Downstream contract news
Sonatrach to use Honeywell technologies to produce cleaner-burning high-octane fuels
Sonatrach’s Algerian facility will produce 200 000 tpy of methyl tert-butyl ether.
Linde partners with Sinochem on new air separation unit
The joint venture marks the first partnership between the companies.
Air Products to build two ASUs for coal gasification facility
Air separation units at the Tennessee facility will be owned and operated by Air Products.
TechnipFMC signs refinery expansion contract with MIDOR
TechnipFMC will undertake EPC work at MIDOR’s existing Egypt refinery.
Port of Corpus Christi and Carlyle to develop crude oil export terminal
Project would create first onshore location in the US Gulf capable of servicing fully laden very large crude carriers.
Inter Terminals to acquire NuStar’s liquid storage business
Inter Pipeline subsidiary will acquire a total of 9.1 million bbls storage.
Woodside signs cooperation agreement with ENN
The companies will explore a broad range of potential business opportunities.
Fluor awarded Valero cogeneration project in Wales
Fluor will undertake EPC work at Valero’s Pembroke Refinery.
Meridian Energy engages CIBC as financial advisor
CIBC will assist with the full project financing for Meridian’s Davis Refinery project.
APICORP signs a US$35 – US$40 million memorandum for Suez Company for methanol derivatives
The total project cost is estimated at US$60 million. The amount of planned debt financing is expected to be worth between US$35 – US$40 Million.