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Tanks and Terminals news updates

 

Petredec to divest Petredec (Mauritius) to STC

Petredec Onshore Pte. Ltd. has signed an agreement to divest 100% of the shares in Petredec (Mauritius) Ltd (PML) to the State Trading Corp. (STC) of Mauritius, subject to customary completion steps.

BOTAS And Woodside sign long-term LNG HoA

Woodside has signed an LNG heads of agreement (HoA) to supply BOTAS with 5.8 billion m3 natural gas equivalent of LNG for up to nine years starting in 2030.

Quantem opens expanded Pelican Point Terminal

Quantem has officially opened its expanded Pelican Point Terminal in Adelaide, Australia, following a AUS$52 million project to add 90 000 m3 of new diesel storage capacity at the site.


More tanks and terminals news updates

ABB to power Singapore FLNG terminal

Hanwha Ocean has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating LNG terminal.

 
 
 

JERA signs MoU with Montenegro for LNG terminal

JERA and the government of Montenegro have jointly announced the signing of an MoU to explore the development of an LNG terminal and an associated gas-fired plant in the country.

 
 

NNOAT secures ISCC certifications

Noord Natie Odfjell Antwerp Terminal (NNOAT) has obtained two milestones in sustainability: both the ISCC PLUS and ISCC EU certifications.

 
 
 
 

New tools for an old battle

In the Autumn Issue of Tanks & Terminals 2025, Kristen White, Johns Manville, USA, describes how new designs in industrial insulation systems can help prevent corrosion under insulation through encouraging water egress.

 
 

OMV Petrom strengthens presence on bitumen market

OMV Petrom is expanding its activity in the bitumen field, through two strategic partnerships with Romanian companies, aimed at expanding storage capacity for bitumen and to produce polymer modified bitumen.

 
 

Wood and Equinor extend UK collaboration

Wood has secured a three-year contract extension to provide operations, maintenance, modifications, and support services (OMMS) on Equinor’s assets at the Mariner field, located on the UK Continental Shelf (UKCS).