Downstream contract news
Emerson acquires Zedi’s software and automation businesses
Emerson has acquired Zedi’s software and automation businesses in an effort to accelerate digital transformation in the oil and gas industry.
TC Energy enters agreement to sell Columbia Midstream assets
TC Energy is to sell Columbia Midstream assets for US$1.275 billion to UGI Energy Services.
McDermott and Chiyoda reach agreement with Cameron LNG
McDermott and Chiyoda have reached an agreement with Cameron LNG relating to the construction of its Louisiana liquefaction project.
Neste to divest its Russian fuel retail business
Neste is to sell its fuel retail business of 75 fuel stations and a terminal in the St Petersburg region to Tatneft.
Tatneft and Slovnaft sign cooperation agreement
Focusing on developing their relationship in the downstream industry, Tatneft and Slovnaft have signed a cooperation agreement.
Wood awarded INEOS contract for European petrochemicals complex
Wood has been appointed program management partner by INEOS for its European petrochemicals development project.
Stork Consortium awarded turnaround framework agreement by Ecopetrol
Stork Consortium has been awarded a four-year turnaround framework agreement by Ecopetrol in Colombia.
Archrock to acquire Elite Compression
Following the agreement with Elite Compression, Archrock will acquire approximately 430 000 compression horsepower for US$410 million in cash and common stock.
Chevron Phillips and Qatar Petroleum sign petrochemical agreement
Chevron Phillips and Qatar Petroleum have signed an agreement to develop a petrochemical complex in Qatar.
Wood awarded two Norwegian FEED contracts
Wood will provide FEED services for Equinor’s gas processing plant upgrade and offshore modifications.