Downstream contract news

Dynamis Power Solutions and Baker Hughes have announced an order for 25 aeroderivative gas turbines – totalling 1.3 GW for mobile power generation across a wide range of oil and gas applications.

Covestro AG and XRG have received the final outstanding regulatory approval from the German Federal Ministry for Economic Affairs and Energy under foreign investment rules for their strategic partnership.

Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.

Baker Hughes has announced that it has secured a multi-year contract with CPECC, for and on behalf of Aramco, to deploy its Cordant™ APM suite across four Booster Gas Compression Stations in Saudi Arabia.

ExxonMobil and BASF have formed a strategic collaboration to advance the development of low-emission hydrogen through methane pyrolysis technology.

Aramco has announced 17 memoranda of understanding (MoUs) and agreements with a potential total value of more than US$30 billion with major companies in the US, through its Aramco Group Companies.

DIALOG Group has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia.

Ducor Petrochemicals and Blue Circle Olefins have signed an agreement with the aim to produce and co-market segregated bio-polypropylene and carbon recycled polypropylene.

Mitsubishi Heavy Industries Compressor International Corp. (MCO-I) has been awarded a contract by ExxonMobil to supply a footprint replacement steam turbine for its olefins plant in Baton Rouge, Louisiana, US.

Clariant has announced that it has signed a 10-year agreement with SECCO Petrochemicals to provide CLARITY Prime digital services at its ethylene plant in Shanghai, China.