Downstream contract news
IES transitions to dedicated logistics and retail operations
Transition follows sale of select refinery assets to Par Pacific.
TechnipFMC awarded a significant contract for the expansion of Neste’s renewable products facility in Singapore
This expansion aims at meeting the market demand for renewable products.
Sempra Energy subsidiary and Polish Oil & Gas Co. sign agreement to export US LNG to Europe
The agreement is for the sale and purchase of enough natural gas to meet about 15% of Poland's daily needs.
Chesapeake Utilities Corp. acquires Marlin CNG Services
Marlin provides an array of gas supply solutions to address most supply interruption scenarios.
Air Products to supply three nitrogen generation plants to Dutch energy project
Nitrogen to be used to condition imported natural gas as substitute for discontinued local sources.
Par Pacific closes transaction with Island Energy Services
Par Pacific paid US$45 million for the refining assets plus additional amounts for certain hydrocarbon and non-hydrocarbon inventory.
Engro closes deal with Royal Vopak for shareholding in Elengy Terminal
Engro Corp. has sold 24% and IFC has sold 5% shares in ETPL to Vopak LNG Holding B.V.
ADNOC and Cepsa award first Ruwais Derivatives Park contract
The LAB project is the first of the derivative units to be advanced under ADNOC’s AED165 billion Ruwais downstream investment programme.
Cheniere and Petronas sign LNG sale and purchase agreement
Petronas LNG will purchase 1.1 million tpy of LNG from Sabine Pass Liquefaction.
McDermott awarded two polypropylene technology contracts in India
Indian Oil Corp. has awarded McDermott the license and basic engineering design of two polypropylene plants.