Downstream contract news

GCMD was set up to help drive decarbonisation of the maritime industry and bp is pleased to be working with the organisation to help further this aim.

The EU Fund announced a grant decision of €88 million to Neste’s clean hydrogen project in Porvoo, Finland.

Groupe ADP, GMR Airports, Airbus, Axens and Safran have signed a MoU to conduct a joint study on Sustainable Aviation Fuels (SAF) and their potential in India.

The companies have executed an agreement for the evaluation and potential development of a permanent CO2 sequestration site located on Alabama’s Gulf Coast in the US.

Technip Energies has been awarded an EPC contract by Borouge for the construction of a new ethane cracker unit, to be integrated in the Borouge 4 petrochemical complex in the UAE.

Severn Group has acquired US-headquartered ValvTechnologies – manufacturer of metal-seated, zero-leakage isolation valve solutions for demanding applications.

Woodside has entered into an agreement with GIP for the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture.

Ionada and Chart Industries have signed an MOU to collaborate on carbon capture utilisation and storage (CCUS) projects in the shipping industry.

Shell has awarded Worley a significant low-carbon fuels services contract in the Netherlands. The facility will be able to produce approximately 820 000 tpy of low-carbon fuels every year.

The Wei 11 gas storage facility built by China Petroleum & Chemical Corp. in its Zhongyuan Oilfield region has successfully completed its first gas injection.