Downstream contract news
Tatneft and Slovnaft sign cooperation agreement
Focusing on developing their relationship in the downstream industry, Tatneft and Slovnaft have signed a cooperation agreement.
Wood awarded INEOS contract for European petrochemicals complex
Wood has been appointed program management partner by INEOS for its European petrochemicals development project.
Stork Consortium awarded turnaround framework agreement by Ecopetrol
Stork Consortium has been awarded a four-year turnaround framework agreement by Ecopetrol in Colombia.
Archrock to acquire Elite Compression
Following the agreement with Elite Compression, Archrock will acquire approximately 430 000 compression horsepower for US$410 million in cash and common stock.
Chevron Phillips and Qatar Petroleum sign petrochemical agreement
Chevron Phillips and Qatar Petroleum have signed an agreement to develop a petrochemical complex in Qatar.
Wood awarded two Norwegian FEED contracts
Wood will provide FEED services for Equinor’s gas processing plant upgrade and offshore modifications.
Air Liquide signs long-term supply agreements with Marathon Petroleum
Air Liquide has signed two long-term supply agreements with Marathon Petroleum for up to 900 tpd of oxygen in the Gulf Coast.
McDermott awarded paraxylene technology contract
McDermott has been awarded a technology contract in China for a large paraxylene plant.
Commonwealth LNG and Gunvor Singapore sign heads of agreement
Commonwealth LNG and Gunvor Singapore have signed a HOA for the offtake of 1.5 million tpy of LNG.
InfraStrata and Vitol sign binding term sheet for gas storage capacity offtake
InfraStrata has signed a binding term sheet with Vitol to enter into a gas storage agreement for long-term capacity offtake at a proposed storage facility in Northern Ireland.