Downstream contract news
Vitol to acquire 50% in Brazilian downstream company Rodoil
Vitol will acquire 50% in Rodoil’s network of service stations and terminals.
LiqTech signs framework agreement with marine scrubber manufacturer
Agreement to initialise development of a new product aimed at compliance with IMO regulations.
Meridian contracts with Axens for final process designs for Davis refinery
Axens has been selected as the technology provider for the final stages of basic engineering design at Meridian’s Davis refinery.
PBF Logistics closes acquisition of east coast storage assets
PBF has acquired a storage facility and other idled assets located near the Paulsboro refinery, New Jersey.
McDermott awarded olefins contract in Thailand
McDermott will provide basic engineering and license of technology at Map Ta Phut Olefins’ petrochemical plant.
SNC-Lavalin signs project management contract in Vietnam
SNC-Lavalin has announced that it has signed a project management contract (PMC) with Long Son Petrochemicals Company Limited (LSP), a subsidiary of the Siam Cement Public Company Limited (SCG) of Thailand.
Chart Industries to acquire VRV Group
Definitive agreement signed as acquisition supported by strategic segment realignment.
KNOT orders new shuttle tankers for charter with Equinor
KNOT Offshore Partners has been awarded a contract to build two DP2 shuttle tankers, to be chartered by Equinor.
Essar extends engagement with Svitzer in Liverpool
vitzer will provide Essar Oil UK with towage service related to the Stanlow Manufacturing Complex in Ellesmere Port.
Pin Oak Holdings to sell Mt. Airy terminal to MPLX
Pin Oak Holdings will maintain an economic interest in the facility after the US$450 million transaction.