Downstream contract news

MAN Energy Solutions and Woodside Energy have signed a cooperation agreement aimed at commercialising an innovative solution for small-to-mid scale LNG production.

Excelerate Energy L.P. (Excelerate) has successfully concluded with Petróleo Brasileiro S.A. (Petrobras) the negotiation stage of the tender process for the lease of Bahia Regasification Terminal.

Burckhardt Compression has been selected as compressor supplier for a hydrogen liquefaction plant in South Korea. The order includes three Process Gas Compressor API618 systems for the compression of hydrogen within the liquefaction process. 

According to Wood Mackenzie, the use of carbon capture and storage (CCS) could have a material impact on LNG projects’ carbon emissions.

Imperial is moving forward with plans to construct a world-class renewable diesel complex at its Strathcona refinery near Edmonton, Alberta, Canada.

BASF is building a new pilot plant centre at its Ludwigshafen site, Germany, to strengthen its global catalyst development and help customers to bring new products faster to the market.

Harvestone Group has announced the acquisition of Gateway Terminals LLC, a bulk liquid terminal complex located on the banks of the Mississippi river in Sauget, Illinois, US.

McDermott’s CB&I Storage Solutions business has been awarded an EPC contract by AG&P for a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG (PLNG) terminal.

Marathon Petroleum Corp. (MPC) and ADM have announced an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel.

Toyo Engineering Corp. has been awarded a contract for a project to construct a polypropylene plant from Prime Polymer Co. Ltd.