Downstream contract news
IFM Investors and Trafigura create JV for Impala Terminals
The JV owns and operates Impala Terminals’ network of concentrates terminal infrastructure in Mexico, Peru and Spain.
Saudi Aramco and Raytheon sign MoU to establish JV in cybersecurity
The JV company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities.
Diesel Direct acquires Golden Gate Petroleum’s mobile refuelling business
The assets supply approximately 1000 customer sites in California with diesel, gasoline and DEF.
Port of Corpus Christi selects Lone Star Ports to lead crude oil export terminal development
The terminal on Harbor Island, Texas will service fully-laden VLCCs.
Bilfinger and EMC sign MoU to deliver maintenance and modernisation
Agreement covers both companies’ growth opportunities in Egypt’s hydrocarbon, energy and industrial sectors.
Long-term Montney gas processing agreement fills SemCAMS’ Wapiti gas plant
The take-or-pay agreement secures Montney gas for a 10-year term.
Absolute Air to build air separation plant in Minnesota
The plant will produce oxygen, nitrogen, and argon for use in customer applications such as metal fabrication, blanketing, purging, combustion, chilling and freezing.
USD Partners announces new contract supporting the construction of pipeline connection and additional storage capacity at Casper Terminal
USD Partners LP has entered into a three-year agreement at its Casper Terminal with a new multi-national, investment grade customer
Emerson acquires A.E. Valves
Acquisition broadens Emerson’s portfolio of valves and critical isolation technologies serving the LNG industry.
Bio-on and Gruppo Hera collaborate on carbon dioxide-to-bioplastics undertaking
The new company, Lux-on, aims to use carbon dioxide as a raw material for producing PHA biopolymers.