Downstream contract news

Technip Energies has launched a standardised, fully modular and electrified LNG solution enabled by Honeywell Technologies and Siemens Energy.

CB&I and AG&P Industrial have completed and commissioned two 60 000 m3 full containment LNG storage tanks at the LNGPH Ilijan LNG facility in the Philippines.

Perpetual Next has announced the appointment of Bilfinger as Owner’s Engineer for the further development of its DeltaTorr and DeltaNor projects in Delfzijl, the Netherlands.

Oil markets remain under intense pressure as disruptions to crude and refined product supplies from the Strait of Hormuz crisis continue to ripple through global markets, the IEA has reported.

Following the licence agreement signed between S-Oil and Axens in late 2024 for Axens’ Liquid Phase Xylene Isomerization (LPI) technology, the project has now reached final investment decision.

Clariant, in partnership with Lummus Technology, has announced that it has been awarded a contract by Zhejiang Petroleum & Chemical Co. Ltd to supply its CATOFIN™ catalyst and HGM for a new propane dehydrogenation unit in Zhejiang Province, China.

Argent LNG has signed a memorandum of understanding with the Government of the Republic of Albania to jointly evaluate the development of a large scale onshore LNG storage and regasification terminal on the Albanian coast.

Yokogawa Electric Corp. have signed an agreement with ELES and Plinovodi, and to advance the nationwide hydrogen ecosystem in Slovenia.

Axens and Wison Engineering have signed an MoU to explore collaboration opportunities on global SAF and eSAF projects, including the Fischer-Tropsch pathway.

Sapphire Gas Solutions has announced the acquisition of assets owned by Spectrum LNG, a leading small scale LNG producer.