Downstream contract news
Shell completes sale of LPG marketing business
DCC LPG buys Hong Kong and Macau LPG marketing business from Shell for approximately US$150 million.
ADNOC and OCP announce sulfur sales agreement
The Abu Dhabi National Oil Co. (ADNOC) has signed a deal to supply the OCP Group of Morocco (OCP) with granulated sulfur on a long-term basis.
Shell to maintain ownership of A/S Dansk Shell
The agreement signed with Dansk Oileselskab AS in 2016 has been terminated with immediate effect.
Magnolia LNG EPC contract extended
Liquefied Natural Gas Ltd has extended the validity period of a binding engineering, procurement, and construction contract with KSJV.
TransMontaigne acquires refined product and crude oil terminals
TransMontaigne Partners L.P. has announced the closing of acquisition of two refined product and crude oil terminals from Plains All American Pipeline, L.P.
McDermott and CB&I to combine
McDermott and CB&I are set to combine in transaction that is valued at US$6 billion.
ExxonMobil acquires LNG interests
ExxonMobil has acquired a 25% indirect interest in Mozambique’s gas-rich Area 4 block from Eni.
Air Products wins Coral FLNG contract
Air Products has come to an agreement with TP JGC Coral France for the supply of medium and high purity nitrogen packages for a FLNG facility.
Graham Corp. wins refining orders
Graham Corp. has received two orders for ejector systems in the North American refining industry.
Clariant to develop catalyst and propane dehydrogenation unit
Clariant has been selected by Xuzhou HaiDing develop a custom-built propane dehydrogenation unit in China.