Tanks & terminals

SAMSUNG E&A has received a letter of award for the FEED contract for the Indonesia INPEX Abadi Onshore LNG project from INPEX Masela Ltd.

ADNOC Gas plc has announced the signing of a heads of agreement with Hindustan Petroleum Corp. Ltd to supply 0.5 million tpy of LNG for a 10-year term.

Pengerang Terminals (Two) Sdn. Bhd. is set to provide storage and handling facilities for biorefinery feedstocks and products.

New Fortress Energy Inc., via a subsidiary, has executed a 5-year agreement for the deployment of the Energos Winter, an FSRU, with the Egyptian Natural Gas Holding Co. (EGAS).

The average historical volatility of the daily Henry Hub front-month futures price trended downward through 1H25, with quarterly volatility falling from a recent high of 81% in the 4Q24 to 69% by mid-2025.

ABB has been awarded a large order by bp, as the operator of the Sangachal terminal in Azerbaijan, to support the electrification and power grid stability of one of the world’s largest oil and gas terminals.

MT Group has been awarded a major contract for the execution of all topside and onshore-based infrastructure at the new jetty in Brunsbüttel FSRU LNG terminal in Germany.

Argent LNG has selected GIS Engineering as its ‘below-the-bolts’ engineering partner to spearhead FEED, site preparation, and regulatory development for the company’s flagship project at Port Fourchon.

Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission pre-filing and permitting process for its 25 million tpy LNG export project in Louisiana.

Natural gas consumption in Italy saw an increase in the 1H25, and Adriatic LNG’s contribution to the national energy system continued to grow as well.

AB KN Energies is preparing to provide a biomethane virtual liquefaction service at the Klaipeda LNG terminal, Lithuania.

Global Energy Storage Group (GES) has completed the sale of its Rotterdam terminal, held through GES Netherlands B.V., to Tepsa.

IHI Corp. and Royal Vopak have signed a joint development agreement for the proposed establishment of a joint venture for the development and operation of an ammonia terminal in Japan.

The Port of Gothenburg has signed new agreements with one of its largest customers in the energy sector, Inter Terminals Sweden.

MET Group has acquired 100% of KGE, a natural gas storage operator based in Gronau, North Rhine-Westphalia, Germany.