Storage tanks

SBM Offshore will construct, install and operate ExxonMobil’s 2 million bbl crude oil storage capacity FPSO, Liza Unity.

Matrix Service has been awarded an EPC contract for Piedmont Natural Gas’ LNG peak shaving facility in North Carolina.

KBR will continue to provide General Maintenance Services at the SATORP refining and petrochemicals project in Saudi Arabia.

Adding a second refinery to its Gulf Coast downstream business, Chevron acquires Pasadena Refining System, Inc.

Oil Tank Supplies, a fuelling solutions company, will change its name to OTS Group Ltd.

The Pengerang LNG Regasification Terminal will feature PETRONAS gassing up and cooling down services for LNG vessels.

The International Energy Agency notes that the global oil market is now adequately supplied but high oil prices should be avoided.

The Industrial Division of Advanced Diamond Technologies has been acquired by John Crane, expanding its mechanical seal technology offering.

The proceeds of the divestment of these assets will be used to pay off debt and support the growth of Sempra Energy in North America.

The FERC permit is one of the last major regulatory approvals Sempra needs before the final investment decision is made for the Port Arthur LNG project.

GlobalData has reported that Asia and North America will lead global polyethylene capacity additions by 2023.

Adrian Jackson has been appointed as the new Vice President of the Tank Storage Association (TSA).

PEC has won three new contracts with existing clients, two of which are for storage facilities in Singapore and Malaysia.

A report from GlobalData suggests that Russia will contribute 91% of the FSU’s new-build underground gas storage capacity growth by 2023.

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.