Contract news

OCI Global has announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding to AGROFERT for a total consideration of €290 million.

Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.

Japan Organization for Metals and Energy Security (JOGMEC) has announced that their crude oil storage, throughput, and tank lease agreement with Aramco has been renewed in Okinawa, Japan.

Oman Tank Terminal Co. (OTTCO), a subsidiary of OQ Group, and Royal Vopak have signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm, Oman (SEZAD).

EXMAR has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary of Gasunie and Vopak, to extend the operation of the Eemshaven LNG import terminal after 2027, the Netherlands.

ClassNK has issued an approval in principle (AiP) for a methanol fuel tank design concept developed by SRC Group, which demonstrates its feasibility from regulatory and safety perspectives.

Snam has signed an agreement with Higas to initiate a period of exclusive assessment and negotiation regarding the potential acquisition of the company’s share capital, as well as the expansion and conversion of the current coastal storage facility into a FSRU.