GlobalData: Downstream M&As down in 2H17
According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.
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According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.
The 700 000 tpy unit failed to restart as normal on Monday, following an unexpected idling due to minor glitches early that day.
The work entails a maintenance build contract for work on BP’s Tangguh LNG expansion project in Indonesia.
Eni has been contracted to construct two refining lines using Eni Slurry Technology at Zhejiang Petrochemicals’ facility.
SUEZ and CNPC inaugurated the International Downstream Congress, which will focus on wastewater treatment and water recycle plants for refineries and petrochemical complexes.
Petronas subsidiary, MLNG and Tokyo Gas have inked an LNG supply agreement for up to 13 years.
BASF has welcomed a fluid catalytic cracking additive that aims at addressing refinery demands.
Yokogawa has been awarded an order to supply gas chromatographs for a new integrated refinery and petrochemical complex in China.
Sinochem Group has started up a DuPont wet gas scrubbing system at its sulfur recovery unit to reduce emissions in order to meet current SOx regulations.
Scott Lehmann, Petrotechnics, UK, explains why it is essential to get the digital approach right if operators are to achieve operational excellence in the fourth industrial revolution.
According to Shell’s annual LNG Outlook, strong growth in LNG demand could cause a potential supply shortage in mid-2020s.
Exmar has announced that its FSRU barge, delivered at the end of 2017, has left the Wison offshore marine shipyard in Shanghai, China and is on en route to Singapore.