Storage tanks

Provaris has established a robotics innovation centre in Norway to accelerate the development and testing of its hydrogen prototype tank.

ClassNK has issued an approval in principle (AiP) for a methanol fuel tank design concept developed by SRC Group, which demonstrates its feasibility from regulatory and safety perspectives.

FourPoint Resources has announced an agreement with Energy Transfer to expand the Price River Terminal in Wellington, Utah, US, doubling the terminal’s export capacity.

Snam has signed an agreement with Higas to initiate a period of exclusive assessment and negotiation regarding the potential acquisition of the company’s share capital, as well as the expansion and conversion of the current coastal storage facility into a FSRU.

The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.

Falcker, and Vopak have signed an agreement for worldwide deployment of Falcker's advanced tank inspection platform.

Advario has announced that the Keppel-led consortium have been appointed by the EMA and the MPA of Singapore to proceed to the next phase of Singapore’s ammonia power generation and bunkering project on Jurong Island.

Woodside has signed an LNG heads of agreement (HoA) to supply BOTAS with 5.8 billion m3 natural gas equivalent of LNG for up to nine years starting in 2030.

Quantem has officially opened its expanded Pelican Point Terminal in Adelaide, Australia, following a AUS$52 million project to add 90 000 m3 of new diesel storage capacity at the site.

NERSA has approved the application by Cape Ocean Terminals to construct a petroleum storage facility and a pipeline connecting it to Berth 104 at the Port of Saldanha, Western Cape, South Africa.

OMV Petrom is expanding its activity in the bitumen field, through two strategic partnerships with Romanian companies, aimed at expanding storage capacity for bitumen and to produce polymer modified bitumen.

Quantem has completed a significant project to add 90 000 m3 of new diesel storage capacity at its Pelican Point Terminal in Adelaide, Australia.

Wood has secured a three-year contract extension to provide operations, maintenance, modifications, and support services (OMMS) on Equinor’s assets at the Mariner field, located on the UK Continental Shelf (UKCS).

CTCI has announced that it was awarded an LNG terminal-related EPC contract to help CPC Corp. build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan.

Pengerang Terminals has signed a terminal usage agreement (TUA) with Pengerang Biorefinery to provide storage and handling facilities for its feedstocks and products.