Downstream contract news

PetroChina Guangdong Petrochemical will use Grace technology for a 500 000 tpy polypropylene facility.

Goldman Sachs has secured the top position in the latest mergers and acquisitions league table of the top 10 financial advisers for the oil and gas sector based on deal value for the 1H19, according to GlobalData.

Pin Oak has announced that it has made interconnection agreements to EPIC and Red Oak pipelines, and begun construction on its Taft oil trading terminal.

Enterprise and Chevron have announced agreements supporting the development of an offshore crude oil terminal in the Gulf of Mexico.

Fluor has been awarded the FEED contract for INEOS’ vinyl acetate monomer processing plant in Hull, UK.

NuStar Energy has completed the US$250 million sale of its St. Eustatius oil storage terminal to Prostar Capital.

Chevron Lummus Global has been awarded a licence and engineering contract for a lubricants base oil plant at IndianOil’s Haldia Refinery.

SNC-Lavalin has been awarded the commissioning services contract by ExxonMobil and SABIC for their Gulf Coast Growth Ventures petrochemical facility.

YPF and Excelerate have reached a preliminary agreement to charter a carrier to transport LNG produced at the Tango FLNG unit.

Following a successful FEED phase, KBR has begun work on the EPC phase of Methanex’s Geismar 3 methanol project.