Downstream contract news
Emirates and Shell Aviation sign agreement for SAF supply
Emirates has announced an agreement with Shell Aviation for the supply of over 300 000 gal. of blended SAF for use at the airline’s international hub in Dubai (DXB).
Aramco to enter global LNG business
Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for US$500 million.
Nuberg EPC wins IOCL’s propylene purification package
Nuberg EPC has been awarded a propylene purification package (PPP) contract by Indian Oil Corp. Ltd. (IOCL).
Samsung Engineering receives FEED contract for Saudi petrochemical project
Samsung Engineering has received the NoA (Notice of Award) for the FEED contract for a petrochemical plant from Alujain National Industrial Co. (LNIC) in Saudi Arabia.
Aramco to enter South American market
Aramco has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax), a downstream fuels retailer in Chile.
DNV acquires ANB Systems
DNV has acquired ANB Systems to enhance its digital energy management capabilities and accelerate the energy transition.
Lummus and RWDC announce agreement
Lummus and RWDC have announced an agreement aiming to increase global availability and adoption of a natural alternative to petroleum-based plastics.
BP enters third long-term LNG offtake contract from Woodfibre’s British Columbia LNG facility
BP has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.
New ASEAN Energy to invest in petrochemical complex in Southeast Asia
New ASEAN Energy, Inc. has been established to acquire an equity interest in a petrochemical complex in Southeast Asia, one of the fastest growing regions in the world.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tpy to more than 100 million tpy of nameplate LNG export capacity.