Downstream contract news

Petrovietnam Refining and Petrochemical Corp. (BSR) has issued a Request for Proposal for financing the Dung Quat Oil Refinery Expansion and Upgrade Project, with a proposed loan of about US$600 million.

Further to previous communications issued during 1H26, MAIRE has provided additional details regarding the Rich Gas Development (RGD) – Phase 3 project to be delivered by Tecnimont, part of the IE&CS business unit.

px Group has been appointed by New Providence Gas Ltd as the operations and maintenance partner for the LNG import and regasification terminal under development in the Bahamas.

ENEOS Holdings Inc. has announce that it has decided to acquire US chemical producer TPC Holdings, Inc. through ENEOS Holdings’ wholly owned US subsidiary, to make TPC a wholly owned subsidiary of ENEOS Holdings.

McDermott Energy Solutions (UK) Ltd has been awarded a letter of intent including limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development by ExxonMobil Moçambique.

Envision Energy has collaborated with Sasol to advance the design study of a potential green hydrogen system at Sasol's Sasolburg operations in South Africa.

Shell Catalysts & Technologies has announced that it has sold a number of intellectual property assets and experienced personnel relating to its Environmental Catalysts and Systems business to Lummus Technology.

ECOnnect Energy has signed an agreement with New Providence Gas Ltd to deliver an IQuayTM C-Class floating LNG import terminal to the Bahamas.

Exolum has completed the acquisition of a minority stake in SeaSeaS Amsterdam, a project developing a multimodal CO2 export terminal at the Port of Amsterdam, the Netherlands.

Air Canada and Airbus have announced their intent to establish a jointly funded Sustainability Co-Investment Platform to invest up to approximately CAN$13.7 million through the platform to support a commercial-scale SAF industry in Canada.