Downstream contract news
CB&I awarded storage tank contract in Saudi Arabia
Técnicas Reunidas has awarded CB&I a contract for new product storage tanks that will be part of a clean fuels expansion project at a Saudi Aramco refinery.
Clough AMEC enters Australian petrochemicals market
Amec Foster Wheeler’s joint venture has received a contract to provide maintenance services to ammonia facilities in Western Australia.
Jacobs extends master services agreement with Chevron
Jacobs has received an expanded master services agreement to provide construction management for Chevron’s US refineries and terminals.
Mammoet employs its largest cranes for PETRONAS project
Three of Mammoet’s largest cranes will be used at the same time to as part of an ambitious construction schedule for PETRONAS’ Pengerang Integrated Complex.
Jacobs to acquire CH2M
Jacobs Engineering Group Inc. and CH2M HILL Companies Ltd have entered into a definitive agreement under which Jacobs will acquire CH2M.
Jacobs and Shell ink enterprise framework agreement
Jacobs Engineering Group will deliver engineering, procurement, project and construction management, and construction services to Shell Oil Company projects globally.
HuntsmanClariant merger on track
The merger brings together two strong specialty chemicals businesses with similar EBITDA margins at 17.2%.
MOL Group partners with Evonik and thyssenkrupp
The agreements with Evonik and thyssenkrupp will enable MOL to produce propylene oxide.
Financing secured for Bangladesh's first LNG project
IFC and Excelerate Energy have announced they have secured the financing for Bangladesh's first LNG project in order to expand energy access.
Grace licenses technology to Hengli Petrochemical Refinery Co.
Grace has announced it is licensing its process technology to Hengli Petrochemical Refinery Co. in Dalian, China.