Downstream contract news

Centrica plc has confirmed that its trading arm, Centrica Energy, has entered into a natural gas sale and purchase agreement (SPA) with US-based Devon Energy Corp.

Kintetsu World Express, Inc. (KWE) has announce that it has entered into a new agreement with Shell Aviation, regarding the use of sustainable aviation fuel (SAF).

Binh Son Refining and Petrochemical Joint Stock Co. (BSR) has exported its first batches of diesel oil (DO) to the Lao People’s Democratic Republic.

Transition Industries has signed a heads of agreement (HoA) with Bonatti S.p.A for critical infrastructure on the Pacifico Mexinol project in Sinaloa, Mexico.

Centrica plc has announced the acquisition of the Isle of Grain LNG terminal, UK, in partnership with Energy Capital Partners LLP (ECP) from National Grid group for an enterprise value of £1.5 billion.

Casale has announced the launch of a new project in partnership with Anhui Haoyuan Chemical Group, a major player in China’s chemical industry.

Cheniere Marketing, LLC and JERA have entered into a long-term LNG sale and purchase agreement.

Wood has secured a $50 million contract extension to provide maintenance solutions at Ampol’s Lytton refinery in Brisbane, Australia.

Baker Hughes has announced that it has completed its all-cash, US$540 million acquisition of Continental Disc Corp. (CDC) from investment partnerships managed by Tinicum Inc.

Hargrove Controls & Automation has announced a new partnership with ABB to deploy industrial digitalisation solutions for its clients across the refining, petrochemicals, and heavy manufacturing sectors.