Downstream contract news
TechnipFMC awarded contract for Vietnam’s first olefins plant
LSP has awarded a contract to TechnipFMC for the construction of Vietnam's first olefins plant.
NextDecade sells US$50 million of convertible preferred stock
NextDecade agrees sale of stock to HGC and stockholders York, Valinor and Halcyon.
Valiant Midstream secures gas processing agreement with Antioch Energy
Valiant Midstream announces its agreement with Antioch Energy to gather and process natural gas in Oklahoma.
Advantage Midstream to provide gas processing for SandRidge Energy
Advantage Midstream announces agreement with SandRidge Energy to provide a natural gas refrigeration plant in Colorado.
Tube Tech International partners with ParFab Companies in bid to offer turnkey service
Tube Tech International has partnered with ParFab Companies to combine their services to a shared customer base.
Air Products acquires BHGE’s Rotoflow™ turboexpander business
A new Air Products business division will integrate the turboexpander capabilities of Air Products and Rotoflow.
Redwood Markets and EH Energy to deliver trade credit insurance to the LNG industry
Redwood Markets and One Source Risk Management have partnered with EH Energy to provide trade credit insurance to the LNG market through an online platform.
ExxonMobil and Burckhardt Compression sign global lubricants agreement
Burckhardt Compression and ExxonMobil will collaborate to produce new high performance lubricants and technical services.
LyondellBasell completes acquisition of A. Schulman Inc.
LyondellBasell has formed a new Advanced Polymer Solutions business segment.
Air Products awarded coal-to-syngas contract in China
Air Products will supply syngas for Jiutai New Material Co. Ltd’s long-term mono-ethylene glycol project in Hohhot, China.