Downstream contract news
BMT and MSI win contract for Alexandroupolis FSRU terminal project
BMT and MSI will develop metocean criteria for the design of the offshore FSRU and subsea pipeline in the northern Aegean.
Zenith Energy acquires Shell terminaling assets
Zenith Energy has signed an agreement to acquire terminaling assets in Hamburg from Shell.
SemGroup Corp. to sell Mexican asphalt business
SemGroup Corp. has announced the sale of SemMaterials México to Ergon Asfaltos México for approximately US$70 million.
Tallgrass announces acquisitions
Tallgrass Energy Partners has bought interests in the Pawnee crude oil terminal and Deeprock North.
Jacobs and Iraq Oil Co. sign MoU
The agreement will see the companies cooperate on upstream and downstream investment in the Basra region of Iraq.
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.