ALL NEWS
Updated daily, the Tank Storage team brings you the latest in storage terminal and technical news, as well as digitalisation strategies, news about the energy transition and incidents around the world
EGAS & New Fortress Energy Sign FSRU Agreement
EGAS has signed an agreement with New Fortress Energy, to lease a second floating storage and regasification unit (FSRU). The unit will receive, store, regasify, and deliver liquefied natural gas
MFE Inspection Solutions Launches the Detect LW
MFE Inspection Solutions has launched the Detect LW, the first ever long-wave, uncooled OGI camera that meets the EPA’s 40 CFR part 60 Appendix K requirements as part of OOOOa,
Shell & Equinor To Create UK Oil & Gas Company
Equinor and Shell are to combine their UK offshore oil and gas assets to form a new company, which will be the UK North Sea’s biggest independent producer. The incorporated
ExxonMobil Announces Leadership Changes
ExxonMobil has announced some leadership changes. Effective February 1, 2025, Dan Ammann, will step into a new role as upstream president, while Barry Engle, currently senior executive advisor to ExxonMobil’s
Kent Awarded 3-Year EPCm Framework with BP
Kent has been awarded a three-year global engineering, procurement, and construction management (EPCm) framework contract by BP. The framework covers the full scope of EPCm services, supporting BP’s asset lifecycle,
TotalEnergies Marks 50 Years in Saudi Arabia
TotalEnergies is celebrating 50 years of operations in Saudi Arabia. The company has had success with its multi energy strategy in the Kingdom with its flagships projects in the downstream
VTTI & Snam Finalise Acquisition of Adriatic LNG
VTTI and Snam have completed the acquisition of shares in Terminale GNL Adriatico (Adriatic LNG), the company that owns the liquefied natural gas (LNG) regasification terminal operating in the waters
Baumer Develops Immersion Flow Sensor
Baumer has developed a robust, cost-effective electromagnetic immersion flow sensor, specifically designed for water pressures up to 100 bar (1450 lbs per square inch), making it an ideal choice for
Your 2024 Winter Edition is out now
The biggest news this month (probably true no matter what month you read this in!) is the result of the latest US election. Having printed this latest edition in the
New Edition of EEMUA 191 Released
EEMUA has released Edition 4 of EEMUA 191, Alarm systems – A guide to design, management and procurement. Since it was first published in 1999, EEMUA 191 has become the
Keeping Climate Promises
FETSA and UPEI share a joint statement on 2050 climate goals in the wake of COP29 During COP29, taking place in Azerbaijan, FETSA, the Federation of European Tank Storage Associations
Colonial Terminals Appoints Robert Neumann as VP Sales & Marketing
Savannah-based Colonial Terminals (CTI), an industry leader in the handling and storage of liquid and dry bulk products, has announced that Robert Neumann has been named vice president of sales
Buckeye Simulates Oil Spill
Fuel terminal operator Buckeye Partners recently held a large- scale safety exercise at Port Tampa Bay, Florida, USA, to test its action plan. The drill simulated a large oil and
TGE Raises INEOS Project One Tank Roof
TGE Gas Engineering has successfully air raised the roof of the 197,000 m³ ethane tank for INEOS Project ONE in Antwerp, Belgium, the company announced on LinkedIn. The roof, fabricated
ClonBio Selects Seeq for Industrial Analytics
Seeq and ClonBio have announced a multi-year commercial agreement for the Seeq industrial analytics and AI platform to be leveraged across ClonBio’s biorefinery assets in Europe and its principal asset
Petrofac To Support Finnish Carbon Capture Project
Petrofac’s consulting team, based in Woking, UK, is providing engineering support to Vantaa Energy, a Finnish urban energy company, on a project that seeks to capture and store carbon dioxide
UAB-Online Develops Digital Notice of Readiness
UAB-Online has upgraded its digital Notice of Readiness (NoR) for seagoing vessels. In the platform, users will now see a new NoR process and an adjusted time for NoR that
Ammonia-Fuelled Carriers Developed in Copenhagen
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), aims to provide end-to-end solutions for the safe delivery of clean ammonia to shipping companies. The Energy Transition Fund has
Exolum Launches H2ROAD
Exolum has launched a line of business called H2ROAD with the aim of leading the energy transition by providing efficient, optimised integrated logistics solutions across the entire hydrogen value chain,
Burckhardt Compression Wins Order For Germany LNG Terminal
Burckhardt Compression has been selected to supply critical boil-off gas (BOG) and pipeline injection compressors (MSO) for a new LNG regasification terminal in Brunsbüttel, Germany. This terminal will play a
Eni Launches Nguya FLNG in China
Eni has launched of the hull of the Nguya floating liquefied natural gas (FLNG) facility in Wison shipyard in Nantong, China. The state-of-the-art FLNG will have a liquefaction capacity of
LBC Tank Terminals Acquires Evolution Terminals
LBC Tank Terminals has acquired 100% of the shares of Evolution Terminals, from Vision Energy Holdings AG. The project will be developed on prime land at the entrance of the
Air Liquide to Produce Hydrogen for TotalEnergies
Air Liquide has announced a renewable hydrogen production project at La Mède, France, to cover the hydrogen needs of TotalEnergies’s biorefinery. Air Liquide will build, own and operate a new
ConocoPhillips Acquires Marathon Oil
ConocoPhillips has completed its acquisition of Marathon Oil. In accordance with the terms of the merger agreement, each share of Marathon Oil common stock was converted into the right to
BP Reaches FID on Indonesia CCUS Project
BP, on behalf of the Tangguh production sharing contract partners, today announced a final investment decision on the $7 billion Tangguh Ubadari, CCUS, Compression project (UCC), which has the potential
Clean Hydrogen Works Awards McDermott FEED Contract
Clean Hydrogen Works has awarded McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE) Project, in Louisiana, USA. The ACE project will initially produce 2.4
Odfjell Terminals Expands Storage Capacity in Ulsan
Odfjell has announced the approval of a new expansion project at Odfjell Terminals Korea (OTK). The project comprises a new tank pit of ten tanks and will significantly broaden services
Industrial Fire in Oklahoma Put Out
The Tulsa Fire Department (Oklahoma, USA) partnered with Holly Frontier Fire & HAZMAT to put out a fire at the AXEL Royal Oil & Grease facility in west Tulsa on
‘Open Season’ for Chane’s Rotterdam Ammonia Import Terminal
After three years of technical work and preparations, Chane is entering the next phase of decision making regarding the development of a new storage facility in Rotterdam, Netherlands, focused on
BBGI, Keppel, & CleanEdge Partner For Bio-LNG
BBGI Public Company (BBGI) has partnered with Keppel, through its infrastructure division, and CleanEdge, by signing a memorandum of understanding (MOU) to jointly research and develop a bio-LNG (liquefied biomethane)
May River Capital Acquires Cashco
Cashco has been acquired by May River Capital, a Midwest-based private equity firm. Under the leadership of president Clint Rogers, Cashco has achieved impressive growth over the past several years.
LR & SHI Partner For Green Ammonia FPSO
Lloyd’s Register (LR) has signed a memorandum of understanding with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia.