PEC wins new contracts
PEC has won three new contracts with existing clients, two of which are for storage facilities in Singapore and Malaysia.
The latest oil, gas and petrochemicals storage news
Russia leads FSU underground gas storage
A report from GlobalData suggests that Russia will contribute 91% of the FSU’s new-build underground gas storage capacity growth by 2023.
SES acquires Cushing crude oil storage infrastructure
For US$10.4 million, SES has purchased a 27% interest in a crude oil storage facility in Oklahoma, and a 51% interest in an 80 acre parcel of adjacent undeveloped land.
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Tank seal contract awarded to TECS
TECS to install new seals on tanks at the huge Maasvlakte Olie Terminal, Rotterdam.
Petrobras to lead global deployment of planned and announced FPSOs
GlobalData reports that Petrobras is expected to deploy the highest proportion of FPSOs amongst all global operators between 2019 and 2025.
Mozambique expected to become a top 10 global LNG supplier
GlobalData reports that the advancement of LNG business will transform Mozambique into a top 10 global LNG supplier.
Qatargas and BASF sign LNG agreement
Qatargas and BASF sign gas treating technology license agreement for LNG trains.
Cameron LNG reaches final commissioning stage
Cameron LNG has begun pipeline feed gas flow to the first liquefaction train of its liquefaction-export project.
Rotork wins UK crude oil storage contract
Rotork actuators have been chosen to increase the number of wirelessly controlled actuators at a liquid storage provider in the UK.
Marathon Petroleum Corp. expands in Buffalo, New York
Marathon Petroleum Corp. to acquire a terminal and retail locations in Buffalo, New York.
SJR Tank Construction to build biofuel tanks for HES Botlek Tank Terminal
SJR Tank Construction will build six biofuel tanks for HES Botlek Tank Terminal, raising their total storage capacity to over half a million cubic m.
StocExpo celebrates 15 year anniversary
With a 10% rise in visitors, StocExpo celebrates another successful year.
Biofuel tank storage partnership signed
HES Botlek Tank Terminal and SJR Group have entered a partnership for the construction of six biofuel storage tanks.
Houston Deer Park Rail Terminal to be retrofitted and refurbished
Texas Deepwater Partners and Shell will refurbish the Deer Park Rail Terminal for the loading of refined products on the Houston Ship Channel.
Puerto Rico’s LNG imports returned to pre-Hurricane Maria levels in late 2018
The US Office of Fossil Energy recently released its LNG Annual Report which found that Puerto Rico’s LNG imports returned to pre-Hurricane levels towards the end of 2018.
NES Global Talent expands to Port Arthur
NES is expanding its specialist oil and gas staffing business to Port Arthur, Texas.
Intelligent actuators improve wireless functionality at UK crude storage hub
Rotork have been selected to install wirelessly controlled actuators at Navigator Terminals’ North Tees hub in Middlesbrough.
LNG storage at the forefront of ENN’s LNG2019 keynote speech
Zhoushan LNG receiving terminal is a crucial link in satisfying increasing Chinese demand for imported LNG, states ENN CEO, Zhang Yesheng.
Indian LNG import terminal capacity to double by 2022 according to Research and Markets
Research and Markets has released its ‘LNG Business and Market Outlook in India – 2019’ report examining the Indian LNG forecast up to 2030.
Vopak reaches agreement with First State Investments on sale of terminals
Terminals in Algeciras, Amsterdam and Hamburg of a total agreed transaction value of €723 million will be divested.
IGU releases World LNG Report
The IGU’s 2019 World LNG LNG Report suggests that LNG trade set a record for the fifth consecutive year in 2018.
Vopak divests its ownership in Vopak E.O.S.
Vopak and Global Ports Investments plc have divested their 100% effective share ownership in Vopak E.O.S. to Liwathon.