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Downstream contract news

Aramco and Yokogawa announce major AI milestone

Yokogawa Electric Corp. has announced that it has achieved a historic milestone in the deployment of industrial artificial intelligence (AI) solutions with Aramco.

 

Samsung E&A and Honeywell sign Memorandum of Understanding

Samsung E&A has announced its intention to collaborate with Honeywell to explore opportunities to drive technology advancement, boost energy efficiency, and expand collaborative efforts in the global energy sector.

 
 

Brazil is expanding its LNG import infrastructure

Companies operating in Brazil have expanded the country’s LNG regasification infrastructure since 2020, more than doubling its import capacity, the EIA has reported.

 

Albemarle to sell stake in Ketjen to KPS

Albemarle Corp. has announced it has entered into a definitive agreement to sell a controlling stake in Ketjen Corp.’s refining catalyst solutions business to KPS Capital Partners, LP (KPS).

 
 
 
 
 

SIAD selected for Pacifico Mexinol project

SIAD Americas LLC has been selected to provide an air separation unit for the Pacifico Mexinol ultra-low carbon methanol project in Sinaloa, Mexico.