Indian Oil Corp. has awarded McDermott the license and basic engineering design of two polypropylene plants.
The US CPRI rose by 0.2% in November, following a 0.5% decline in October and a 0.2% decline in September.
Following the open season on its Roanoke pipeline expansions, Kinder Morgan Southeast Terminal will receive a US$9 million investment.
The facility processing capacity has been expanded, with additional liquids handling and underground acid gas disposal.
The company plans to upgrade capacity at the Sweeny Hub and invest US$923 million in refining operations.
Agreement covers both companies’ growth opportunities in Egypt’s hydrocarbon, energy and industrial sectors.
Analysis published by the Low Carbon Prosperity Institute shows new industrial facilities can play an important role in a low-carbon future.