Downstream contract news

Suez Canal Authority has signed a strategic partnership contract with Anchorage Investments to build a petrochemicals complex in Ain Sokha, Egypt, with US$2 billion in investments for the first phase.

MAIRE has announced that NEXTCHEM has been selected by Mana Group and Equinor to conduct a feasibility study for a waste-to-methanol plant at Norway’s Mongstad refinery.

Yokogawa has announced it has signed a memorandum of cooperation (MoC) with Sinopec Engineering (SEG) to collaborate on engineering, procurement, and construction (EPC) for SEG's projects worldwide.

EXMAR has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary of Gasunie and Vopak, to extend the operation of the Eemshaven LNG import terminal after 2027, the Netherlands.

BASF has announced a strategic collaboration with International Flavors & Fragrances Inc. (IFF) to accelerate the development of IFF’s Designed Enzymatic Biomaterials™ technology platform.

John Cockerill and Axens launch the NesaBTF™ torrefaction technology, a pretreatment solution for the renewable fuel chain BioTfueL® process developed by BioNext.

Phillips 66 and Kinder Morgan Inc. have announced the commencement of a binding open season for transportation service on the Western Gateway Pipeline, a newly proposed refined products pipeline system for key downstream markets.

Petrobras has signed a 6 million bbl oil sales contract with the Indian state-owned refiner Hindustan Petroleum Corp. (HPCL ) on the 16 October 2025.

Ethiopian government officials have announced that the Gode Oil Refinery will be built in partnership with Golden Concord Group Ltd (GCL).

Lummus Technology and KazMunayGas (KMG) announced that the companies have signed a preliminary agreement to establish a digital centre of excellence in Atyrau, Kazakhstan.