Stay up to date with the latest news and updates from the tanks and terminals industry.
The company has agreed to acquire a 25% interest in Summit LNG Terminal Co. Ltd. (SLNG) and to develop a LNG receiving terminal that uses a FSRU in Bangladesh. With the acquisition, 75% of SLNG will be held by Summit Corp. Ltd. (Summit) and 25% by MC.
Venture Global LNG Inc. has announced that it has raised additional private capital of approximately US$160 million.
Vopak has announced financial results for 1H18 and released details of investments and a strategic review into its terminal assets.
From January to July 2018, Transneft Diascan inspected 333 oil and petroleum products storage tanks.
Magellan Midstream Partners, L.P. and LBC Tank Terminals, LLC are further expanding the infrastructure of Seabrook Logistics, LLC, owned 50/50 by subsidiaries of Magellan and LBC, by increasing Seabrook Logistics’ crude oil and condensate storage and dock capabilities in the Houston Gulf Coast area.
ExxonMobil Premium HDME 50™ marine fuel is now available through a mass flow metering system that has received third-party accreditation from Lloyd’s Register.
Liquids logistics solutions provider Tristar Group has acquired the Shell Chemicals terminal in the Jebel Ali Free Zone, UAE.
The company is the first independent blender to cross petrol into Mexico.
Moda Midstream to acquire the Oxy Ingleside Energy Center and crude oil infrastructure from Occidental Petroleum.
The FEED of InfraStrata’s gas storage project in County Antrim, Northern Ireland, is scheduled to be delivered by December 2018 at the latest.
The proposed new terminal is expected to be fully operational in 2Q20 and is permitted for up to 20 million barrels of storage.
AUMA has supplied a turnkey valve automation solution to Indonesian oil and gas company Pertamina that includes explosion-proof multi-turn SA actuators with intelligent AC controls and a SIMA control system.