Williams Ups U.S. Gas Role with Gathering Capacity, Emissions Tech

February 21, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Oil and gas pipeline developer Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma) has racked up a series of agreements in recent months that will expand its presence in the North American gas-gathering sector, particularly along the U.S. Gulf Coast; increase its ability to monitor and address greenhouse gas emissions; and add a major pipeline system in the Western U.S. to its portfolio.

Industrial Info is tracking more than $4.5 billion worth of active projects from Williams, more than $3 billion of which is attributed to natural gas pipelines. Last week, Williams agreed to provide natural gas-gathering services to Chevron Corporation's (NYSE:CVX) assets in the Haynesville Shale, while Chevron agreed to a long-term capacity commitment on Williams' Louisiana Energy Gateway (LEG) project. Williams also announced it had signed agreements with Coterra Energy Incorporated (NYSE:CTRA) and Dominion Energy Incorporated (NYSE:D) to employ a new natural gas-certification process. These developments follow Williams' agreement in December to acquire MountainWest Pipelines Holding Company from Southwest Gas Holdings Incorporated (NYSE:SWX).