Monthly Archives: May 2020
Expro ‘better placed’
Oilfield services firm Expro has released a financial update, which said it entered the Covid-19 crisis “with cash in the bank and no...
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HÜNI and APC
Advanced Polymer Coatings (APC) has released a statement reporting that in 2004 HÜNI + CO. “added to its highly regarded capabilities by...
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Klaipeda LNG terminal
GTSOU, (which is Ukraine's state-owned gas transmission system operator) and its Lithuanian counterpart Amber Grid, have announced they...
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Bangladeshi imports
Bangladeshi fossil fuel imports will double to 32 million tonnes of oil equivalent (Mtoe) between 2020 and 2030, according to Wood...
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First Estimates 2020
First Estimates 2020 has just been released by the international association for natural gas, CEDIGAZ. In it, it said in 2019, slower...
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PGNiG on hydrogen
Work has got underway at Polish Oil and Gas Co. (PGNiG) on projects that use hydrogen for power generation and automotive applications...
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Crestwood $160m
In its first-quarter financial and operating results, Crestwood Equity Partners announced that it has acquired “certain natural gas...
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Wärtsilä LNG FRSU
Wärtsilä has released an online statement to announce it has managed and completed delivery of three large-scale regasification modules...
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UTV new web tool
UTV, the German independent tank storage association, has announced it has enlarged its service and product portfolio. Moving forward...
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Buckeye and Kanon
Buckeye Partners LP and Kanon Loading Equipment BV teamed up recently to transport a huge cargo to the port of Houston. Or as Kanon put...
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Petrofac US$100m
Two three-year renewals in the UK worth more than US$100 million between them have been awarded to Petrofac’s Engineering & Production...
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TMC wins FPSO contract
Shanghai Waigaoqiao Shipbuilding Co. Ltd (SWS) has awarded a contract to supply the marine compressed air system to a newbuild FPSO that...
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Odfjell sells Dalian
A statement from Odfjell SE said it is “pleased to announce that Odfjell Terminals (China) Pte. Ltd. (OTC) has today completed a sale of...
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Sinopec operational
China’s largest petrochemical port has been put into operation with the successful docking and unloading of the New Renown, a VLCC from...
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Weston responds
Ohio-based Weston & Associates, which is a specialty consultant for both the liquid and dry bulk storage tank industry, is responding to...
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Matrix in Saldanha
Matrix Global Holdings LLC and Oiltanking MOGS Saldanha Pty Ltd. have announced they have developed an auction programme for storage...
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Neste acquires terminal
Neste has released a statement to announce it has acquired 100 per cent of the Dutch Count Companies BV’s Count Terminal Rotterdam BV and...
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Enterprise/Enbridge
Houston pipeline operator Enterprise Products Partners and Canadian pipeline operator Enbridge have released a statement to say they...
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McDermott congratulates
McDermott International Inc. has released a statement to say that with its partners, Chiyoda International Corp. and Zachry Group, it has...
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US rigs down 50%
The number of oil and gas rigs in the US fell again last week by 57, falling to 408, with the total oil and gas rigs sitting at 582 fewer...
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TechnipFMC LNG plant
It has been reported that Russian investment group A-Property has hired TechnipFMC to assist with a new LNG plant. It is thought the...
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Sulzer Chemtech team
The creation of a new global bio-based and renewables application development team has been announced by Sulzer Chemtech. It said in a...
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Antwerp ‘milestone’
A formal consortium called Power-to-Methanol Antwerp BV was set up this week, made up of ENGIE, Fluxys, Indaver, INOVYN, Port of Antwerp...
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Freeport LNG train 3
Commercial operations for Freeport LNG’s third liquefaction train started on Friday 1 May, Freeport LNG has announced in a statement. It...
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Cimarron acquires Aereon
Cimarron has released a statement to say it is “pleased to announce the acquisition of Aereon, a global market leader in emissions...
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Rocsole wins award
Rocsole Ltd has announced it has become the first Finnish company to win the Spotlight on New Technology Award. It was presented at the...
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LNG market hit
Economic slowdown as a result off the global COVID-19 pandemic has caused a supply glut in the LNG market, as several operators have said...
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Uniper extension
Pieridae Energy Limited has announced it has “negotiated extensions of the key deadlines under its 20-year agreement with German energy...
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ABP new contract
Associated British Ports (ABP) has released an online statement to say it is “celebrating the start of a new long-term contract with...
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Gravity’s 5,000 tanks
Gravity Oilfield Services’ storage tanks are normally used as frac or mud tanks, but it has announced in an online statement that these...
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Tarsco wins award
TF Warren has released an online statement to announce that Tarsco has won an award. It said: “Congratulations to Tarsco for being...
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New US price crash?
Before 24 May, 28 Saudi tankers including 14 VLCCs, carrying 43 million barrels of oil, are due to arrive on the US Gulf and West coasts...
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Rubis Terminal
Rubis and I Squared Capital will now jointly control Rubis Terminal, holding 55 per cent and 45 per cent of the company’s shares, respective
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Nine rent 23m barrels
Chevron, Exxon Mobil and Alon USA, along with six other companies, have agreed to rent space to store 23 million barrels of crude in the...
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Moda Texas expansion
Moda Midstream has placed the final 495,000 barrel tank into service from its 10 million barrel crude oil expansions at the Moda...
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US crude near record
Since a national emergency was declared in the US on 13 March, up until 24 April, US commercial crude oil inventories increased by 74...
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