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Downstream contract news

 

Westwood: record number of FPSO licenses set to expire in 2022

New analysis from Westwood Global Energy Group (Westwood) reveals the number of floating production storage and offloading (FPSO) leases set to expire in 2022 is significantly higher than the yearly average of ~3 since 2015.

 
 

Self-calibrating technology

MSA introduces a technology that can lower the cost of ownership with sensor performance and less maintenance.

 
 
 
 

Invenergy and BW LNG close finance for FSRU

Invenergy and BW LNG have completed the financing of the floating storage and regasification unit (FSRU) component of the Energía del Pacífico (EDP) LNG-to-power project in El Salvador.

 
 

Wood expands downstream work in Australia

Wood has secured a new contract with bp Castrol Australia to provide EPC services to two Castrol lubricant blending, filling, and manufacturing facilities in Australia.