Downstream contract news

New Fortress Energy Inc. has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of LNG to Puerto Rico.

Baker Hughes has announced an agreement with Halfaya Gas Co. (HGC) to strengthen their collaboration for a flare gas recovery system at the Bin Umar gas processing plant in southeastern Iraq.

Sulzer has signed a five-year global purchasing framework agreement with Veolia which covers a broad range of pumps, mixers, and turbocompressors.

Veolia has announced the signing of an agreement between a consortium and SATROP to launch an industrial water initiative for the treatment and recycling of all industrial complex petrochemical effluents of Jubail Industrial City, Saudi Arabia.

VTTI B.V. has officially launched the market consultation for tyre-derived oil (TDO) as part of the VTTI TyreLoop Antwerp project at its existing terminal VTTI Antwerp, Belgium.

Burckhardt Compression has completed the acquisition of Advanced Compressor Technology (ACT), a service company specialising in reciprocating equipment for the downstream market in the US.

PETRONAS has delivered SAF to KL International Airport (KLIA) for the MAG, establishing PETRONAS’ in-house capability and readiness to provide SAF supply in Malaysia.

Ecovyst Inc. has announced that it has entered into a definitive agreement to sell its Advanced Materials & Catalysts segment to Technip Energies for a purchase price of US$556 million.

Haffner Energy and Luxaviation Group have announced a non-exclusive 15-year offtake agreement in Europe with fixed SAF volume and price terms.

Charter Next Generation (CNG) has announced a strategic collaboration with NOVA Chemicals for high-quality recycled polyethylene (rPE) for advanced flexible packaging applications.