News

State-owned petroleum company, QatarEnergy has announced the signing of two long-term LNG sale and purchase agreements (SPAs) with hydrocarbon corporation, ConocoPhillips. This SPA regards the delivery of up to 2 million tons per annum (MTPA) (1.8 million tonnes) of LNG from Qatar to Germany. The LNG volumes will be sourced from the two joint ventures between QatarEnergy and ConocoPhillips that…
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As the official media partner of StocExpo 2023, Tank Storage Magazine brings you a sneak preview into the fantastic new features happening at this year's event: Terminal Tour For the first time at StocExpo, you have access to an exclusive Terminal Tour. On the morning of 14 March Koole Tankstorage Botlek (KTB) will be hosting a terminal tour at its current and future fuels terminal in the heart…
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Norway and Switzerland have signed a deal to further explore carbon capture and storage (CCUS) and carbon dioxide removal (CDR). The agreed cooperation follows a meeting between the Norwegian minister of petroleum and energy, Terje Aasland, and the Swiss minister of the environment, transport, energy and communications, Simonetta Sommaruga. Norway’s vast carbon capture potential will be…
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BP has been awarded two exploration blocks in the Mediterranean Sea. The operator holds 82.75% of the northwest Abu Qir Offshore Area, which is located to the west of the North King Mariout block (100% held by BP) and north of the Raven field.   It covers an area of approximately 1038 km² and has water depths ranging between 600m and 1,600m.  BP also holds a 50% share in the Bellatrix-Seti…
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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) range liquefied natural gas (LNG) modularised solution for the onshore…
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J. de Jonge TankX company will be opening a base in Houston, Texas USA, in line with its 2023 growth activities. As of December 1, 2022. The new company, TankX USA, will be managed by Carey Porsche and is due to open in December. TankX USA will be offering safe lifting for all types of tanks, in-house engineering, proven technology, and fit-for-purpose equipment. 
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ACWA Power, a leading Saudi developer, investor, and operator of power generation, water deamination, and green hydrogen plants worldwide, signed a memorandum of understanding with PT Perusahaan Listrik Negara (PLN), Indonesia's state-owned electricity provider. The agreement looks to develop battery storage from renewable energy facilities and green hydrogen development in the country.  The…
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During maintenance work on the Moerdijk industrial estate in Noord-Brabant, the Netherlands, eight people were hospitalised after contact with a poisonous chemical. One is reported to have serve injuries. The incident was first reported on Wednesday 23 November at 8.51am. Emergency services were called to the scene immediately. The safety board has said it has not yet established whether the…
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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, Geopura. The ammonia cracker system will provide the…
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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 offshore wind, oil and gas, and carbon capture storage and will transform…
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Wood has been given a five-year contract with Centrica Storage that includes the provision of engineering, procurement and construction solutions, operations and maintenance services, as well as project management for the Rough gas field and the Easington Gas Terminal in east Yorkshire, UK.   Rough, the UK's largest natural gas storage site, was recently reopened to help boost the UK's energy…
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Global energy company, QatarEnergy has entered into a 27-year sale and purchase agreement (SPA) with oil and gas enterprise, China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (3.6 million tonnes) of LNG to China. Under the terms of the SPA, the contracted LNG volumes will be supplied from QatarEnergy’s North Field East (NFE) LNG expansion project…
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Energy infrastructure company, Sempra has announced that its subsidiary, Sempra Infrastructure, and multinational hydrocarbon corporation, ConocoPhillips have implemented a 20-year sale and purchase agreement (SPA) for 5 million tonnes per annum (mtpa) of liquefied natural gas (LNG). This will be from Phase 1 of the proposed Port Arthur LNG project under current development in Jefferson County,…
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Daiva Angeldorff, CEO of Nordic Storage chats with our staff writer, Molly, about winning the silver Outstanding Achievement Award at the 2022 Tank Storage Awards  Molly: Why did you enter the awards? Daiva: I was kindly nominated by HG Storage International Limited (HGSI). Nordic Storage AB is part of HGSI, a group of high-calibre gas and liquid petroleum products storage and logistics…
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Avenir has completed its first LNG delivery into the newly commissioned Hamina LNG terminal in Finland. The LNG cargo was loaded by Avenir Supply & Trading on board the Avenir Aspiration vessel from the Murgardos terminal in Spain. Her sister ship, Avenir Ascension, is currently enroute towards Hamina for the second LNG unloading in a few days’ time. The delivery into Finland further…
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Neptune Energy has called on the UK government to support changes to the country’s gas entry specifications in order to deliver more domestic gas to households and businesses in 2023. Revising the specification could unlock enough gas to heat more than 12 million UK homes for a whole year.   A five-year industry-wide consultation is now ending. No safety issues were detected in the initial…
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Energy storage provider VTTI has announced the acquisition of the IPTF (IL&FS Prime Terminals FZC) energy storage terminal in Fujairah, UAE. The acquisition means that VTTI now owns 90% of the terminal, while the other 10% will remain with the Fujairah government. The 333,484 m3 terminal allows VTTI to expand its position in the Port of Fujairah.
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A drone-fired rocket hit Yemen’s al-Dhabba offshore oil terminal, in Hadhramaut province on November 21, according to the Yemeni government. The Houthis fired a projectile from a drone that landed at the entrance of the terminal. The vessel had originally entered the terminal to load a shipment of crude oil, but left after the attack. Part of the British Royal Navy, the Maritime Trade…
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Important message to all our newsletters readers: from January 2023, Tank Storage Magazine’s weekly newsletter will be sent from a new email address. We don’t want you to miss out so please add our staff writer, Molly, to your safe senders list: molly@tankstoragemag.com Molly has been creating and sending out our weekly newsletter to our Tank Storage subscribers since September on behalf of…
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Large-scale LNG project company, Inpex, has announced it has taken a final investment decision on drilling operations and the construction of facilities associated with a demonstration clean hydrogen-ammonia project in Kashiwazaki City, Japan. This will be implemented at the Inpex-owned Higashi-Kashiwazaki gas field in the Hirai area of Kashiwazaki City. The project is expected to involve the…
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