Terminal News
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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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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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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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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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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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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A US court has ordered federal regulators to reassess the impact of greenhouse gas emissions from Commonwealth LNG's Louisiana liquefied natural gas project, potentially slowing full approvals for the venture.
The court says in its decision that: 'We think it 'reasonably likely' that on remand, the Commission can redress the defects in its (greenhouse gas) emissions and cumulative-effects…
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Freeport LNG plans to restart one of its three liquefied natural gas trains this week at its Texas, USA, facility. This comes after the company had to make damage repairs after Hurricane Beryl.
The plant halted operations on July 7 before Hurricane Beryl hit the coast, causing widespread power outages and wind damage.
The LNG exporter plans to restart the remaining two trains shortly after the…
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Mabanaft has submitted approval documents for the planned construction of an ammonia import terminal in Hamburg, Germany, to the Hamburg Authority of Environment, Climate, Energy and Agriculture (BUKEA). The ammonia import terminal will be built on Mabanaft's existing tank terminal Blumensand in the Port of Hamburg and will be used in particular to expand the hydrogen supply.
Subject to approval…
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Works are on time for Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina, Italy, at the end of the year, and become operational in the first quarter of 2025. Progress is approximately at 90% for land works, and more than 50% for sea works. The FLNG terminal is currently at the construction site in Dubai for the necessary adjustments to its location on the coast in front of…
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The operator of the Jerun field in Malaysia, SapuraOMV Upstream, has announced that first gas has been achieved. Jerun is operated by SapuraOMV Upstream (40%) in partnership with Sarawak Shell Berhad (30%) and PETRONAS Carigali (30%).
The field is located around 160 km northwest of Bintulu in Sarawak, and 190 km northwest of Miri, Sarawak, Malaysia. Comprising an integrated central processing…
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Stolthaven Terminals, in co-operation with Global Energy Storage (GES), has been selected as the only ‘potential operator’ to plan, design, build and operate a green ammonia terminal in Pecém, in the State of Ceará, Brazil.
The Port of Pecém Authority (known as CIPP) awarded the rights to the partnership between Stolthaven Terminals and GES after a 15-month tender process involving…
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Global leader of LNG terminals, AG&P LNG, has completed an agreement with BK LNG Solution (BKLS), to introduce the first spot cargo into China.
This partnership shows a key moment for both companies, showing an alignment in their strategies and supporting the supply to China.
Henry Kim, president of BK LNG Solution says: ‘We are pleased to announce the signing ceremony where we formalized…
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Shell Overseas Holdings, a subsidiary of Shell, has signed an agreement to invest in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas (LNG) project in Abu Dhabi, through a 10% participating interest.
ADNOC has awarded an engineering, procurement and construction (EPC) contract to a Technip-led joint venture and will soon start construction in Al Ruwais Industrial City,…
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Rubis Terminal will now operate under the name Tepsa. This strategic rebranding initiative demonstrates the company's evolution and commitment to leading sustainable storage solutions in Europe. With a strengthened focus on the energy transition and innovation, Tepsa reaffirms its dedication to supporting critical infrastructure needs while driving environmental responsibility and operational…
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An overnight Ukrainian drone strike has caused a major fire on a Russian oil storage site, reports Upstream Online. The site, located in Kalach-on-the-Don is a fuel supplier to Russian military forces in Ukraine.
The Privolzhsky department of state-owned Russian Railroads says that it had dispatched firefighting trains from two stations in the Volgograd region to carry water for fighting the…
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Shell Trinidad and Tobago, a subsidiary of Shell, has taken its Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area in Trinidad and Tobago, a prolific gas producing area.
The Manatee gas field will provide backfill for the country’s Atlantic LNG facility. Increasing usage at existing LNG plants is an important lever to maximise…
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Golar LNG has entered into final agreements with PAE for a 20 year deployment of a floating LNG (FLNG) vessel in Argentina.
This strategic venture is built on a robust commercial foundation, featuring an agreement from PAE for the supply of gas and a FLNG charter agreement with Golar.
As part of the agreements, Golar will hold a 10% stake in Southern Energy S.A., a dedicated joint venture with…
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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/