’s goal of generating 30% of electricity from renewables by 2030. Shell will supply LNG from its US portfolio, with first gas targeted for Q1 2027.

 

Delfin Midstream Partners with MidOcean Energy for Second FLNG Vessel

Delfin Midstream announced a partnership with MidOcean Energy to jointly advance the development of a second floating LNG vessel in the US Gulf of Mexico. The project uses proven offshore FLNG technology that avoids large-scale onshore construction and allows flexible capacity expansion. MidOcean Energy, an LNG company launched and managed by EIG, broadens the investor base for the Delfin project.

 

Argent LNG and Naftogaz Sign MoU on Long-Term US LNG Cooperation

US-based Argent LNG and Ukraine’s Naftogaz signed a memorandum of understanding to cooperate on long-term US LNG supply. Under the agreement, Naftogaz will procure LNG from Argent’s proposed export terminal in Louisiana, diversifying Ukraine’s natural gas supply sources and strengthening European energy security. The project remains subject to a final investment decision.

 

LNG Canada Announces Indigenous Equity Option for Phase 2 Storage Tank

LNG Canada introduced an Indigenous equity participation mechanism for the storage tank component of its Phase 2 expansion, allowing participating First Nations in British Columbia to acquire ownership in the facility. Phase 1 commenced production in 2025 and Phase 2 expansion is underway. The move continues LNG Canada’s pioneering role in Indigenous equity participation in major Canadian energy projects.

 

GAZ-SYSTEM and Reganosa Sign LNG Terminal Services Contract

Poland’s GAZ-SYSTEM signed a contract with Spain’s Reganosa for technical support and operational services for its FSRU LNG terminal under development in the Gulf of Gdańsk. The terminal is Poland’s third LNG receiving facility and a key component of GAZ-SYSTEM’s strategy to expand Baltic Sea LNG import capacity.

 

Vietnam’s Cai Mep LNG Terminal Delivers First Pipeline Gas

Vietnam’s Cai Mep LNG terminal delivered its first pipeline gas to the Phu My power complex, marking the terminal’s transition to full commercial operations. Cai Mep is Vietnam’s first LNG import terminal, commissioned in 2023. This milestone completes the value chain from receiving terminal to end-users, supporting Vietnam’s growing gas demand for power generation.

 

Great Lakes Water Authority Invests US$81 Million to Replace Aging Water Main in Michigan

The Great Lakes Water Authority announced an approximately US$81 million project to replace six miles of aging water transmission main along 14 Mile Road in Oakland County, Michigan, an area that experienced four major breaks in seven years. Phase One will replace three miles of 48-inch PCCP with 54-inch steel pipe. Phase Two will install an acoustic fibre optic monitoring system for real-time leak detection. Construction is expected to begin in November 2026.

 

NSW Council Awards AUD 125 Million Cowarra Water Treatment Plant Contract

Port Macquarie-Hastings Council in New South Wales, Australia, awarded an approximately AUD 125 million contract for the new Cowarra Water Treatment Plant. The plant will have a treatment capacity of 42 million litres per day, serving projected population growth through 2057. The project also includes a clear water reservoir and northern trunk main, representing the largest infrastructure investment in the region’s history.

 

Queensland Seqwater Signs US$165 Million Toowoomba-Warwick Pipeline Contract

Queensland state water company Seqwater awarded the first construction contract for the Toowoomba-to-Warwick Pipeline to a joint venture of CPB Contractors and NACAP, valued at approximately US$165 million. Stage 1 will deliver a 47 km pipeline from Highfields to Greenmount, including new reservoirs, pump stations, and supporting infrastructure. The project supports approximately 400 construction jobs and is expected to begin in late 2026.

 

Aganova and SUEZ Help Essex & Suffolk Water Commission New Raw Water Main

Aganova and SUEZ collaborated to help UK water company Essex & Suffolk Water commission a new raw water main. Aganova’s intelligent inspection technology was used for a full assessment of the pipeline, ensuring water supply safety and operational reliability while strengthening water network resilience in eastern England.

 

Djibouti City Awards Water Distribution Network Renovation Contract

A joint venture of Hunan Installation Overseas Engineering and China Geo-Engineering Corporation was awarded a contract valued at approximately RMB 188 million for the renovation and upgrade of Djibouti City’s water distribution network. The project will comprehensively refurbish and upgrade the city’s water supply pipelines, improving service quality and network operational efficiency.

 

North Carolina Awards US$244 Million for Water Projects, Nears US$1 Billion in Helene Recovery

North Carolina announced a new round of US$244 million in water infrastructure funding to support drinking water and wastewater projects statewide. Part of the funding is allocated to repairing water and wastewater systems damaged by Hurricane Helene, bringing the state’s water-related disaster recovery spending to nearly US$1 billion.