Downstream contract news

Matrix Service has been awarded an EPC contract for Piedmont Natural Gas’ LNG peak shaving facility in North Carolina.

McDermott to provide FEED services for ADNOC’s refinery project at the Ruwais Refinery in Abu Dhabi

Saipem has signed an EPC Contract and Preliminary Agreement for work in Russia and Serbia worth around €500 million.

The Port of Frederikshavn has awarded the contract for the construction of a new oil terminal to Bladt Industries.

MoU signed by Eni and SONATRACH for the supply and transportation of gas across the Mediterranean Sea.

WorleyParsons has been awarded a Design and Supervision Consultancy contract by QTerminals in Qatar.

Petrofac has won contracts to provide oil and gas training solutions in Oman, the UAE and Iraq, worth over US$30 million.

Prefere Resins will acquire INEOS Melamines & Paraform in a transaction which is expected to complete in 2Q19.

Zhejiang Energy will receive 1 million tpy of LNG from ExxonMobil for 20 years and is planning to build an LNG receiving terminal.

Saudi Aramco will acquire a 17% stake in South Korea’s Hyundai Oilbank for approximately US$1.25 billion.