Downstream news

INEOS has completed the formation of a 50/50 joint venture with SINOPEC for the Tianjin Nangang Ethylene Project in China.

Wood has been awarded a multi-year enterprise framework agreement to continue to provide services to Shell’s global projects.

United Energy Corp., a natural gas producing energy company, has announced a joint venture (JV) partnership with Bridge Energy.

N2 Solutions (N2S) has announced the acquisition of PFS Nitrogen Services (PFS), a nitrogen technology company supporting the pipeline and petrochemical industry.

Air Products has announced it will increase production capacity at its LNG equipment manufacturing facility in Florida, US.

The plant is expected to fabricate the largest shop-built cryogenic tanks ever manufactured globally, with manufacturing production set to begin in 1Q24.

Enerkem Inc. and Technip Energies have announced a collaboration agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products.

Following the Freeport LNG terminal’s return to service, natural gas deliveries to US LNG export facilities set a record in 1H23.

Fulkrum has been awarded a contract for the provision of third-party inspection services on Sempra Infrastructure’s Port Arthur LNG (PALNG) Phase 1 project in Port Arthur, Texas, US.

BP and OMV have signed a long-term sales and purchase agreement (SPA) covering supply of up to 1 million tpy of LNG.