Downstream contract news
Duqm Refinery receives multi-source project financing
The US$4.61 billion sourced for the project represents the largest project financing in the Sultanate of Oman.
Limetree Bay Refining reaches agreement in principle on St. Croix refinery restart
Unspecified oil company to enter into a tolling agreement and serve as the refinery’s supply and offtake counterparty.
Total and Sempra Energy sign MoU for development of LNG export projects
Agreement contemplates Total contracting for up to 9 million tpy across projects in Louisiana and Mexico.
Saudi Aramco and SABIC announce crude-to-chemicals complex at Yanbu
The integrated industrial complex is expected to begin operations in 2025.
Phillips 66 and REG announce plans for renewable diesel facility
The plant will take feedstocks of waste fats, oils and greases, and be located on the US West Coast.
Metso closes its acquisition of India based Rotex Manufacturers and Engineers Pvt. Ltd.
Metso has successfully completed its acquisition of the valve automation division of India based Rotex Manufacturers and Engineers Private Limited (RMEPL), by acquiring all of the shares in RMEBS Controls Private Limited (RMEBS).
Sonatrach to use Honeywell technologies to produce cleaner-burning high-octane fuels
Sonatrach’s Algerian facility will produce 200 000 tpy of methyl tert-butyl ether.
Linde partners with Sinochem on new air separation unit
The joint venture marks the first partnership between the companies.
Air Products to build two ASUs for coal gasification facility
Air separation units at the Tennessee facility will be owned and operated by Air Products.
TechnipFMC signs refinery expansion contract with MIDOR
TechnipFMC will undertake EPC work at MIDOR’s existing Egypt refinery.