Storage tanks

Wood Mackenzie reports on how the coronavirus pandemic has pushed the UK’s gas market to deadlock.

With oil storage in high demand, oil company owners and tank inspectors are rapidly maximising tank assets, increasing the need for tank measurement and inspection using the most advanced technologies.

PitPoint.LNG’s renovated LNG station now has four times more LNG storage capacity in order to meet the increasing demand for LNG.

Wärtsilä has announced that it has completed delivery of three regasification modules for China’s first new built LNG FSRU.

PGNiG has started work on projects looking to use hydrogen for power generation and automotive applications.

The EIA has reported that US crude oil inventories are approaching record-high levels.

A new report from the IEA provides almost real-time picture of impact of COVID-19 crisis in 2020 across all major fuels.

McDermott has announced that it has been awarded EPFC contracts for storage tanks in Saudi Arabia.

Venture Global has announced the successful roof raising for the first LNG storage tank of its Calcasieu Pass project.

The US EIA has reported that withdrawals from natural gas storage this winter were at their lowest levels since 2015 – 2016.

Honeywell has announced new features and capabilities of its tank inventory management system.

According to GlobalData, the WTI May futures and oil storage issues with have a rippling effect on global markets.

On Monday 20 April, US oil prices turned negative for the first time in history as crude storage space filled up.

Subsea pipelines for the new HES Hartel Tank Terminal have been handed over by Visser & Smit Hanab.

Reynolds Contamination Control has signed a five-year distribution agreement with Petro Industrial Pty Ltd.