Downstream contract news

Baker Hughes is set to acquire Chart Industries, accelerating its energy and industrial technology strategy.

The European Investment Bank (EIB) has approved a loan of up to €264 million to Snam, with the aim of facilitating the integration of biomethane production plants into Italy’s energy infrastructure.

Solvay has reduced scope 3 greenhouse gas emissions by incorporating biogenic CO2 – provided by Air Products – into its soda ash and bicarbonate production plant in Dombasle, France.

New Fortress Energy Inc., via a subsidiary, has executed a 5-year agreement for the deployment of the Energos Winter, an FSRU, with the Egyptian Natural Gas Holding Co. (EGAS).

BASF and AltaGas have signed a long-term commercial agreement for the supply of butane via AltaGas and Royal Vopak's Ridley Island Energy Export Facility (REEF) commencing in 2027.

SWISS has become the first airline to integrate the solar fuel manufactured by the Swiss-based Synhelion clean-tech company into its regular flight operations.

Valmet has received an order from Saica Group to supply a biomass boiler and flue gas cleaning system for Saica Group’s plant in El Burgo de Ebro, Zaragoza, Spain.

Sasol Chemicals and German startup INERATEC have signed a letter of intent (LoI) committing to the supply of Sasol’s next generation catalyst as soon as the development cycle is completed in 2026.

bp has announced that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, as part of its divestment programme to focus business on low-carbon energy and oil and gas.

MT Group has been awarded a major contract for the execution of all topside and onshore-based infrastructure at the new jetty in Brunsbüttel FSRU LNG terminal in Germany.