Downstream contract news
Cheniere and Petronas sign LNG sale and purchase agreement
Petronas LNG will purchase 1.1 million tpy of LNG from Sabine Pass Liquefaction.
McDermott awarded two polypropylene technology contracts in India
Indian Oil Corp. has awarded McDermott the license and basic engineering design of two polypropylene plants.
IFM Investors and Trafigura create JV for Impala Terminals
The JV owns and operates Impala Terminals’ network of concentrates terminal infrastructure in Mexico, Peru and Spain.
Saudi Aramco and Raytheon sign MoU to establish JV in cybersecurity
The JV company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities.
Diesel Direct acquires Golden Gate Petroleum’s mobile refuelling business
The assets supply approximately 1000 customer sites in California with diesel, gasoline and DEF.
Port of Corpus Christi selects Lone Star Ports to lead crude oil export terminal development
The terminal on Harbor Island, Texas will service fully-laden VLCCs.
Bilfinger and EMC sign MoU to deliver maintenance and modernisation
Agreement covers both companies’ growth opportunities in Egypt’s hydrocarbon, energy and industrial sectors.
Long-term Montney gas processing agreement fills SemCAMS’ Wapiti gas plant
The take-or-pay agreement secures Montney gas for a 10-year term.
Absolute Air to build air separation plant in Minnesota
The plant will produce oxygen, nitrogen, and argon for use in customer applications such as metal fabrication, blanketing, purging, combustion, chilling and freezing.
Fulcrum BioEnergy to build waste-to-fuel plant in Indiana
Centerpoint BioFuels Plant will convert solid waste into low-carbon, renewable fuel.