News

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Archive edition: Volume 19 - Issue 03 Date published: May 9, 2023 [real3dflipbook id='15']In this issue... Spearheading the digital revolution Aldrich Varilla from Odfjell Terminals US tells Tank Storage Magazine about winning an ORBIE and the company's digital transformation. Off-grid energy & meeting targets Tank Storage Magazine talks to Flogas Britain's…
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Vopak is celebrating the opening of 16 new tanks with a combined capacity at its Vlaardingen terminal in the Port of Rotterdam, Netherlands. The tanks have a combined capacity of 64,000 m³ and are designed to store waste-based feedstocks for the production of biodiesel and sustainable aviation fuel. This step will help meet the rising demand for energy from renewable sources in…
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Technip Energies has been awarded a FEED contract by Vestforbrænding for a carbon capture project connected to the latter’s waste-to-energy facility in Glostrup, Denmark.  The project will integrate the Cansolv carbon capture system into an optimised plant design to ensure maximum energy efficiency and performance. The plant will capture at least 450,000 tons (457,000 tonnes) of carbon per…
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Hyphen Hydrogen Energy has signed a Letter of Intent (LoI) with Koole Terminals. The LoI covers Hyphen’s proposed import of green ammonia into north-western Europe, via the import terminal being developed by Koole Terminals, located in Rotterdam, the Netherlands.  John Kraakman, CEO of Koole Terminals, says: ‘We are pleased to work with Hyphen to become a launching customer of our planned…
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European advanced unmanned aerial systems (UAS) company, Tekever, has signed a contract with a Canadian helicopter charter company, Phoenix Heli-Flight, to assist in the monitoring and assessment of critical oil and gas infrastructure. Phoenix will deploy the Tekever AR3 UAS to conduct pipeline inspections for oil and gas companies in combination with its own manned helicopters across a range of…
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Renewable energy company ACME,  and city gas distribution company IGL, have signed a memorandum of understanding (MoU) to jointly explore the potential business opportunities of green hydrogen. ACME and IGL will work jointly to promote the adoption and demand for green hydrogen to their customers. The companies will also work together to explore the opportunity of setting up hydrogen generation…
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The Netherlands has presented a new climate package worth €28 billion to reduce greenhouse gas emissions and combat climate change, in line with the EU’s target of reducing net emissions by 55% by 2030 compared to 1990.  The package includes a range of measures to reduce carbon emissions by 22 megatons by 2030 and make the electricity sector carbon-free by 2035 through 3 GW offshore…
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Solutions provider, OCI Global and independent liquid terminal company, NuStar Energy have announced that their affiliates have entered into an agreement for OCI to transport ammonia on a new segment of NuStar Pipeline. Under the arrangement, NuStar will install a new 14 mile pipeline segment that will connect OCI’s nitrogen facility in Wever, Iowa, USA with NuStar’s existing 2,000 mile…
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Iraq and TotalEnergies expect to kick-start a long-delayed $27 billion (€24.5 billion) project within the next two weeks, according to Iraq's oil minister Hayan Abdel-Ghani.  Abdel-Ghani said at a conference in Baghdad that he expects five side agreements, related to the deal, to be signed in the next two weeks. This would allow the project to commence.  Originally signed in 2021, the…
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The last large module has been delivered to the LNG Canada project in Kitimat, a joint venture comprised of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation.  The construction of the project is now more than 80% complete and is getting ready to commission, start-up and operate.  When completed, the facility will consist of a natural gas receiving and LNG…
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Gasunie has completed the construction of a new natural gas pipeline in the Amsterdamse Bos, Netherlands. At the moment, natural gas from the Groningen field is still used in industry. Due to the phasing out of production in Groningen, large companies such as power plants are switching to high-calorific natural gas. Two 800 m sections of the pipeline are already complete. The total length of…
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JERA, through its subsidiary JERA Asia, has concluded a memorandum of understanding (MoU) with Summit Corporation, a subsidiary company of Summit Power International, the largest independent power producer in Bangladesh to collaborate on the development of LNG supply, storage and regasification and LNG. In line with increasing gas demand and a decline in domestic gas production, Bangladesh needs…
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Engineering and technology company, Technip Energies and mechanical engineering group, John Cockerill have announced the launch of Rely, a unique provider of integrated and competitive green hydrogen solutions. Rely will offer end-to-end solutions, from pre-final investment decision services including technical and financial advisory through to proprietary products, project execution and…
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SBM Offshore has announced it has signed a 10 year operations and maintenance enabling agreement with Esso Exploration and Production Guyana for the operations and maintenance of FPSOs Liza Destiny, Liza Unity, Prosperity and ONE GUYANA. This agreement establishes the new terms related to the operations of the Guyana FPSO fleet for a period of 10 years up to 2033. This contract supports SBM…
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Log on now to access the full issue of the April/May 2023 edition of Tank Storage Magazine. Packed with exclusive content, this issue is the latest instalment from the Tank Storage team. But not for long! The June/July issue will be landing on shelves and desks in a matter of weeks. So, don't miss your chance to read all the exclusive interviews we've put together with Uniper's COO, Holger…
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Enbridge has announced that, through a wholly owned subsidiary, it has entered into a definitive agreement with FortisBC Holdings to acquire its interest in FortisBC Midstream, which holds a 93.8% interest in Aitken Creek Gas Storage facility and a 100% interest in Aitken Creek North Gas Storage facility (collectively, Aitken Creek Storage) for $400 million (€362 million).  Aitken Creek…
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Singapore based global energy company, Pavilion Energy has announced a partnership with Japanese climate technology company, Asuene, to support and facilitate energy transition in Singapore and Japan. This will be done through trading of carbon offsets. The partnership is aligned with Singapore’s and Japan’s commitment to achieve net zero targets. Ong Seng Leong, head of energy financial…
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