Tanks & terminals

Vopak has been awarded by Huizhou QuanMei Petrochemical Terminal Co. Ltd. a contract for storage and services of a liquid products terminal in China.

Baker Hughesand and Borg CO2 AS will collaborate on a carbon capture and storage project to serve as a hub for the decarbonisation of industrial sites in the Viken region of Norway.

Limetree Bay Energy has announced that it is suspending its plans to restart its refinery indefinitely, due to severe financial constraints.

Industrial Realty Group, LLC (IRG) has acquired 23.8 acres along the Houston Ship Channel, and has leased out a portion of the site to MTF Holdings.

Orbital Sidekick (OSK) has announced the upcoming launch of its newest and most powerful hyperspectral imaging satellite, Aurora.

Carboline has announced the acquisition of the Dudick Inc. business, a leader in high-performance coatings, flooring, and tank linings.

Magellan Midstream Partners L.P. has announced an agreement to sell its independent terminals network comprised of 26 refined petroleum products terminals to Buckeye Partners L.P.

Crown LNG, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has initiated development of an LNG terminal offshore Kakinada, India.

Oiltanking and Azur Drones have successfully equipped Oiltanking’s terminal in Copenhagen with state-of-the-art drone technology to support safety and operations.

The EIA reports that US natural gas storage capacity has remained flat over the past eight years.

GTT has announced that it will design two very large LNG land storage tanks in China.

Brooge Energy Ltd has announced that its customers have successfully renewed their fixed lease contracts for 233 071 cubic metres of Brooge Energy’s Phase I storage capacity.

The FSRU will deliver LNG to support Argentina in managing peak energy demand, while providing cost savings and emissions reductions.

POET has acquired Flint Hills Resources’ biofuel business, increasing POET production capacity to 3 billion gallons per year.

Eurotank Amsterdam is investing in the conversion of its gas oil tanks, making them suitable for storing biofuels, mixed biofuels and hydrotreated vegetable oil (HVO), following a successful pilot project.