News

Oct 16, 2024
Bilfinger has been awarded a three-year extension to its maintenance term contract with global specialty chemicals company Innospec. This is a continuation of the industrial services provider’s 23-year relationship with the customer at its Ellesmere Port site, UK, a hub for Innospec’s specialty chemicals manufacturing and R&D activities. With a dedicated workforce of around 80 skilled…
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Oct 16, 2024
Power2X and Advario have announced a new partnership, to develop a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam, Netherlands. The Power2X production facility will have the capacity to produce over 250,000 tonnes per year of e-SAF, a non-fossil, synthetic fuel made from green hydrogen. It will be the…
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Oct 16, 2024
Earl Crochet, owner of Crochet Midstream Consulting, explores the fast pace of regulatory changes in the aboveground storage tank industry [caption id="attachment_43163" align="alignright" width="230"] Earl Crochet, Tank Whisperer[/caption] As someone who has been dealing with aboveground storage tanks (ASTs) for more than 36 years, I have seen drastic regulatory changes over that time. And the…
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Oct 16, 2024
Discover the RuptureSeal’s quick and effective rupture break solution Rapid Sealing of leaks at a storage terminal facility can be the difference between a major incident costing millions, and a minor bump in the road. A fast response is crucial to reduce environmental impact, cost of cleanup and reputational damage. The RuptureSeal is an advanced solution to seal ruptures, leaks, and…
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Oct 16, 2024
TGE Gas Engineering has announced on LinkedIn that it has completed the first phase of commissioning activities for its ammonia project in Turkey. The BOG package commissioning, tank cool down and liquid build up in the tank, have been successfully performed. The project consisted of the engineering, procurement and construction of an ammonia terminal, including a 15,000 tonne cryogenic storage…
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Oct 15, 2024
KBR has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project, located off the east coast of Trinidad and Tobago. The gas field supports global energy security and natural gas production, providing gas for the country’s Atlantic LNG facility. The award follows recently completed contracts…
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Oct 14, 2024
Strong oil and gas demand are set to support production growth in the Permian Basin, says GlobalData Global oil demand has been on the rise since the Covid-19 pandemic. Moreover, the Russia-Ukraine conflict caused major alterations in energy supply routes, which went in favour of the US shale drillers, including those in the Permian Basin. Spanning Texas and New Mexico, Permian Basin remains the…
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Oct 14, 2024
AEKS is a Croatian service company active throughout Europe with extensive experience in cleaning storage tanks used for storing crude oil, oil derivatives, process water and similar substances. Over the years, it has developed expertise and chosen technologies that have enabled it to remove, in total, more than 80,000 m3 of material. Always attentive to the most advanced technologies, AEKS has…
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Oct 14, 2024
APM Terminals Maasvlakte II (APMT MVII) will equip its Netherlands terminal with shore power from 2028. This is a significant step in making the port of Rotterdam more sustainable. For this purpose, the company has signed an agreement with Rotterdam Shore Power comprising a partnership between the Port of Rotterdam Authority and Eneco. This means that from 2028, sea-going vessels will be supplied…
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Oct 11, 2024
Exxon Mobil has secured the largest offshore carbon dioxide (CO2) storage lease in the US, with the Texas General Land Office. The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the US Gulf Coast as a carbon capture and storage (CCS) leader. Dan Ammann, president of ExxonMobil low carbon solutions, says: ‘This is a sign of…
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Oct 11, 2024
Woodside has completed the acquisition of Tellurian and its US Gulf Coast driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900 million (€823 million) cash, or US$1.00 per share (€0.92). Woodside has also renamed the Driftwood LNG development opportunity Woodside Louisiana LNG. Woodside Louisiana LNG is an…
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Oct 11, 2024
TotalEnergies has signed a charter contract with Spanish shipowner Ibaizabal for a new liquefied natural gas (LNG) bunker vessel of 18,600m3 capacity. The vessel, owned by Ibaizabal, will supply LNG to a wide range of vessels (containerships, tankers, large cruise ships, ferries) at TotalEnergies’ LNG bunkering hubs and meet the highest technical and environmental standards. This new vessel,…
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Oct 10, 2024
Aramco has announced the completion of a $3 billion (€2.7 billion) international sukuk issuance, comprised of two US dollar-denominated tranches. The tranches are split in two ways. $1.5 billion (€1.3 billion) maturing in 2029, carrying a profit rate of 4.25% per annum, and $1.5 billion maturing in 2034, carrying a profit rate of 4.75% per annum. The issuance was priced on 25 September,…
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Oct 10, 2024
PT Oiltanking Karimun Terminal in Indonesia, which is a Platts-approved terminal in the Singapore Market On Close assessment process, has changed its name to PT Oil Terminal Karimun. The name change came into effect after a change in equity shareholding. Oiltanking sold its entire stake in the terminal to Novus Middle East DMCC. Only the equity shareholding and the terminal's name have changed,…
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Oct 10, 2024
Colonial Pipeline’s safety specialist, Tammara Young, explains how her passion for safety and drive for learning empowered her journey into tank storage [caption id="attachment_43141" align="alignleft" width="199"] Tammara Young, safety specialist, Colonial Pipeline[/caption] Tammara Young is a prime example of women in this industry elevating each other to new heights. Recommended by another…
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Oct 9, 2024
ExxonMobil, on behalf of Mozambique Rovuma Venture, operator of the Area 4 concession in northern Mozambique’s Rovuma Basin, has announced it has selected Chart Industries' IPSMR liquefaction technology and proprietary equipment for the Rovuma LNG project at the Afungi peninsula, in Mozambique. The Rovuma LNG Project will produce, liquefy and market natural gas from reservoirs of the Area 4…
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Oct 9, 2024
VTTI and Connex have announced a new partnership to develop a state-of-the-art renewable feedstock pretreatment facility at VTTI’s terminal in Amsterdam. Once completed, the facility will process over 400,000 tonnes of renewable feedstock annually, supporting the production of sustainable fuels such as renewable diesel and sustainable aviation fuel (SAF). The facility is expected to be…
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Oct 8, 2024
Worley and Liquid Wind have entered into an agreement to provide design and engineering services for the development of the NorthStarH2 e-methanol facility in Östersund, Sweden. The facility, which is being developed on behalf of Uniper, aims to produce over 100,000 tonnes of e-methanol annually. The feedstock will help decarbonise shipping and chemical industries. The focus during pre-FEED…
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Oct 8, 2024
Neste and Tepsa have collaborated to enhance chemical recycling capabilities on the storage and handling of liquefied waste plastics in Rotterdam, the Netherlands. Following successful industrial-scale processing runs, Neste is moving towards using larger quantities of liquefied waste plastic as a raw material at its Porvoo refinery in Finland, turning it into Neste RE, a high-quality recycled…
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Oct 8, 2024
Avenir LNG has announced it has signed a time charter party with LNG Shipping, a 100% subsidiary of Eni, for one of the company’s 7,500m³ LNG bunker vessels, the Avenir Aspiration. The multi-year time charter to Eni will commence from delivery in Europe in 2025. This charter increases the Avenir LNG’s third-party charter revenue backlog, including options, to over $285 million (€259…
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