Downstream contract news

Chevron Phillips Chemical and Qatar Petroleum have signed an agreement to jointly develop a petrochemical plant in the US Gulf Coast region.

Emerson has acquired Zedi’s software and automation businesses in an effort to accelerate digital transformation in the oil and gas industry.

TC Energy is to sell Columbia Midstream assets for US$1.275 billion to UGI Energy Services.

McDermott and Chiyoda have reached an agreement with Cameron LNG relating to the construction of its Louisiana liquefaction project.

Neste is to sell its fuel retail business of 75 fuel stations and a terminal in the St Petersburg region to Tatneft.

Focusing on developing their relationship in the downstream industry, Tatneft and Slovnaft have signed a cooperation agreement.

Wood has been appointed program management partner by INEOS for its European petrochemicals development project.

Stork Consortium has been awarded a four-year turnaround framework agreement by Ecopetrol in Colombia.

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 have signed an agreement to develop a petrochemical complex in Qatar.