Downstream contract news

ITT Inc. has announced the closing of its acquisition of SPX FLOW, Inc., a provider of highly engineered equipment and process technologies serving industrial and chemical markets.

EnerMech has secured a five-year contract to deliver integrated mechanical, electrical, and instrumentation (ME&I) maintenance services at Ampol’s Lytton Refinery in Brisbane, Australia.

Escalating conflict in the Middle East and restrictions at the Strait of Hormuz are disrupting critical global flows of chemicals, plastics, and energy, the ICIS has reported.

Moeve has reached the final investment decision to begin construction of Southern Europe’s largest green hydrogen project, located in Andalusia, Spain.

Venture Global, Inc. and Trafigura have announced the execution of an agreement for the purchase of approximately 0.5 million tpy of US LNG for five years commencing in 2026.

MET International AG and Shell have signed a non-binding memorandum of understanding to expand their existing long-term co-operation in LNG and gas trading.

Honeywell has announced that Verso Energy will use Honeywell UOP’s methanol-to-jet processing technology to produce electro-sustainable aviation fuel (eSAF) at seven planned production sites globally.

Centrica Energy has announced the signing of a long-term natural gas purchase agreement with Whitecap Resources Inc., a leading Canadian producer dedicated to the responsible development of oil and gas resources across the Western Canadian Sedimentary Basin.

Samsung C&T and Axens have signed a memorandum of understanding to collaborate on the deployment of carbon capture, utilisation, and storage projects.

Honeywell has announced that it has entered into an amended agreement to acquire Johnson Matthey's Catalyst Technologies business segment, which adjusts the total consideration from £1.8 billion to £1.325 billion and extends the long stop date to 21 July 2026.