Downstream contract news
Mammoet contracted for petrochemical module transportation
Samsung Engineering has contracted Mammoet to transport and install 49 modules for a Saudi Arabian petrochemical plant.
Axens and SP3H sign strategic partnership
Axens and SP3H has signed a strategic partnership to develop a real-time microanalyser for liquids in the downstream sector.
LyondellBasell to expand Chinese petrochemicals participation
LyondellBasell has signed a MoU to expand in China through a joint venture with Liaoning Bora Enterprise Group.
PKN ORLEN licenses Honeywell petrochemical technology
PKN ORLEN has licensed Honeywell UOP technology to increase production of petrochemical products in its Polish facility.
Parkland Fuel Corp. acquires Tropic Oil Co.
Parkland Fuel Corp. has entered into an agreement to acquire Tropic Oil Co., adding a third US regional operating centre to its portfolio.
Saudi Aramco signs MoU with Zhejiang Free Trade Zone
Saudi Aramco has signed a memorandum of understanding with China’s Zhejiang Free Trade Zone, expanding the company’s downstream investment.
SIBUR and Gazprom sign agreement for LPG supply
Following the preliminary agreement, Gazprom will supply LPG to SIBUR’s Amur Gas Chemical Complex.
Fluxys LNG and Qatar Terminal sign long-term LNG services agreement
Qatar Terminal and Fluxys LNG have signed a long-term LNG services agreement for the Zeebrugge LNG terminal.
Substantial completion reached for Train 2 at Corpus Christi
Cheniere has announced the substantial completion of Train 2 at the Corpus Christi liquefaction project in Texas, US.
INEOS acquires Ashland’s composites business
INEOS has completed the acquisition of Ashland’s Composites and Marl Intermediates businesses.