Downstream contract news

Venture Global, Inc. and Vitol have announced the execution of an agreement for the purchase of approximately 1.5 million tpy of US LNG from Venture Global for five years commencing in 2026.

Econotherm has announced that it has been awarded a contract to supply a heat pipe-based fired heater air-preheater to a major refiner in Thailand.

ADNOC and OMV have announced strong progress towards the formation of Borouge Group International AG, including the signing of an Asset Usage Agreement for the Borouge 4 (B4) production complex.

REZEL Catalysts Corp. has been awarded a contract to supply catalysts for a 600 000 t CATOFIN™ PDH unit operated by Lihuayi Weiyuan Chemical Co., Ltd. in China.

SAFFiRE Renewables has selected ANDRITZ to supply key refining technology for its new pilot plant in Liberal, Kansas, US, that will convert agricultural residues into cellulosic ethanol.

EcoCeres Inc. has launched a sustainable aviation fuel pilot programme in China, codenamed Project Spark.

BP has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner.

Ebara Elliott Energy and NuScale Power Corp. (NuScale) have announced a collaborative research programme to demonstrate and field test a commercial scale high-temperature steam compressor to integrate NuScale Power Modules™ (NPM) with petrochemical plants needing process heat.

Abundia has announced that it has entered a multi-project licensing agreement with Topsoe to deploy its HydroFlex® technology for the upgrading process at Abundia's waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

Baker Hughes has announced a substantial 60 month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery.