TECHNICAL NEWS
Don’t miss the latest developments and innovations in the storage tank industry. From cutting-edge technology and equipment, to advancements in safety and environmental practices, stay up-to-date with the latest trends and best practices that are shaping the future of the industry by exploring our technical news section.
ExxonMobil to deploy Honeywell carbon capture technology
Multinational conglomerate, Honeywell has announced that oil and gas corporation, ExxonMobil will deploy one of Honeywell’s carbon capture technologies (Honeywell’s CO2 fractionation and hydrogen purification system) at its integrated complex in Baytown, Texas, USA. This technology is expected to enable ExxonMobil to capture about 7 million tons (6.35 million tonnes)
Libertine announces signing of term sheet with Azelio AB
A developer of linear generator technology, Libertine has signed a term sheet with cleantech, Azelio AB to jointly integrate and licence Libertine’s HEXAGENTM platform for energy storage applications. Since 2020, Azelio has been working closely with Libertine to evaluate the use of Libertine’s HEXAGENTM platform to enhance the efficiency and
Kinder Morgan Nevada pipeline leak
The state of Nevada, US has announced an emergency since a leak in a pipeline that supplies fuel to Las Vegas, was detected. Kinder Morgan Energy Partners, the operator of the affected pipeline, stated the leak was detected on Thursday 9 at a pumping station in Long Beach, California, US.
Neste and Scania pilot digital solution for tracking renewable fuels
Renewable fuels giant, Neste, and manufacturers, Scania, are piloting a digital solution that enables easy follow-up and verification of each truck’s usage of renewable fuels. Combining data from Scania Fleet Management Portal with Neste’s fuel emission data, the solution will provide Scania’s customers with accurate, up-to-date data for their greenhouse
Holger Kreetz appointed new COO of Uniper
Holger Kreetz, previously head of Uniper’s asset management division, will become the new chief operating officer (COO) and a member of Uniper’s management board. David Bryson, whose departure from Uniper was announced at the beginning of the year, will step down from the management board by the end of February.
Fabrum raises $23 m series A for technologies to decarbonise the economy
New Zealand company Fabrum, a world leader in zero-emission transition technologies to enable a lower-carbon economy, has announced its $23 million (€21.3 million) Series A financing led by London-headquartered AP Ventures, with participation from Australia-based Fortescue Future Industries, Japan-based Obayashi Corporation and New Zealand-based K1W1. With the new funding, Fabrum plans
Well Services Group acquires Nitrovia
Industrial services company, Well Services Group (WSG) has acquired French company, petrochemical specialist Nitrovia. Nitrovia provides a full range of services to the petrochemical, refineries and pipeline industries. Nitrovia’s core management team, David Delquignie and Marc Montagut, will continue to grow the business across continental Europe under the WSG brand.
Earthquake in Turkey halts crude operations
A massive earthquake struck Turkey and Syria on Monday and halted operations at Turkey’s major oil export hub in Ceyhan. This stopped key crude oil flows from Iraq and Azerbaijan says officials. The BTC terminal at Ceyhan that exports Azeri crude oil will be closed through Wednesday pending damage assessments.
Re-Gen Robotics appoints new managing director
Aidan Doherty has been appointed managing director of Re-Gen Robotics to lead the development of the company which uses no-man entry, explosion proof robots to clean a huge variety of storage tanks in the oil and gas industry. Aidan is a founding member of the Re-Gen Group which employs over
Actility and TWTG partner to strengthen industrial LoRaWAN solutions
Actility and TWTG have announced a partnership to open opportunities for more LoRaWAN applications by offering partners and customers clear benefits. Wirelessly connecting devices to the internet and managing communication between end-node devices and network gateways, is increasingly in demand for industrial applications. Both companies are firm believers that this
Baker Hughes and Fortescue Future Industries sign MoU
Oil field services companies, Baker Hughes has announced a memorandum of understanding (MoU) with renewable energy and green hydrogen asset company, Fortescue Future Industries. The MoU is to jointly explore potential opportunities for the scale up and adoption of novel technology solutions for green hydrogen, green ammonia and geothermal projects. The companies
Stolthaven Terminals and XL Batteries sign MoU
Stolthaven Terminals and grid scale energy storage, XL Batteries have signed a memorandum of understanding (MoU) for the development of a flow battery with industrial-scale electricity storage capability. The partnership brings together XL Batteries’ expertise and innovations in flow battery technology and Stolthaven Terminals’ global presence in providing bulk liquid
Chevron and AIR partner for new technology for in-service tank inspection
Multinational energy corporation, Chevron is contributing to a joint collaborative development project for robotic solution company, Applied Impact Robotics (AIR) technology. This novel robot solution enables remote, in-service inspection of crude oil above ground storage tanks (ASTs). The current inspection processes result in major cost, safety, and environmental concerns, prompting
Saudi Aramco announces investment in Terra Drone
Leading oil producer, Saudi Aramco has announced it is making a multi-million dollar investment in Japanese drone and air mobility technology company, Terra Drone. This investments falls in line with Saudi Arabia’s long-term initiative to reduce the nation’s dependence on hydrocarbons. Through its $200 million (€184 million) venture capital arm,
Suma announces management expansion
Manufacturer of agitators, Suma has annouced the expansion of their management board. Since January 01, 2023, Lena Thürwächter has been a member of the management board at Suma and in future, will be responsible for the sales, finance and IT divisions. After completing her master’s degree she took part in
Hive Energy invests in green hydrogen storage and carrier technology
UK-based renewable energy company, Hive Energy, has invested $1.6 million (€1 million) in Australia-based Carbon280 alongside Woodside Energy, a global energy company founded in Australia. A total of $7.6 million (€4.9 million) has been successfully raised to fund the pilot of the Hydrilyte hydrogen storage technology, in which Carbon280 has
Baker Hughes announces new EVP of industrial & energy technology
Oil field services companies, Baker Hughes has announced Ganesh Ramaswamy as executive vice president (EVP) of the industrial & energy technology (IET) business segment as of January 16. Ramaswamy’s appointment is another step in the company’s strategic plan to simplify its operations, enhance profitability, and drive growth in the rapidly
Air Liquide technology selected for INPEX project
French multinational gas company, Air Liquide (Engineering & Construction) has announced it will provide the technology for low-carbon hydrogen and ammonia production to a pilot project owned and operated by Japanese oil & gas exploration and production company, INPEX. Their autothermal reforming (ATR) technology will be part of the development of
Next generation of SIL1 and SIL2 announced
E2S Warning Signals, manufacturer of life safety notification signals for industrial, marine, and hazardous areas, is releasing its next generation of SIL1 and SIL2-compliant warning devices. The D1x, GNEx, STEx, AlertAlarm and AlertAlight ranges of alarm horn sounders, LED and Xenon Strobe beacons, plus combination sounders with beacons, are now
TWTG receives North America certification
TWTG’s latest set of Neon devices are ready to be rolled-out across the USA and Canada. TWTG has received FCC, FM, and IC certification for both the Neon Temperature Transmitter and the Neon Vibration Sensor for customers based in or with operations in North America. This includes customers in Europe
Akastor agree to sell Cool Sorption
Oil service investment company, Akastor ASA has entered into a share purchase agreement with terminal automation systems specialist, Diamond Key International (DKI) for the sale of all shares in Cool Sorption for DKK 20.4 million (€2.74 million) on a cash and debt free basis. Cool Sorption is headquartered in Glostrup,
TÜV Rheinland acquires part of ABB’s Energy Industries division
TÜV Rheinland is to acquire ABB’s UK technical engineering consultancy, part of ABB’s Energy Industries division. The acquisition will be integrated into TÜV Rheinland’s industrial services and cyber security business in the UK. The transaction is expected to close in Q2 of 2023. The combined business will establish a full-service
Baker Hughes awarded contract by PETRONAS
Energy technology company, Baker Hughes has announced it has been awarded a contract by Malaysia Marine and Heavy Engineering (MMHE) to supply carbon dioxide (CO2) compression equipment PETRONAS Carigali Sdn. Bhd.’s Kasawari offshore carbon capture and sequestration (CCS) projects in Sarawak, Malaysia. The project is expected to be the world’s largest offshore
Aker sign letter of intent for Just Catch units
Leading carbon capture provider, Aker, has signed a letter of intent for the delivery of two Just Catch units for an undisclosed European customer. Both units will be part of a project with a capture capacity of 200,000 tonnes of CO2 per year. The final investment decision is expected in
Oiltanking Deutschland announces management changes
Oiltanking Deutschland has announced that Reza Adami will assume role of managing director of Oiltanking Deutschland and Oiltanking Hungary from 1 January 2023. He succeeds Sven Thiessen, who will leave the company after more than 10 years. Adami has worked for Marquard & Bahls, Mabanaft, and Oiltanking in various positions since
N’GENIUS solution for LNG industry
N’GENIUS solution for LNG industry UK-based materials technology company, N’GENIUS, has developed a range of high strength austenitic stainless steels that will aid the design and construction of onshore and offshore facilities in the oil, gas and liquefied natural gas (LNG) sector. The N’GENIUS series is a complete set of
Koole Terminals partners with Falcker for autonomous drone use
In October, Koole Tankstorage Botlek (Koole Terminals’ Rotterdam facility) began a pilot of autonomous drone checks for tank leaks. The facility at the Port of Rotterdam, Netherlands, is an industry-first. The pilot will last until September 2023 and the drone will work alongside the manual process. This will allow Koole Terminals
PLIDCO announces six international partners
Pipeline leak repair and maintenance fittings company, The Pipe Line Development Company (PLIDCO) has announced that it has approved six international partners to serve as authorised refurbishing service centres (ARSCs). PLIDCO recently established ARSCs with its partners in Brunei, Canada, Colombia, Indonesia, Singapore and Qatar. The new ARSCs are strategically
Emerson launches pressure-reducing regulator
Global technology company, Emerson, has launched a pressure-reducing regulator specially designed for use onboard commercial hydrogen fuel cell vehicles. The dual stage and patented active seal design of the TESCOMTM HV-3500 Hydrogen Onboard Regulator delivers steady pressure and constant hydrogen fuel supply to fuel cells in the full range of
Technip Energies and Baker Hughes sign MoU
Engineering and technology company for the energy industry, Technip Energies, and industrial services company, Baker Hughes, have signed a memorandum of understanding (MoU). This sets groundwork for their cooperation on the joint development of a new above 1 and up to 2 million tons per annum (MTPA) (0.9-1.8 million tonnes)
Blue Ocean Seismic Services completes trial of marine technology
Blue Ocean Seismic Services, which is developing the world’s first fleet of autonomous underwater vehicles for capturing high-quality seismic data from the ocean floor, has announced that it has completed a successful round of sea trials that prove the quality of seismic data collection. The technology can be used for
Siemens Energy begins work on ammonia cracker
Siemens Energy has started work in Newcastle, UK, on a new £3.5 million (€4 million) ammonia cracker prototype designed to produce green hydrogen at an industrial scale and help tackle climate change by reducing carbon emissions. This is in development with global resources leader, Fortescue Industries and renewable energy company,