News

Japan Organisation for Metals and Energy Security (JOGMEC) has announced that their crude oil storage, throughput, and tank lease agreement with petroleum and gas company, Aramco, has been renewed. This joint project began in 2010 and has been renewed every three years. Under the agreement, JOGMEC leases 13 national crude oil stockpiling tanks at the Okinawa CTS corporation base located in Asia,…
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Finnish state-owned natural gas transmission system operator, Gasgrid, has announced the construction work on the port terminal for the liquefied natural gas (LNG) floating terminal has been completed in the deep harbour area in Inkoo, Finland. The work began in August 2022 and the included the pier and mooring structures and systems needed by the floating storage and regasification unit (FSRU)…
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Electricity generator company, RWE, has entered into a development partnership with independent oil and gas producer, Harbour Energy. The partnership will enable RWE to investigate options to capture, transport and store CO2 from RWE’s gas fired power stations via Viking CCS, Harbour Energy’s CO2 transport and storage network. The partnership could lead to the transportation and storage of…
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Independent energy company, Horisont Energi and independent storage company, Koole Terminals have announced a collaboration agreement to develop a logistic value chain for clean ammonia. In 2021, the two companies signed a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam. The terminal will receive clean ammonia produced and…
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The December/January issue of Tank Storage Magazine is out now! As we come to the end of 2022, what better way to wind down for the festive period than to curl up with the latest edition of Tank Storage Magazine. Along with our usual insight into global storage trends and sneak previews of upcoming events, the December/January issue is packed with exciting, exclusive features. Subscribe to read…
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As 2022 comes to a close, the tank storage industry is reflecting on a year of uncertainty. But for us at Tank Storage Magazine, we're getting things back to normality. Your December/January issue is out now, with plenty of comment and analysis on the current situation. And while inflation is certain to have an impact, I’m confident that 2023 is going to be an exciting year for the tank storage…
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Clean energy company, Fulcrum BioEnergy, has announced that it has successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant in Nevada, US. This is the world’s first commercial-scale landfill waste-to-fuels plant. This achievement places Fulcrum as a renewable fuels leader, producing and selling net-zero carbon fuel. The synthetic…
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The Port of Sines, Portugal, and Port of Rotterdam, the Netherlands, have signed a memorandum of understanding (MoU) concerning the H2Sines.RDAM project that aims to develop a green hydrogen corridor between Portugal and the Netherlands. The project is to be developed by a consortium of companies, including ENGIE, Shell, Vopak and gas company, Antony Veder.  The aim is to produce green…
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Energy company, Uniper has announced that the first independent gas was fed into the German gas grid from the Höegh Esperanza vessel on the morning of December 21. This is ahead of the initial predicted schedule. This follows on from Uniper announcing the first floating storage and regasification unit (FSRU) vessel had arrived in Wilhelmshaven on December 15. The arrival of the FSRU marked an…
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The Global Tank Storage Awards has extended the deadline until this Friday 23rd December. It's your last chance to nominate yourself or your colleagues for an award - and what better Christmas present? Make sure you get your nominations in and get it ticked off your list before the end of 2022! Nominate yourself or your colleagues to celebrate excellence, innovation, and safety in the liquid…
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The UK’s leading liquefied petroleum gas (LPG) supplier Flogas, has completed a deal with North Sea Midstream Partners (NSMP) and Exolum, which will see up to 120,000 tonnes of LPG turned inland at Teesside, northeast England, UK, from October 2023. The deal is set to boost the resilience of off-grid energy across the North of England and Scotland, providing security of supply to homes and…
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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 2003, both in Germany and internationally. Martin Olszewski…
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Western Gas has joined with participants of the North West Shelf project and Woodside Energy’s WDS.AX Pluto LNG plant to annually process up to 3 million tonnes of low carbon dioxide gas from the Equus gas project, off western Australia for LNG export from 2027.  Under the agreement, Western Gas would also be able to backfill existing LNG plants in the region and strengthen Australia’s…
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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 high strength austenitic stainless steels which improve on the…
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Leipzig-based company Ontras Gastransport has been given the green light to start construction of the first German and European hydrogen pipeline network.   Germany’s Federal Ministry of Economic Affairs and Climate Protection (BMWK) has granted the necessary approvals for the early start of the projects ‘Doing Hydrogen’ and ‘Green Octopus Central Germany’ within the framework of the…
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Energy company Uniper has announced the first floating storage and regasification unit (FSRU), the Höegh Esperanza vessel, arrived in Wilhelmshaven on December 15 2022. The arrival of the FSRU marks an important milestone shortly before the opening of Germany's first liquified natural gas (LNG) terminal on 17 December 2022. The FSRU was loaded with around 165,000m³ of LNG in Spain. Höegh…
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Talon Energy has announced that its joint venture with Strike Energy, the Walyering gas field has entered into a long-term gas supply agreement with Santos-WA.  The agreement includes supplying a minimum of 36.5PJ of gas from the Walyering gas field (also known as EP447). The Walyering gas field is where Talon and Strike are constructing a low-cost gas processing facility and associated…
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Hydrocarbon exploration company, Denbury has announced an agreement with a large landowner in southwest Louisiana, US, for the future development and operation of a dedicated CO2 sequestration site. The strategic location of the site provides nearby storage potential for the heavy industrial areas of Beaumont and Port Arthur, Texas, and Lake Charles, Louisiana. Denbury estimates that there is…
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Malaysian oil and gas company, Petronas, global energy company, Eni and biotech company, Euglena have announced that they are jointly studying the possibility of developing and operating a biorefinery in the Pengerang Integrated Complex, Malaysia, one of the largest integrated refinery and petrochemical developments in southeast Asia. The three parties are currently carrying out technical and…
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Getech has announced the completion of its first step in developing the Inverness green hydrogen hub in Scotland, UK. Working with SGN Commercial Services, the deconstruction of Inverness’s former natural gas holder has been successfully completed, paving the way to convert the legacy facility into a future green hydrogen storage and distribution facility.  In revitalising the site, it…
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