Downstream contract news

Mammoet has signed as the heavy lift and transport partner for Borealis’s New European PDH project.

Saudi Aramco has acquired 17% of South Korea’s Hyundai Oilbank.

Naftna Industrija Srbije has awarded McDermott a contract for the modernisation of an existing FCC unit at its Serbian refinery.

Alfa Laval heat exchangers will be supplied for a refinery in the Middle East, in an order worth SEK60 million.

BP and Reliance Industries have signed an agreement relating to the formation of their Indian fuels and mobility joint venture.

Honeywell has announced the acquisition of visual gas monitoring company, Rebellion Photonics.

Nigeria LNG and Vitol have signed an LNG sale and purchase agreement for 5 million t of LNG over a 10 year term.

AFC has announced that it has signed a joint development agreement with Brahms Oil Refineries on the first refinery in Guinea.

ExxonMobil and Worley have entered into an enabling agreement which allows Worley to provide services to ExxonMobil operations.

Valero has signed long-term agreements for the use of three new refined product terminals in Mexico.