Gas storage news

CB&I has received a contract award and full notice to proceed from Technip Energies on behalf of Caturus for five full containment concrete LNG storage tanks for the Commonwealth LNG project, Louisiana, US.

Exolum has signed an agreement with Severnside Carbon to advance the development of a carbon dioxide (CO2) storage terminal in Avonmouth, in the Port of Bristol, UK.

Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the US EIA has reported.

Following the latest auctions for the allocation of gas storage capacity for next winter, Snam announces that storage capacity allocated allowed to achieve the target of filling Italian gas storage facilities to at least 90%.

Spire Inc. and I Squared Capital have announced that they have entered into an agreement in which I Squared will acquire Spire's natural gas storage assets in Wyoming and Oklahoma (Spire Storage).

A new report from Black & Veatch and Takepoint Research finds OT cybersecurity is still introduced too late in most industrial capital projects, increasing long-term risk and cost.

A new report from Lloyd's Register suggests that LNG remains the most mature and immediately deployable alternative fuel available to the cruise sector as global and regional emissions rules tighten.

CoreMarine and Jumbo Offshore have been awarded a contract to perform the transport and installation of the soft-yoke mooring systems, and hook-up of both the Hilli Episeyo FLNG and MKII FLNG vessels, in Argentina’s Golfo San Matías.

The US Energy Information Administration published its April Short-Term Energy Outlook this week, examining the implications of the closure of the Strait of Hormuz.

OCI Global have announced the completion of the sale of 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT, a.s., a significant European nitrogen products manufacturer.