Storage tanks

Standic will build a new chemical storage terminal in Port of Antwerp, doubling its capacity.

Rystad Energy believes that OPEC+ countries will not be able to increase oil production levels in the second half of 2019 without having a detrimental effect on oil prices.

Aramco Trading’s new Fujairah office will handle all gasoline and fuel oil storage and blending activities, as part of a push into new markets.

Howard Energy Partners has announced the expansion of its Port Arthur and Corpus Christi bulk liquid terminals, raising terminal capacity to 2.6 million bbl.

Following a year of partnership, Sycamore have announced the appointment of Rolands Blezurs as the new representative for Gpi Tanks in the UK and Ireland.

Petrobras has signed a letter of intent with SBM Offshore for the lease and operation of the FPSO Mero 2 to be deployed in the Mero field offshore Brazil.

InfraStrata has signed a binding term sheet with Vitol to enter into a gas storage agreement for long-term capacity offtake at a proposed storage facility in Northern Ireland.

Martin Midstream Partners has agreed to sell its interests in a number of natural gas storage companies to Hartree Bulk Storage.

BP will store over 1 million bbl in IEnova receipt and storage terminals in Manzanillo and Guadalajara, Mexico.

Shell has increased storage capacity at its Bukom refinery in Singapore to nearly 1.3 million bbl by building two large crude oil tanks.

GlobalData has reported that Russia will contribute 32% of global new-build underground gas storage capacity growth by 2023.

The API has published a new guide for innovative drone use in the oil and natural gas industry.

Sentinel Midstream’s subsidiary, Texas GulfLink, has submitted a licence application to MARAD to construct a deepwater crude oil export facility.

Chart recently welcomed a group of senior officials from the Indian Space Research Organisation (ISRO) to its facility in Sri City, India.

Phillips 66, Square Robot and Veritank have successfully used a robot to carry out an in-service inspection of an aboveground diesel storage tank.