Downstream contract news
Maire Tecnimont wins new contracts
Maire Tecnimont has been granted a FEED contract by African Refineries Port Harcourt Ltd for a 100 000 bpd refining plant.
Honeywell technology selected to modernise Egyptian refinery
Alexandria National Refining and Petrochemical Co. (ANRPC) will upgrade its existing naphtha complex using Honeywell UOP engineering services.
CGG and Kent announce strategic carbon capture and hydrogen partnership
The companies will use their combined experience to work on CCUS development and hydrogen production in an effort to accelerate global decarbonisation.
BASF and Henkel focus on renewable raw materials in Henkel’s consumer goods products
Around 110 000 tpy of fossil-based ingredients will be substituted with renewable carbon sources using BASF’s certified biomass balance approach. The measure will ramp up quickly and avoid around 200 000 t of CO2 emissions in total.
Neste and CINEA sign the EU Innovation Fund’s grant agreement for its clean hydrogen project
The EU Fund announced a grant decision of €88 million to Neste’s clean hydrogen project in Porvoo, Finland.
Neste’s divestment of base oils business to Chevron has been completed
The agreement, which was signed in October 2021, has now been approved by regulatory authorities.
Atlas Copco Gas and Process compressor supports CO2 storage in biofuel plant
Atlas Copco Gas and Process will supply CO2 compression equipment to one of Europe’s most ambitious renewable biofuels plant projects.
ExxonMobil acquires Materia, Inc.
ExxonMobil has acquired California-based Materia, Inc. – developer of technology for manufacturing a class of materials that can be used in a number of applications.
China Gas and Beijing Gas Group enter into agreement
Under the agreement, the companies will cooperate in the procurement of imported natural gas resources; construction and utilisation of urban gas storage tanks; and supply of natural gas to downstream companies.
Woodside and BHP Group sign merger agreement
The companies have signed an agreement for the merger of BHP Group’s oil and gas portfolio with Woodside.