Europe downstream news
Buckhardt Compression wins first order with a new line of cost-optimised compressors
Buckhardt Compression wins first order for its new compressor product line from Hyundai Engineering Co.
Gazprom Neft subsidiary NIS invests €72 million in production modernisation
€72 million has been invested by Gazprom Neft subsidiary NIS to modernise production at the Pancevo refinery.
2020 ‘to prove pivotal’ for European gas
Wood Mackenzie expects 2020 to be a pivotal year for European gas as storage and pricing issues increase.
VARO becomes majority shareholder in Bayernoil refinery
VARO has completed its acquisition of additional shares in the Bayernoil refinery, making it the majority shareholder.
Yamal LNG uses LNG transhipment tank at Zeebrugge LNG Terminal
Part of its transshipment agreement, Yamal LNG has begun using a dedicated LNG transshipment tank at the Zeebrugge LNG Terminal.
Mammoet signs contract with Borealis for New European PDH project
Mammoet has signed as the heavy lift and transport partner for Borealis’s New European PDH project.
McDermott awarded Serbian FCC modernisation contract
Naftna Industrija Srbije has awarded McDermott a contract for the modernisation of an existing FCC unit at its Serbian refinery.
Final investment decision reached on Rijeka Refinery project
MOL has announced that the INA Supervisory Board has reached a final investment decision for the Rijeka Refinery residue upgrade project.
Stork wins construction contract for HES Hartel Tank Terminal
Fluor has announced that Stork has been awarded a construction contract for HES Hartel Tank Terminal in the Netherlands.
GPS opens expanded storage and blending facility
GPS has announced the opening of its expanded gasoline, gasoline components and biofuels storage and blending facility in the Port of Amsterdam.