Terminal News
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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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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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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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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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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VTTI and Snam have completed the acquisition of shares in Terminale GNL Adriatico (Adriatic LNG), the company that owns the liquefied natural gas (LNG) regasification terminal operating in the waters off Porto Tolle, Italy.
The transaction follows Snam and VTTI’s announcements earlier this year, where VTTI signed an agreement to acquire a majority stake in the company. In this context, Snam…
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TotalEnergies is celebrating 50 years of operations in Saudi Arabia.
The company has had success with its multi energy strategy in the Kingdom with its flagships projects in the downstream oil sector thanks to its partnership with Aramco, and the development of renewables with various local partners.
Patrick Pouyanné, chairman and CEO of TotalEnergies says: ‘Saudi Arabia is emblematic of our…
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Kent has been awarded a three-year global engineering, procurement, and construction management (EPCm) framework contract by BP.
The framework covers the full scope of EPCm services, supporting BP’s asset lifecycle, from small and large projects to minor modifications.
This award was negotiated as a result of Kent’s long-standing relationship with BP and builds upon their association. The…
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ExxonMobil has announced some leadership changes. Effective February 1, 2025, Dan Ammann, will step into a new role as upstream president, while Barry Engle, currently senior executive advisor to ExxonMobil’s chairman, will take over Amman's current position as ExxonMobil Low Carbon Solutions president.
In a post on LinkedIn, Ammann said: 'I’m excited to take on this new challenge. Some…
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Savannah-based Colonial Terminals (CTI), an industry leader in the handling and storage of liquid and dry bulk products, has announced that Robert Neumann has been named vice president of sales and marketing. Colonial Terminals owns and operates the largest independent liquid and dry bulk storage facilities with breakbulk capability in the Southeastern United States.
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Fuel terminal operator Buckeye Partners recently held a large- scale safety exercise at Port Tampa Bay, Florida, USA, to test its action plan.
The drill simulated a large oil and fuel spill that impacted channels near the Port Tampa Bay Buckeye facilities. The drill included national members of Buckeye’s safety, operations, environmental, finance, public information and other key departments.…
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Petrofac’s consulting team, based in Woking, UK, is providing engineering support to Vantaa Energy, a Finnish urban energy company, on a project that seeks to capture and store carbon dioxide (CO2) from its waste-to-energy plants.
Vantaa Energy announced that its plans for the project have taken a step forward, with the commencement of environmental impact assessment, zoning, permitting,…
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Burckhardt Compression has been selected to supply critical boil-off gas (BOG) and pipeline injection compressors (MSO) for a new LNG regasification terminal in Brunsbüttel, Germany. This terminal will play a vital role in securing a stable supply of liquefied natural gas (LNG) for Germany, with regular operations expected to start in 2027. Burckhardt Compression’s BOG and pipeline injection…
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Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), aims to provide end-to-end solutions for the safe delivery of clean ammonia to shipping companies. The Energy Transition Fund has signed multiple memorandums of understanding (MOUs) with key shipping companies, to advance the development of ammonia-fuelled carriers.
The first MOU is with Færder Tankers, to…
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Exolum has launched a line of business called H2ROAD with the aim of leading the energy transition by providing efficient, optimised integrated logistics solutions across the entire hydrogen value chain, thus helping achieve global decarbonisation goals.
H2ROAD focuses on the development of hydrogen logistics infrastructures, including design, investment, installation, operation and maintenance,…
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Eni has launched of the hull of the Nguya floating liquefied natural gas (FLNG) facility in Wison shipyard in Nantong, China. The state-of-the-art FLNG will have a liquefaction capacity of 2.4 million tonnes per annum (mtpa), and will complement the existing Tango FLNG, which is operational since December 2023 with a capacity of 0.6 mtpa, bringing the total liquefaction capacity of Congo LNG…
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LBC Tank Terminals has acquired 100% of the shares of Evolution Terminals, from Vision Energy Holdings AG.
The project will be developed on prime land at the entrance of the port with access to deep water capable of handling the new generation of very large ammonia carriers. Vlissingen, located at the entrance of the Westerschelde waterway towards Antwerp, Belgium, is well positioned to serve…
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ConocoPhillips has completed its acquisition of Marathon Oil.
In accordance with the terms of the merger agreement, each share of Marathon Oil common stock was converted into the right to receive 0.255 shares of ConocoPhillips common stock at the effective time of the merger, with cash in lieu of fractional shares.
Ryan Lance, chairman and CEO of Conoco Phillips says: ‘This acquisition of…
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Air Liquide has announced a renewable hydrogen production project at La Mède, France, to cover the hydrogen needs of TotalEnergies’s biorefinery.
Air Liquide will build, own and operate a new hydrogen production unit at TotalEnergies' La Mède site, with a capacity of 25,000 tonnes per year. It will enable the production of renewable hydrogen from recycled biogenic by-products from the…
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Clean Hydrogen Works has awarded McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE) Project, in Louisiana, USA.
The ACE project will initially produce 2.4 million tonnes per annum (mtpa) of clean ammonia, with expansion in subsequent phases to 7.2 mtpa. With carbon capture and sequestration (CCS) contracts with ExxonMobil, regulatory approvals…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/