Tanks & terminals

Woodside has entered into a binding agreement with Stonepeak for the sale of a 40% interest in Louisiana LNG Infrastructure LLC.

The European Union (EU) is likely to relax its current gas storage refilling targets amid mounting concerns that the rules are distorting market dynamics and driving up prices, according to Klaus Müller, President of Germany’s Federal Network Agency (BNetzA).

HES International has unified its brand as part of the ONE HES programme.

AD Ports Group and Oylz Terminals have signed a strategic agreement to develop a petroleum storage terminal at Khalifa Port, in the UAE.

Baker Hughes, an energy technology company, has announced a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project.

CTCI has won the EPC bid for the LNG storage tanks at Kaohsiung Intercontinental Terminal, Taiwan.

Tepsa has constructed a new tank storage terminal, building a sustainable future in Andalusia, Spain.

CTCI Corp. to build four above-ground, double-domed LNG cryogenic tanks, with a storage capacity of 180 000 kiloliters each, for CPC Corp.

Vopak has hosted its Capital Markets Day, the company reconfirmed its strategic priorities and announced €1 billion additional investments in gas and industrial infrastructure.

Mitsui O.S.K. Lines, Ltd has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A.

SubTerra Engineering Corporation has announced the strategic acquisition of Cavern Solutions, Inc.

Expanding global industrial terminal capacity, Thai Tank Terminal and PTT Global Chemical have signed a 15-year ethane storage and handling agreement.

Odfjell Terminals Korea and S-OIL strengthen strategic partnership with 10-year storage agreement.

Crown LNG has signed a gas sales MoU with India Gas Exchange for India’s first national-level automated trading platform.

Wood has been awarded a US$120 million contract extension by Shell UK Ltd to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.