News

Wison New Energies (WNE) and Zhoushan CIMC Changhong Shipyard Co (CIMC Changhong) signed a three-year strategic cooperation agreement in Shanghai. According to the agreement, WNE shall provide full EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) services, pertaining to floating natural gas facilities and clean energy solutions. CIMC Changhong, leveraging its…
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VARO Energy has announced that Kier Ashton will be joining them as General Counsel. Keir will be based in their head office in Zug, Switzerland. The company announced the news on LinkedIn , and adds: ‘As we accelerate ONE VARO Transformation strategy, building major partnerships and joint ventures, will be key to our future, and in an evolving context, ensuring compliance, advising on…
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Chart Industries, a leading global solutions provider to clean energy and industrial gas markets, announces that its Integrated Pre-Cooled Single Mixed Refrigerant process technology delivered First LNG at New Fortress Energy initial Fast LNG (FLNG) asset located offshore Altamira, Mexico. NFE’s proprietary Fast LNG design is the first of its kind, pairing the latest advancements in Chart’s…
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Dover has announced that it has acquired Marshall Excelsior Company (MEC) for $395 million (€364 million) in cash. MEC will become part of the OPW Global operating unit within Dover's Clean Energy & Fuelling segment (DCEF). Headquartered in Marshall, Michigan, MEC supplies highly-engineered flow control components for transportation, storage, and use of liquified petroleum gas and other…
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Crystal Clean, Inc. a leading provider of specialised environmental and waste management solutions to commercial and industrial end-markets, today announced it completed its largest PFAS remediation project to date. The project, utilising Crystal Clean’s 4never solution, successfully treated 1.46 million gallons (6636 m3) of PFAS impacted waters over the course of three weeks. The 4never…
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On a trip to Asia, Stolthaven Terminals' President Guy Bessant, the Stolthaven team and representatives from its Taiwan joint-venture partner, Revivegen met with Lee Men-Yen, Taiwan's new Minister of Transport, along with Lee Hsien-Yi from Kaohsiung Port, where Stolthaven's new terminal, Stolthaven Revivegen Kaohsiung Terminal (SHRVK), is being constructed. The new facility is perfectly…
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Exolum has started operating a new photovoltaic plant for self-consumption of energy at its Misterton terminal in the UK. With an installed capacity of 386 kWp through 840 solar panels, the new plant aims to generate sustainable energy and reduce Exolum’s operations-related carbon emissions, as well as prevent volatility in the electricity market. Electricity consumption is the main source of…
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VTTI Malaysia (ATB) has been honoured with the prestigious ESG Leadership Award as Company of The Year in the Oil & Gas category at the recent Sustainability & CSR Malaysia Awards 2024, the company announced on LinkedIn. 'This award is a powerful acknowledgment of our ongoing commitment to sustainability. It reflects the hard work and dedication of our entire team, and I am deeply…
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Tankopslag Verbeke has acquired Prax terminal in Zeebrugge, Belgium, CEO Ryan Verbeke announced on LinkedIn. The terminal will operate under the new name North Sea Tank Storage BV (NSTS). Ryan and Andy Verbeke will be at the helm, shaping the future of this terminal with the same dedication and passion you have come to expect from us. 'With this acquisition, we are not only expanding our…
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Argent LNG has selected GTT onshore tank technology to develop its state-of-the-art liquefaction facility at Port Fourchon, Louisiana, USA. Argent LNG’s phased development at the Greenfield site in Port Fourchon will include advanced liquefaction trains designed to meet global energy demands with high efficiency and low carbon intensity. GTT, a technology and engineering group with expertise…
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Assentech Sales’ founder Ewart Cox reflects on the company’s gold win at the Global Tank Storage Awards for reducing emissions across facilities Operating out of Cornwall, UK, Assentech Sales specialises in valve equipment to reduce emissions on tank terminals. But it was the company’s patented Vent-Less breather valve test bench that took home the gold award for environmental performance…
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Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US Gulf Coast Driftwood LNG development opportunity. The consideration for the transaction is an all-cash payment of approximately $900 million (€827 million), or $1 per share of outstanding Tellurian common stock. The implied enterprise value is…
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QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname. Pursuant to the signed agreement, Chevron will retain a 40% interest, while Paradise Oil Company, an affiliate of Suriname’s national oil company Staatsolie, will own the remaining 40%. In remarks on this occasion, Saad Sherida Al-Kaabi, the…
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Chinese-led construction firm CPP-Metron Consortium (CMC) has announced that the Vasiliko liquified natural gas (LNG) project in the island of Lefkada, Greece, has been terminated. Cyprus's Energy Minister George Papanastasiou told the Cyprus Mail that: ‘the one-sided termination of the agreement from the Chinese consortium will be studied.’ In 2019, the contract awarded had a 24 month…
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CTS has been awarded a major contract for CTS1W-20IT innovative tank seal combinations and Drainmaster equipped drain lines for six new 92 meter diameter external floating roof tanks to be built at a new Nigerian Crude oil export terminal, contracted for a subsidiary of state-owned NNPC and to Nigerian upstream operator Belemaoil Producing, with the terminal due to be operational in 18 to 24…
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Rosen, a pioneer in pipeline integrity solutions, is thrilled to announce its accreditation by the ANSI National Accreditation Board (ANAB) as the world’s first globally recognised entity in Pipeline Integrity Certification that offers specialised certifications which pave the way to achieving the prestigious Pipeline Integrity Engineer (PIE) status. The pursuit of this certification reflects a…
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Sempra Infrastructure, a subsidiary of Sempra, has announced that Port Arthur LNG Phase 2 and Bechtel Energy (Bechtel) have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas. 'We are thrilled to achieve this milestone with Bechtel for the Port Arthur LNG Phase 2 development project and are…
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Vopak has opened a new office in Japan. The company has announced on LinkedIn that the new Tokyo office is part of Vopak's strategy to provide terminal infrastructure solutions for Japanese organisations undergoing the energy transition. Chris Robblee, president of Asia & Middle East at Vopak says: ‘For over four centuries, Vopak has been creating connections with businesses and…
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Energy Transfer LP and Sunoco LP have announced the formation of a joint venture combining their respective assets in the Permian Basin, Texas, US. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all of its Permian crude oil gathering assets and operations to the joint…
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In response to the King’s Speech delivered today by HM King Charles III, the Tank Storage Association welcomes the focus on economic growth, investment and skills. Peter Davidson, chief executive of the Tank Storage Association, comments: 'Our bulk storage and energy infrastructure sector has a key role to play in driving economic growth, boosting investment and supporting the transition to…
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