Downstream contract news

Haffner Energy and IGNIS P2X have announced that they have begun their bio/e-SAF collaborative project AeroVerde, and their immediate task consists in identifying the project’s first site’s precise location in Spain.

Corteva Inc. and BP have announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops for use in the production of biofuels.

Borouge Plc has announced the completion of a proof of concept for AI-powered autonomous operations at its Ruwais facility, UAE, delivered in collaboration with Honeywell.

L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order from Bharat Petroleum Corp. Ltd (BPCL) for a polyethylene swing unit in India.

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.

PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.

Technip Energies has announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., a global leader in specialty catalysts and advanced materials.

Tasnee has announced the planned periodic maintenance shutdown at the Saudi Ethylene and Polyethylene Co. (SEPC), which will coincide with the extended shutdown related to the ethylene cracker expansion project.

Severn Group has announced that it has been acquired for US$480 million dollars by Valmet.

Baker Hughes has announced that it has received a Full Notice To Proceed from Technip Energies on behalf of Commonwealth LNG to supply primary liquefaction equipment for Commonwealth LNG’s 9.5 million tpy export facility currently under construction in the US.