Downstream contract news
ADNOC signs long-term agreement for base oil sales to IndianOil
ADNOC will expand its access to India by supplying its Group III base oil, ADbase, to IndianOil.
McDermott awarded petrochemicals contract in Kuwait
McDermott will supply the basic engineering, technology licence, and catalyst for an integrated petrochemicals unit in Kuwait.
Black & Veatch to proceed with conversion of Golar FLNG vessel
Black & Veatch receives full notice to proceed on conversion of Golar FLNG vessel for BP field development work.
GEA to supply thomas zement turnkey plant for the reduction of NOx in flue gas
GEA has received an order from thomas zement for a turnkey plant for the reduction of NOx in flue gas.
LyondellBasell licenses 1.1 million tpy Hostalen ACP capacity to PetroChina
PetroChina will use LyondellBasell’s Hostalen ACP technology for three petrochemical plants with a total capacity of 1.1 million tpy of HDPE.
Trafigura enters into petrochemical trading joint venture
Trafigura Group is being joined by executives from the petrochemical industry in creating two new petrochemical trading entities.
Dow and PETRONAS collaborate to cut carbon emissions
Dow will work with PETRONAS Chemicals Group as its first carbon savings contributor to the Dow-International Olympic Committee Official Carbon Partnership.
Aramco signs supply arrangement with PKN Orlen
The agreement stipulates that Aramco will supply Arabian crude oil to the Polish oil refiner, PKN Orlen, in exchange for high sulfur fuel oil.
Siemens to deploy, operate and maintain Brazilian cogeneration plant
Braskem has signed an agreement with Siemens to modernise a cogeneration power and steam plant at its petrochemical complex in Sao Paulo, Brazil.
KBR to collaborate with BHGE in developing mid-scale LNG reference design
As part of KBR’s policy of broader collaboration for LNG solutions, KBR will install BHGE gas turbines in its LNG facilities.