News

AI and robotics unlock sustainable efficiency in the oil and gas sector, according to GlobalData Artificial intelligence (AI) and robotics are leading the transformative changes in the oil and gas sector, accelerating advancements in operational efficiency, safety, and environmental sustainability. These technologies are reshaping how the sector approaches exploration, production, refining, and…
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Two people have been killed and nine others injured after an explosion at an Eni oil storage facility near Florence, Italy. Local media reported that the loud explosion was heard from miles away, shortly after 10:00 local time. At least two people have been killed and a further nine injured in the explosion, with the Calenzano government confirming three people are still missing. According to…
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TotalEnergies has finalised the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream (SapuraOMV), an independent gas producer in Malaysia. SapuraOMV’s main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310, both located offshore Sarawak in Malaysia. In 2024, SapuraOMV’s operated production (100%),…
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Northern Endurance Partnership (NEP) has announced financial close, allowing to proceed with the execution of the first CCS project in the UK. NEP, in which TotalEnergies holds a 10% shareholding interest, will permanently store up to an initial 4 million tonnes of CO2 per year. The NEP infrastructure will initially serve three carbon capture projects in the Teesside region (NZT Power,…
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VTTI has announced an open season for Project Amplifhy, VTTI’s initiative to develop a European network of ammonia import terminals and ammonia crackers. The open season is to gauge interest and work towards capacity reservation and allocation for ammonia storage and ammonia cracking at VTTI’s terminals in Rotterdam and Antwerp. VTTI’s offering of ammonia import and cracking facilities…
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INEOS, Harbour Energy, and Nordsøfonden have announced the final investment decision (FID) to safely and permanently store carbon dioxide from Danish emitters in a depleted oil field in the Danish North Sea. With the aim of initiating storage operations into the INEOS-operated Nini field in the Danish North Sea at the end of 2025/early 2026, ‘Greensand Future’ will become the EU’s first…
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https://vimeo.com/1037838489/4b45e17baa?share=copyEditor of Tank Storage Magazine, Anamika Talwaria, chairs the Women in Tanks Panel Discussion at StocExpo 2024.  Share this article: Videos OnDemand
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https://vimeo.com/1037844969/abdaba3ac2?ts=0&share=copyJannes Elfgen, head of Port Energy Solutions at Hamburg Port Authority, shares plans for the sustainable energy hub.  Share this article: Videos OnDemand
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https://vimeo.com/1037868970/99d7841b95?ts=0&share=copyEytan Levy, from Leakwise, explains early leak detection for cost savings Share this article: Videos OnDemand
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The experts at Walter Tosto explain safety and design for high-pressure hydrogen storage tanks, and the importance of design by analysis Hydrogen Has emerged in recent years as a promising alternative energy vector because of its potential to address the challenges of climate change, pollution, and energy security. Although hydrogen is considered to be one of the key elements in the global…
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CEO of Square Robot, David Lamont, explains the unique nature of the company’s tank inspection robots [caption id="attachment_44233" align="alignleft" width="300"] Field supervisor Majid Calil (left) and field service manager Billy Yackel (right) overseeing the deployment of the SR-1 robot for inspection[/caption] One of the biggest challenges for a storage terminal is finding a way to inspect…
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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 (LNG) to the national gas grid. This is part of the Egyptian Natural Gas Holding Company’s (EGAS) strategy to secure natural gas supplies and support various economic sectors in Egypt while ensuring…
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https://vimeo.com/1037401009/6ddb525d0a?ts=0&share=copyDr Ion Agirre Arisketa, explains liquid organic hydrogen carriers (LOHC) technology, and the strengths and weaknesses to overcome Share this article: Videos OnDemand
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Hydrogen expert Charley Rattan takes a look at how the hydrogen market is progressing for storage operators and ports As the global hydrogen economy gathers momentum, certain elements are integral for the future of the sector. Recent announcements from Uniper regarding a Financial Investment Decision for the Underground Krummhoern project in Germany is evidence of this. Such schemes range from…
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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, b and c. Put simply, this camera was made to help Oil and Gas companies keep up with stringent regulatory requirements. 'The Detect LW marks a big step forward for OGI imaging,' says Dylan Duke, CEO of MFE Inspection…
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Tank Storage Association’s Peter Davidson explains the impacts of The Great British Energy Bill and The National Wealth Fund Bill on the UK energy industry The Labour Party has won a majority in Parliament following the UK General Election on 4 July 2024. The King’s Speech, opening the first session of the new parliament and setting out the government’s priorities and legislative agenda for…
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https://vimeo.com/1036046379/35b1c64fc9?ts=0&share=copyHans Bobeldijk, CEO at UAB-Online, explains terminal tactics in the pursuit of decarbonisation Share this article: Videos OnDemand
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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 joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK. On deal completion, the new independent producer will be jointly owned by Equinor (50%) and Shell (50%).…
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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 earlier part of November, much is still left to be seen when it comes to the future of the US and energy landscape. We know that many of our colleagues in the oil and gas sector will see a second Trump presidency as a fairly positive…
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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 globally accepted and leading guide to good practice for all aspects of alarm systems. The new edition has been comprehensively updated and restructured to improve ease of use. The terminology has been aligned to that used in…
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