Downstream contract news
Chevron announces senior leadership appointments
Pierre Breber named Vice President and Chief Financial Officer; Mark Nelson named Executive Vice President, Downstream & Chemicals; and Colin Parfitt named Vice President, Midstream.
Pembina Pipeline Corp. announces positive final investment decision on an integrated petrochemical facility
The facility is expected to be in-service in mid-2023.
GlobalData: EMEA region recorded most contracts in the oil and gas industry in 4Q18
Of the 1132 awarded contracts reported in the oil and gas industry in 4Q18, 487 were in EMEA.
TechnipFMC awarded contract for ExxonMobil refinery expansion project
The new units of this expansion project will be integrated into the existing facilities at the refinery.
SABIC, Saudi Aramco declare intent to develop Yanbu industrial park
The signing took place on the sideline of the inauguration ceremony of the National Industrial Development & Logistics Program (NIDLP).
Saudi Aramco, TechnipFMC and Axens advance crude-to-chemicals technology
The technology has the potential to convert more than 60% of a barrel of crude oil into chemicals.
Hartree Partners and Oaktree announce formation of bulk liquid terminal platform
The partners have put up an initial equity commitment of up to US$735 million.
ADNOC signs refining and trading partnership agreements with Eni and OMV
Following a highly-competitive selection process, Eni was awarded a 20% share in ADNOC Refining, with OMV awarded a 15% share.
WABAG secures desalination order from Mangalore Refinery
This is the second consecutive desalination order by WABAG, preceded by a recent order in Tunisia.
Rosneft enters into agreement for management of Lebanese oil products terminal
The agreement was reached with the Ministry of Energy and Water of the Lebanon Republic.