Downstream contract news
Chesapeake Utilities Corp. acquires Marlin CNG Services
Marlin provides an array of gas supply solutions to address most supply interruption scenarios.
Air Products to supply three nitrogen generation plants to Dutch energy project
Nitrogen to be used to condition imported natural gas as substitute for discontinued local sources.
Par Pacific closes transaction with Island Energy Services
Par Pacific paid US$45 million for the refining assets plus additional amounts for certain hydrocarbon and non-hydrocarbon inventory.
Engro closes deal with Royal Vopak for shareholding in Elengy Terminal
Engro Corp. has sold 24% and IFC has sold 5% shares in ETPL to Vopak LNG Holding B.V.
ADNOC and Cepsa award first Ruwais Derivatives Park contract
The LAB project is the first of the derivative units to be advanced under ADNOC’s AED165 billion Ruwais downstream investment programme.
Cheniere and Petronas sign LNG sale and purchase agreement
Petronas LNG will purchase 1.1 million tpy of LNG from Sabine Pass Liquefaction.
McDermott awarded two polypropylene technology contracts in India
Indian Oil Corp. has awarded McDermott the license and basic engineering design of two polypropylene plants.
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.