Downstream contract news

Yokogawa is set to acquire Web Synergies, a provider of IT and integrated IT/OT solutions.

Lloyd’s Register (LR) has signed an agreement with the Hydrogen Ship Technology Center at Pusan National University (PNU) in South Korea, forming an international partnership aimed at advancing liquefied hydrogen carrier technology and cryogenic engineering.

On 17 April 2025, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, Ltd, MISC Berhad, and China LNG Shipping (Holdings) Ltd held a naming ceremony for a new LNG carrier for QatarEnergy.

JGC has accelerated large scale ammonia cracking technology development with Amogy's catalyst after signing a new MoU.

Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1.0 million tpy from Louisiana LNG LLC and up to 1.0 million tpy from its global portfolio.

CB&I, Shell, GenH2, and the University of Houston have announced the completion of a liquid hydrogen (LH2) storage tank concept at NASA's Marshall Space Flight Centre (MSFC) in Huntsville, Alabama, US.

Rönesans Holding is set to fuel economic growth with a new US$2 billion polypropylene (PP) production plant and terminal investments in Türkiye.

Shaista Mallik, Seeq, details how downstream operations face a variety of challenges that are surmountable by effective use of innovative digital tools.

Aldrin Tan, Tracerco, Malaysia, explores the use of nucleonic instrumentation within the growing Asian petrochemical market.

IndianOil has signed an MoU with the Government of Odisha for a 61 077 Crore mega petrochemical project in Paradip, India.