Terminal News
As part of its strategy to grow its liquefied natural gas (LNG) business, TotalEnergies has signed a sales agreement (HoA) with Sinopec for the delivery of 2 million tons (1.8 million tonnes) of LNG per year for 15 years, starting in 2028.
Thanks to this major agreement with one of the leading LNG players in the country, TotalEnergies strengthens its long-term position in the LNG market in…
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Centrica and European Energy have signed a balancing and optimisation agreement for the Måde green hydrogen facility located at Port Esbjerg, Denmark. Under the agreement, Centrica Energy will manage power production from co-located wind turbines, designating excess power production to green hydrogen production.
Powering the 12MW green hydrogen facility are two wind turbines, part of the Måde…
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BASF and AM Green have entered a memorandum of understanding (MoU) to evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India.
Under the MoU, BASF and AM Green intend to conduct studies on low-carbon chemical production in India, including an evaluation of potential technologies. The…
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Shell Brasil has announced the start of production of the floating production storage and offloading facility (FPSO) Marechal Duque de Caxias in the Mero field, in the pre-salt area of the Santos Basin, offshore Brazil. Also known as Mero-3, the FPSO has an operational capacity of 180,000 barrels of oil per day. (Shell share 19.3%).
'Mero-3 demonstrates our commitment to increasingly efficient…
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Wood has been awarded a front-end engineering design (FEED) contract for cleaner, increased fuel production at the Dung Quat Oil Refinery in Quang Ngai Province, Vietnam.
Under this contract, with Binh Son Refining and Petrochemical Joint Stock Company (BSR), Wood will upgrade and expand the state-owned refinery to increase throughout and ensure fuels comply with Euro V specifications.
Henry…
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Aramco and Riyadh Air have signed a memorandum of understanding (MoU) during the FII 8th Edition in Riyadh, Saudi Arabia. The MoU sets the stage for potential collaboration in areas such as low-carbon fuel supply and sustainability.
Yasser Mufti, Aramco’s executive vice president of products and customers, says: ‘Aramco’s work to develop lower-carbon fuels, its strong focus on…
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Vopak is to proceed with an initial public offering (IPO) for its Indian joint venture, Aegis Vopak Terminals Ltd (AVTL).
The company adds that AVTL has reached an agreement for a primary equity issue to investors for an amount of €88 million. The proceeds are proposed to be utilised for repayment of all, or a portion, of the outstanding unsecured borrowings of AVTL and for the purpose of…
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Adler & Allan has acquired pollution remediation specialist MEL Environmental Solutions, to enhance its contaminated land and groundwater remediation proposition.
MEL has been at the forefront of developing and implementing sustainable soil and groundwater remediation solutions in the insurance-led contaminated land market. They have a successful record in delivering market leading services…
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Linde has signed with Nextchem, to provide carbon capture technology to ADNOC’s Hail and Ghasha project in United Arab Emirates. The project is one of the world’s largest offshore sour gas developments, and aims to operate with net zero emissions.
Linde will provide its newest adsorption-based carbon capture solution, HISORP CC, to capture and purify carbon dioxide (CO2) for sequestration…
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Wärtsilä has signed a five-year lifecycle agreement covering seven 174 000 m3 LNG carrier vessels operated by Capital Gas Ship Management.
The agreement will deliver enhanced reliability, greater efficiency, minimised climate impact, and operational certainty for the vessels. The seven ships are powered by WinGD X-DF two-stroke, dual-fuel main engines.
Miltos Zissis, managing director of…
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QatarEnergy and TotalEnergies have partnered for a solar power project that is part of the Gas Growth Integrated Project (GGIP) in Iraq.
QatarEnergy will acquire a 50% interest in the solar photovoltaic (PV) project, while TotalEnergies will retain the remaining 50%.
This project will consist of 2 million high-efficiency bifacial solar panels, mounted on single-axis trackers. Upon its…
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Serica Energy has announced that the production of the Triton floating production storage and offloading (FPSO) in the North Sea, has been interrupted, due to a problem with the single gas compressor in operation.
A potential dry gas seal failure was identified in the ‘A’ gas compressor during operations on 26 October. This did not result in a leak of hydrocarbons. The FPSO operator, Dana…
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SEFE and ConocoPhillips have entered a long-term natural gas agreement, under which first gas deliveries have been completed. Over the next 10 years, ConocoPhillips will deliver up to 9 billion m3 of natural gas from their European portfolio, to SEFE at various trading hubs across Europe.
ConocoPhillips has a large European supply portfolio, including Norwegian natural gas production and LNG…
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Cemex and Linde are to receive €157 million in funding from the EU Innovation Fund for a CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany.
The project aims to capture 1.3 million tonnes of CO2 per year from Rüdersdorf’s cement production, decarbonising the site by 2030.
Sergio Menéndez, president of Cemex Europe, Middle East, Africa & Asia says: ‘While we are…
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Alfa Laval has signed a memorandum of understanding (MoU) with Topsoe, the company announced on LinkedIn. The companies will enter a long-term partnership to develop cost-competitive and energy-efficient components and solutions to speed up the commercialisation of hydrogen and Power-to-X processes.
As a global leader in carbon emission reduction technologies for producing clean fuels and…
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Neste has withdrawn investment in a 120 MW electrolyser project, to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase, which commenced in May 2023.
The reasons behind the withdrawal are the company’s challenging market conditions and financial performance, requiring critical assessment of any new…
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Trafigura has acquired of 50% of the shares in Meroil Tank SL from the oil operator Meroil SA for an undisclosed sum.
Meroil Tank will now operate as a 50/50 joint venture company with assets that include 356,000 m³ of refined oil products storage infrastructure within the port of Barcelona, Spain. The company will continue to serve its current as well as future customers to store refined oil…
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Port of Amsterdam and Port of den Helder have signed a letter of intent to further investigate the value of cooperation between the two ports. The energy transition and offshore wind activities in both ports can benefit from this, contributing to the Netherlands’ national climate targets.
The two ports in North Holland have a good starting position for offshore wind and the generation of…
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To gauge market interest and understand customer demand, Vopak is launching a Market Consultation for Interest (MCI) for ammonia storage at Vopak Energy Park Antwerp. The initiative will begin on 24 October, and will run for one month, concluding on 29 November, 2024 at 16:00 (CET).
The objective of this MCI is to understand interest in the project through gaining insights into the ambitions and…
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I Squared is to acquire Philippines Coastal Storage & Pipeline, and its affiliate entities.
Based in the Subic Bay Freeport Zone, Philippines, and serving the Luzon Economic Corridor, Philippines Coastal is the largest independent import terminal in the Philippines. With a capacity of 6.3 million barrels (42,770 m3) Philippines Coastal houses over 20% of the country’s import storage…
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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/