Trafigura enters into petrochemical trading joint venture
Trafigura Group is being joined by executives from the petrochemical industry in creating two new petrochemical trading entities.
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The agreement stipulates that Aramco will supply Arabian crude oil to the Polish oil refiner, PKN Orlen, in exchange for high sulfur fuel oil.
Braskem has signed an agreement with Siemens to modernise a cogeneration power and steam plant at its petrochemical complex in Sao Paulo, Brazil.
As part of KBR’s policy of broader collaboration for LNG solutions, KBR will install BHGE gas turbines in its LNG facilities.
MHPS have signed a TLA with CSIC Longjiang GH Gas Turbine Co. Ltd in a move aimed at meeting China’s rising demand for distributed power generation.
KBR has won an engineering, procurement, and construction contract for Pieridae’s LNG facility in Goldboro, Nova Scotia.
Shell will purchase 2 million tpy of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas, US.
The 105 000 bpd RHDS unit started up in May 2018 and passed performance guarantees in December 2018.
Working together, both parties will explore opportunities for cooperation to promote natural gas and LNG development.
Nakilat-Keppel Offshore & Marine (N-KOM) has successfully completed its first floating storage regasification unit (FSRU) project.
