Meridian has signed a letter of intent with an unidentified firm to support midstream logistics for its grassroots 49.5kbd (2.475Mnta) high-conversion Davis refinery to be built in Billings County Under the agreement, the yet-to-be identified firm will build, own and operate the crude oil and refined product midstream and logistics installations for the refinery.
HES Wilhelmshaven Tank Terminal is in the process of reinstalling the vacuum distillation unit (VDU) at Wilhelmshaven to produce low-sulphur bunker fuels ahead of the implementation of the IMO rules, following a deal struck with Royal Dutch Shell.
Argentina's Pan American Energy (PAE) has requested up to $400 Mn in financing through IFC to complete the expansion of its Campana refinery in Buenos Aires.
Mexico has invited several foreign companies to bid on the design and construction of Pemex’s new $6-8 Bn oil refinery near the Port of Dos Bocas in the Mexican state of Tabasco.
Saudi Aramco has awarded a contract to KBR to provide technology for a supercritical solvent deasphalting (SDA) unit as part of a residue upgrading and clean fuels project at its 126kbd Riyadh refinery in Saudi Arabia.