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Power Plant

M&A and JV Contracts

Contract Type Project Parties Date
JV Agreement Eastern Seaboard Refining & Marketing JV BP/Independent 3rd party (P&C) 2009
Acquisition of minority share in
NWE refinery
31% share of Nerefco refinery BP/Chevron Texaco 2007
Sale of UK refinery and
associated pipelines
Sale of Coryton refinery whilst maintaining UK retail presence BP/Petroplus 2007
Sale and Leaseback of JV
refinery Barge Terminal in
Rotterdam
Conversion of Capital and
revenue costs to 5 year tolling agreement
BP/VoPak 1997

Conversion of unit cost to Treat
contract

Diesel additive costs dependent on success not usage BP/Exxon subsidiary
Paramins
1998
Creation and Operation of pan
European Fuels JV
Combination & Operation of BP and Mobil fuels businesses across Europe BP/Mobil 1997
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