Tanks & terminals

Converge has acquired Fairway Energy Partners’ crude oil storage tanks, pipelines, and the footprint of a terminal in Houston, Texas.

The Port of Brownsville has received a key permit to advance the Brazos Island Harbor Channel Improvement Project (BIH) to its construction phase.

Registration has now opened for Tank Storage Asia, which returns to Singapore’s Marina Bay Sands Expo & Convention Centre on 25 and 26 September 2019.

Standic will build a new chemical storage terminal in Port of Antwerp, doubling its capacity.

Aramco Trading’s new Fujairah office will handle all gasoline and fuel oil storage and blending activities, as part of a push into new markets.

Howard Energy Partners has announced the expansion of its Port Arthur and Corpus Christi bulk liquid terminals, raising terminal capacity to 2.6 million bbl.

Commonwealth LNG and Gunvor Singapore have signed a HOA for the offtake of 1.5 million tpy of LNG.

Worley and Enaval have entered a 50:50 joint venture to offer EPC and MMO services to the Brazilian oil and gas industry.

Gasum has announced that the joint venture, Manga LNG, has opened the LNG terminal in Röyttä harbour, Tornio, in Finland.

Petrobras has signed a letter of intent with SBM Offshore for the lease and operation of the FPSO Mero 2 to be deployed in the Mero field offshore Brazil.

InfraStrata has signed a binding term sheet with Vitol to enter into a gas storage agreement for long-term capacity offtake at a proposed storage facility in Northern Ireland.

Martin Midstream Partners has agreed to sell its interests in a number of natural gas storage companies to Hartree Bulk Storage.

Lindsay Goldberg’s 49% shareholding in Odfjell Terminals US has been sold to Northleaf Capital Partners.

BP will store over 1 million bbl in IEnova receipt and storage terminals in Manzanillo and Guadalajara, Mexico.

GlobalData has reported that North America and Asia will be the frontrunners in terms of global LNG liquefaction and regasification capacity growth.