Colonial Pipeline Terminals recognised for its safety culture
Colonial Pipeline Terminals has been recognised by ILTA with the Safety Excellence Award for its dedication to promoting a well-rounded safety culture.
Tanks & terminals
See below for the latest news covering the oil, gas and petrochemical storage sector.
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Russia supply reduction via Nord Stream poses risks to gas storage refill in Europe
Analysts at Wood Mackenzie believe that storage refill is at risk unless additional demand and supply measures are taken.
Fire causes shutdown of Freeport LNG export terminal
A fire at Freeport LNG‘s natural gas liquefaction plant in South Texas, US, has led to the full shutdown of the facility. The shutdown will reduce total US LNG export capacity by approximately 2 billion ft3/d.
Alfa Laval to acquire Scanjet
The deal adds Scanjet’s intelligent tank management solutions to Alfa Laval’s tanker offering.
Braskem Idesa and Advario to construct ethane import terminal in Mexico
Braskem Idesa has signed an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico – the Puerto Mexico Chemical Terminal.
Freeport LNG provides update on incident at its liquefaction site
On 8 June 2022, an incident occurred at the Freeport LNG liquefaction plant on Quintana Island, Texas, US, that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud, and subsequent fire.
CB&I recognised with multiple safety awards
The Steel Tank Institute/Steel Plate Fabricators Association presented McDermott's storage business, CB&I, with safety awards in three categories during its annual meeting in New Orleans, US.
More Tanks & terminals news
Re-Gen Robotics receives Outstanding Achievement Award
Fintan Duffy, Managing Director of Re-Gen Robotics, was presented with the Outstanding Achievement Award at the 5th Global Tank Storage Awards 2022 in Rotterdam, the Netherlands.
PIS and PT Badak NGL sign MoU to support the development of the LNG sector
PIS has signed an MoU with PT Badak NGL for the development of the LNG sector in Indonesia, which is a growing area of business.
Aegis Vopak Terminals partnership successfully completed
The earlier announced partnership, Aegis Vopak Terminals Ltd, has been successfully completed.
GlobalData: India to lead Asia’s liquid storage projects count
India is expected to drive the liquids storage projects count in Asia, contributing approximately 40% of the region’s total liquids storage projects count from 2022 to 2026.
CB&I signs MoU with Korea Gas Corp.
CB&I and Korea Gas Corp. have signed an MoU to explore the development of large-scale liquid hydrogen storage to support Korea's Hydrogen Economy Roadmap.
CB&I presented with two Field-Erected Tank of the Year awards
McDermott's storage business, CB&I, was presented with two Field-Erected Tank of the Year awards by the Steel Tank Institute/Steel Plate Fabricators Association during its annual meeting in New Orleans, US.
PEC awarded new contracts
PEC Ltd has been awarded new contracts valued at around S$80 million for EPC and mechanical works in various projects.
Announcement of participants for the Low-Carbon Hydrogen Accelerator
EPRI, Shell, the City of Houston, Greentown Labs, and UFL have announced the start-up participants for the LCHA – a programme designed to support solutions for hydrogen production, storage, and distribution.