Downstream contract news

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.

Emvolon, an MIT spin-off, and Montauk Renewables, Inc. have announced a joint venture (JV) to develop multiple biogas-to-green methanol projects.

SAMSUNG E&A has received a letter of award for the FEED contract for the Indonesia INPEX Abadi Onshore LNG project from INPEX Masela Ltd.

MOL has imported 85 000 t of CPC blend into the Central and Eastern European region and signed an oil trading contract with Kazakhstan’s national oil company, KazMunayGas (KMG).