Downstream contract news
NextDecade sells US$50 million of convertible preferred stock
NextDecade agrees sale of stock to HGC and stockholders York, Valinor and Halcyon.
Valiant Midstream secures gas processing agreement with Antioch Energy
Valiant Midstream announces its agreement with Antioch Energy to gather and process natural gas in Oklahoma.
Advantage Midstream to provide gas processing for SandRidge Energy
Advantage Midstream announces agreement with SandRidge Energy to provide a natural gas refrigeration plant in Colorado.
Redwood Markets and EH Energy to deliver trade credit insurance to the LNG industry
Redwood Markets and One Source Risk Management have partnered with EH Energy to provide trade credit insurance to the LNG market through an online platform.
ExxonMobil and Burckhardt Compression sign global lubricants agreement
Burckhardt Compression and ExxonMobil will collaborate to produce new high performance lubricants and technical services.
BCCK partners with Navitas Midstream on Texas nitrogen rejection unit project
BCCK Holding Co. has been selected by Navitas Midstream Midland Basin, LLC for the construction of a Nitech® Nitrogen Rejection Unit in West Texas.
Vietnam petrochemicals complex signs loan agreements worth US$3.2 billion
SCG has signed loans with six financial institutions and will begin construction on the Long Son Petrochemicals project this quarter.
Carboline acquires Strathmore and American Coatings brands
Strathmore and American Coatings manufacture high-performance coatings for the oil and gas industry and tank builders.
INEOS Baleycourt and INEOS ChloroToluenes sold to Valtris Specialty Chemicals
Following clearance from the European Commission, INEOS Enterprises has confirmed it has concluded the sale of INEOS Baleycourt and INEOS ChloroToluenes (ICT) to Valtris Specialty Chemicals for an undisclosed amount.
Saipem awarded downstream contracts
Saipem has been awarded contracts worth approximately US$800 million in total.