Downstream contract news

Air Products has announced that it is in final negotiations to form a joint venture to acquire a number of assets at Jazan Economic City.

NextDecade has announced that Mubadala is to purchase US$50 million of the company’s common stock.

Lukoil and the Nigerian National Petroleum Corp. have signed an MoU to explore possible collaboration across the hydrocarbon value chain.

ClearSign has announced that it has received an order from ExxonMobil for its process burner technology.

BP and ZPCC have signed an agreement to explore the creation of an acetic acid joint venture in China.

ConocoPhillips has entered into an agreement to sell the subsidiaries that hold its Australia-West assets and operations to Santos.

Polskie LNG has signed a contract with Selas-Linde for the supply of two SCV vaporisers for the Swinoujscie LNG facility.

Honeywell has announced that Ceyhan Polipropilen Uretim has selected its technology for a propylene unit at a new petrochemicals complex in Turkey.

BASF has announced a €20 million investment in Quantafuel in order to promote a circular plastic economy.

Fluor, JGC and Technip have been awarded an EPC contract by Mozambique Rovuma Venture for its LNG project.