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Contract news

HES Botlek Tank Terminal expands biofuels capacity

HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.

 
 
 

JOGMEC and Aramco renew contract

Japan Organization for Metals and Energy Security (JOGMEC) has announced that their crude oil storage, throughput, and tank lease agreement with Aramco has been renewed in Okinawa, Japan.

 

Ottco and Royal Vopak sign agreement for SEZAD

Oman Tank Terminal Co. (OTTCO), a subsidiary of OQ Group, and Royal Vopak have signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm, Oman (SEZAD).

 
 

ClassNK isues AIP for methanol fuel tank design

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.

 

Snam signs agreement to acquire Higas and convert Oristano LNG to FSRU

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.