Storage

Historic investment decision for transport and storage of CO2

Submitted by Editorial staff on 15th May 2020

15th May 2020

Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway's first exploitation licence for CO₂ storage on the Norwegian Continental Shelf. Plans for development and operation have been handed over to the Ministry of Petroleum and Energy.

McDermott Awarded Multiple EPFC Contracts for Storage Tanks in Saudi Arabia

Submitted by Editorial staff on 29th April 2020

29th April 2020

McDermott International, Inc. has been awarded contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across Saudi Arabia.

Shell completes storage expansion project at Bukom refinery

Submitted by Editorial staff on 7th June 2019

07th June 2019

New storage tanks boost Shell’s oil capacity and flexibility. This is the company’s latest investment to enhance the competitiveness of an important refinery and meet growing demand in Asia Pacific and beyond in the coming decades

Summit Terminaling developes bulk liquids terminal projects

Submitted by Editorial staff on 22nd May 2019

22nd May 2019

Summit Terminaling, LLC, a growth-oriented energy infrastructure company focused on acquiring and developing bulk liquids terminal projects, today announced an equity commitment led by EIV Capital (“EIV”), a private equity firm focused on the energy industry.

EDF Group inaugurates two ground breaking energy transition projects at Blyth and West Burton

Submitted by Editorial staff on 22nd June 2018

22nd June 2018

Jean-Bernard Lévy, the EDF Group Chairman and Chief Executive Officer, Bruno Bensasson, the Group Executive Vice-President in charge of Renewable Energies and Simone Rossi, EDF Energy Chief Executive Officer officially opened two ground breaking projects in the United Kingdom.

Siemens’ BlueVault™ energy storage solutions bring clean, reliable power to offshore operations

Submitted by Editorial staff on 1st May 2018

01st May 2018

A clean, reliable power supply is critical for offshore oil and gas assets. Siemens is now applying its extensive electrification experience in the marine industry to offshore oil and gas, with a focus on reducing emissions and risk in particularly unforgiving operational environments.

Ørsted takes first steps into commercial battery storage

Submitted by Editorial staff on 25th April 2018

25th April 2018

Ørsted has today (Wednesday 25 April) announced it will build and operate a 20 megawatt (MW) battery storage project near Liverpool in the UK.

Demand for young talent and innovation in the Tank Storage Industry

Submitted by Editorial staff on 13th March 2018

13th March 2018

Talent development and innovation are key topics at StocExpo Europe’s new “Innovation in Storage” Programme

One-Stop service provider for tank farm foundations

Submitted by Editorial staff on 28th February 2018

28th February 2018

At StocExpo Europe, the largest international event for the tank terminal industry, taking place from March 20 – 22.

Storage Terminals need protection against cyber attacks

Submitted by Editorial staff on 27th February 2018

27th February 2018

Cyber security is a subject that we read about almost every week and one thing is for sure, we need to take the matter more seriously both at a business and personal level.