August 2020 | Storage Terminals Magazine

Hin Leong takeover

Singapore's Universal Terminal that was previously held by collapsed local company Hin Leong Trading (HLT) has had its fuel oil storage...

PDVSA to remove oil

The Government of Caribbean island Bonaire has ordered Venezuelan state oil company Petroleos de Venezuela (PDVSA) to move oil stored in...

GP Global no asset sale

Dubai commodity trading firm GP Global, which owns bunkering terminals at Hamriyah and Fujairah, UAE, has said it will not sell any of...

API language certification

In response to industry need, especially in South America, the American Petroleum Institute (API) 653 exam and standard have been...

Geldof’s contract order

Last month, Engicon nv (Geldof) announced that TEAM Terminal BV had granted it an extension of its tank maintenance contract until the...

Ampol reviews Lytton

Australian fuel company Ampol, (which used to be called Caltex Australia until May of this year), said it will continue to review...

Tarsco wins Clough contract

Tarsco, a TF Warren company, has announced a major award from Clough USA for the engineering and construction of eight API 650 storage...

ABB/Kongsberg collaboration

ABB Turbocharging and Kongsberg Digital have signed a cooperation agreement on edge data collection and ship engine performance analysis...

AVEVA to acquire OSIsoft

AVEVA and OSIsoft have announced they will combine their complementary product offerings, bringing together industrial software and data...

TGE wins INEOS contract

Announcing the news, TGE Gas Engineering said: “We are delighted to announce that we have been awarded an initial engineering services...

Rotterdam PERS renewal

The European Sea Ports Organisation (ESPO) has congratulated Port of Rotterdam for renewing its EcoPorts’ Port Environmental Review...

McDermott FEED contract

McDermott, the U.S. engineering and construction services provider, has been awarded a contract by Delta Offshore Energy to provide front...

CLH €23m investment

The CLH Group has said it is “developing initiatives to reinforce digitalisation and the efficiency of its services”. As part of this...

Verwater signs contract

Verwater said it was “very pleased” to announce the signing of a new contract with “a major client” for tank construction and maintenance...

PRIO sold to DISA Group

DISA, the Spanish energy group, and the investment fund Oxy Capital have reached an agreement for the purchase and sale of the energy...

Bulgartransgaz acquisition

Gastrade SA has signed an agreement for the acquisition of 20% of its share capital by the Bulgarian company Bulgartransgaz EAD (BTG)...

Empire Midstream

Empire Pipeline will now be known as Empire Midstream, in a move it said was “to better reflect the nature of its business activities”...

Petrobras sells eight oil fields

Brazil's Petrobras has agreed to sell its entire interests in eight onshore fields at Polo Rio Ventura in the country's Bahia state to a...

Indaver selects Geldof

Indaver Nederland BV, (a leading company in the field of sustainable waste management), has selected Engicon nv (Geldof) to be part of...

Japex extra LNG forecast

Japan Petroleum Exploration (Japex) expects to require about 200,000 mt of additional LNG in fiscal year 2020-2021 (April-March)...

ILTA gives 22 awards

The International Liquid Terminals Association (ILTA) has announced that 22 of its terminal members have received Safety Excellence...

EPCM wins BP contract

EPCM Holdings has been awarded the contract for the design and construction of the new BP filling station in Hartenbos, Western Cape...

TF Warren completion

TF Warren said the Blastco crew has nearly completed the structural repairs and recoating of the interior and exterior of a water storage...

IPP LLC capacity

IPP LLC, which is part of Russian port operator NCSP Group, has doubled its capacity for seed oils from 8,000 tonnes to 16,000 tonnes at...

Aramco suspends venture

Saudi Arabian Oil Co (Saudi Aramco) has decided to stop investing in a refinery facility in China’s Northeastern province of Liaoning...

OPEC+ oversupply

Some members of the OPEC+ group of oil-producing nations would need to slash output by an extra 2.31 million barrels per day (bpd) for a...

Indian natural gas

Currently, natural gas makes up about 6.2% of the entire energy consumption in India. But Prime Minister Narendra Modi has now set a...

NOC welcomes proposal

Libya's National Oil Corporation (NOC) has said it welcomes proposals from both sides in the country's conflict to lift a seven-month oil...

FireDos on tank fires

Tank farm fires can cause massive damage. But even once they’ve happened, to minimise the effects of future fires, fire protection and...

Pasadena Refinery fire

A fire that broke out in an oil tank at Chevron’s 112,229 bpd Pasadena Refinery in Texas on 18 August 2020, “resulted in no injuries and...

ECV Holdings LNG project

Prime Minister Nguyen Xuan Phuc has assigned Vietnam's Ministry of Industry and Trade a directive to propose a liquified natural gas...

Ugandan oil to Rwanda

Uganda National Oil Company (UNOC) said it is targeting weekly shipment of at least three million litres of petroleum products, petrol...

U.S. crude surge for China

Sinopec is filling new storage capacity in central China as the pace of U.S. crude exports to China is quickening. At least 12 very large...

HES Hartel new terminal

HES Hartel Tank Terminal is in the process of constructing a new “state of the art” facility. Announcing the progress, it said: “Another...

Russian export duty rise

Russia’s oil export duty will rise to $47.5 per tonne from September 1, from $46.9 in August, following an increase in oil prices, the...

KROHNE transmitter

The OPTIWAVE 7500 is a 2-wire 80 GHz radar (FMCW) level transmitter for demanding liquid applications involving narrow tanks with long...