Tank Storage Magazine Preview: June/July 2023

SPEARHEADING THE DIGITAL REVOLUTION

Discover how Odfjell Terminals US is progressing with its digitalisation projects

OFF-GRID ENERGY & MEETING TARGETS

Flogas Britain shares how it is keeping up with changing energy demands

VIRTUAL REALITY PROCESS & SAFETY TRAINING

The experts at Oak Tree Consulting explain how VR applies to tank storage

TECHNICAL FEATURES

42 Biofuels of the future, leading the change

Cyann Fielding asks biofuels experts to share their predictions for the future of tank storage and sustainability

46 Hydrogen takes centre stage

Molly Cooper investigates the factors involved in the transition to storing hydrogen as an industrial fuel

50 Versatile tank linings meet diverse needs

Lab tests and field studies identify coatings that streamline tank cleanings, adhere under pressure and withstand aggressive chemicals

52 One size does not fit all

Tank Storage Magazine looks at how leak detection equipment is embracing the digital transformation

56 Cargo tank inspection: the right people and the right tools

To Simon Ruddick at Marine Inspection Services, a combined visual and UT drone platform could mean a welcome goodbye to rope access and scaffolding

59 Updates in automated terminal management

Cyann Fielding finds out how digital processes are changing terminal operations

62 End-to-end digitalisation and decarbonisation

Diamond Key International shares how its proven solutions can achieve terminal optimisation through a strategic approach

64 EPC tank building: approaches & concerns

Major EPC companies share their man areas of focus when carrying out projects

68 Lightning can always strike twice

Tank Storage Magazine explores the latest lightning protection and mitigation techniques for tank storage facilities

70 Technical news

EVENTS

72 Keeping people safe where they walk

CEO of Real Safety, Torben Farup, discusses winning gold at the Global Tank Storage Awards and taking their technology into the tank storage sector

74 Houston-bound for ILTA

The Tank Storage Magazine team is heading off to Texas for the ILTA conference on May 22-24. Here’s a preview of what’s in store

76 We do it as a team

Commercial manager at North Sea Port, Sandra De May, tells Tank Storage Magazine how it feels to win gold at the Tank Storage Awards

79 Storage tank industry meets in Florida

Editor Anamika Talwaria shares some of her favourite innovations from the 25th annual NISTM Trade Show and Conference

AT THE BACK

80 Advertisers index

80 Social storage: Most liked posts since April

81 Events Listing 2023

CONTRIBUTORS

June/July 2023

PORTFOLIO DIRECTOR

Margaret Dunn +44 (0)20 3551 5721 margaret@tankstoragemag.com

EDITOR

Anamika Talwaria +44 (0)20 3876 9339 anamika.talwaria@easyfairs.com

JOURNALIST

Cyann Fielding +44 (0)20 3196 4416 cyann.fielding@easyfairs.com

JOURNALIST

Molly Cooper

+44 (0)20 3196 4263 molly.cooper@easyfairs.com

HEAD OF SALES

Sophie McKimm

+44 (0)20 3196 4356 sophie.mckimm@easyfairs.com

INTERNATIONAL SALES MANAGER

David Kelly

+44 (0)20 3196 4401 david@tankstoragemag.com

KEY ACCOUNT MANAGER

Gary Kakoullis

+44 (0)20 3196 4248 gary.kakoullis@easyfairs.com

MARKETING MANAGER

Ream Demnati

+44 (0)20 3196 4282 Ream.Demnati@easyfairs.com

HEAD OF DATA

Beth Welcomme +44 (0)20 3196 4345 beth.welcomme@easyfairs.com

CEO EASYFAIRS UK & GLOBAL

Matt Benyon matt.benyon@easyfairs.com Anne Lafère anne.lafere@easyfairs.com

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CONTACT

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F +44 (0)20 8892 1929 margaret@tankstoragemag.com www.tankstoragemag.com

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2nd Floor, Regal House 70 London Road Twickenham TW1 3QS United Kingdom

ISSN 1750-841X

EDITOR’S NOTE

AS I TYPE THIS, the Tank Storage team is gearing up for our second US show of the season. Having just come back from NISTM, Orlando, I’m still battling jetlag while working to get this fantastic issue, packed to the brim with original editorial content, out to you. And all in time for the ILTA conference in Texas!

You can read a sneak preview of what’s coming at the ILTA trade show and conference on page 74, complete with the highlights that our team is looking forward to. From tank storage developments to stories of space travel, this iteration of the event is sure to be one to remember. And as my first time in Texas, I’m certainly looking forward to experiencing the American hub of tank storage.

As well as the Tank Storage team, Odfjell Terminals US’ IT director, Aldrich Varilla, will be in attendance. You can read our exclusive interview with him on page 30 as he discusses winning an ORBIE, and his digitalisation strategy for OTUS.

Speaking of winners, we’ve interviewed the gold winners at the Tank Storage

Awards and will be sharing their developments with you through the year. Starting with Real Safety for Safety Technology (page 72) and North Sea Port, for Port of the Future (page 76). Plus, Diamond Key International explains its winning Omega Digitz platform on page 62.

Innovative technology and digitalisation strategies really are key topics at the conferences I’ve attended this year. So, it’s only right that we give this topic proper attention in the magazine. Turn to our market analysis section, and you’ll see how digitalisation is changing training procedures at tank terminals, with an explainer into virtual reality on page 40.

And the rest of this edition is equally forward-looking, with in-depth, wellresearched articles put together by our editorial team on the future of biofuels (page 42), hydrogen storage (page 46), terminal automation (page 59) and more. Embracing the digital world is something we’re passionate about at Tank Storage Magazine and our webinar series is yet another way we’re connecting the tank storage industry all over the world. So, once you’ve had your fill of the words in our magazine and the in-person events happening in the next few weeks, make sure you’ve signed up to Tank Talk. Our next webinar session is on 22 June, sponsored by Foamglas.

As always, if you think your company has a particularly interesting insight into a trend, data point, or you have an exciting case study to share with the industry, please do get in touch with us. Please

swing by the Tank Storage Magazine booth 223 to have a cup to tea (or coffee) and talk about your latest products, projects or just about the football (soccer).

Best wishes,

MORE TECHNOLOGY FOR TANKS

Advances in automation, robotics, chemistry, and procedures are making aboveground storage tank cleaning safer, faster, and more cost-effective than ever before.

Clean & Fast. We remove material using track-drive and magnetic vertical-drive ROVs, remote-control manway cannons, tank sweeps with continuous slurry and removal, submersible pumping systems, and more.

Maximum Recovery. Minimum Disposal. Phase separation and treatment options use high-speed centrifuges, filter and belt presses, and chemical treatment to reclaim valuable hydrocarbons and minimize waste.

SEE THE STATE-OF-THE-ART AT ILTA BOOTH 413!

TERMINAL NEWS: EUROPE

EXOLUM SECURES CONTRACT TO MANAGE FUEL TERMINAL AT SHANNON AIRPORT

Exolum will operate the fuel storage terminal located at Shannon airport, Ireland, as the successful bidder of a tender process organised by the Shannon Airport Group. The company will manage the terminal with facilities for the receipt of fuel by vessel, as well as storage and dispatch. It will also be the only agent to provide into-plane fuelling services to the different airlines operating at the airport. Exolum will manage the terminal under a twoyear agreement.

Shannon Airport offers UK, European and transatlantic flights for both passengers and goods, and will operate 35 routes to 11 countries this year. In addition to a hydrant system, the storage terminal has a capacity of over 42,000 m3

This transaction consolidates Exolum’s presence in Ireland, where it already operates at Dublin airport, and represents another step in the company’s internationalisation strategy within the aviation fuel supply sector.

DRAX HALTS $2.5 BILLION BIOMASS CARBON CAPTURE PLANS

British power generator Drax has announced it will pause its planned £2 billion (€2.26 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on government support.

Drax welcomed the UK government’s recent budget support for carbon capture and storage (CCS) but confirmed the company requires a firm commitment to BECCS before it could invest the cash to install the technology at its 2.6 GW biomass power plant in Yorkshire, northern England.

The US Inflation Reduction Act (IRA) is offering $85 (€78) per tonne of stored greenhouse gas removal using BECCS

while Britain has not yet established a market mechanism for the technology. An existing subsidy scheme for biomass plants, which provide about 6% of the country’s electricity, runs out in 2027, which a Drax spokesperson said could make them unviable.

‘Until we have this clarity, we are pausing our multimillion-pound investment programme in the UK BECCS project,’ Drax CEO, Will Gardiner, says.

UK TO PARTNER WITH KOREA ON ENERGY TRANSITION

The UK and the Republic of Korea are to collaborate more closely on the development of renewable energy sources and move towards energy independence.

Energy security secretary, Grant Shapps has joined forces with the Republic of Korea to collaborate on accelerating the move towards a cleaner, more energysecure future, including renewables and nuclear.

UK companies already represent 60% of Korean offshore wind engineering contracts, and Korea is already investing in projects supporting the offshore wind industry in the UK.

Shapps will also encourage the Republic of Korea to join the 168-strong ‘Powering Past Coal Alliance’ and commit to bringing forward its own 2050 coal power phaseout date towards 2030, with support from Britain’s own expertise in offshore wind.

ENFINIUM AND NAVIGATOR TERMINALS SIGN MOU FOR CARBON CAPTURE RAIL PROJECT

Enfinium, one of the UK’s largest energy from waste operators, and Navigator Terminals, leading bulk liquid storage provider, have announced they have signed a memorandum of understanding (MoU) to collaborate on the development of the UK’s first ‘Rail to

Zero’ carbon capture rail corridor, that would enable dispersed industrial sites to permanently store their emissions. They plan to develop options to transport carbon dioxide (CO2) captured at Enfinium’s Ferrybridge waste facilities in West Yorkshire, UK to Navigator’s proposed multi-model carbon dioxide terminal in Teesside, UK using rail freight. The CO2 would then be transported safely from Navigator’s carbon dioxide terminal for permanent storage. Bechtel, a global leader in engineering, construction, and project management, has been selected to support the feasibility work underpinning the concept.

The announcement follows the decision by the chancellor in the Spring Statement on 15 March to support the scale-up of the UK carbon capture and storage industry with up to £20 billion of investment.

EXOLUM INVESTS IN GREEN HYDROGEN START-UP H2VECTOR

Exolum is taking another step forward in its decarbonisation and diversification strategy by becoming a shareholder of H2Vector – a technology start-up, based in Asturias, Spain. H2Vector aims to provide energy solutions to enable the decarbonisation and electrification of society, based on renewable hydrogen. The company is conducting research into new forms of storage and transportation of green hydrogen based on the use of organic liquids, a field that coincides with one of the strategic lines of Exolum.

The investment in H2Vector is part of an ambitious Open Innovation plan through which Exolum seeks to establish strategic agreements that will enable it to incorporate new technologies and new talent in its business areas related to decarbonisation.

The company is investing in and cooperating with emerging companies from around the world that offer proposals to add differential value and provide innovative solutions in projects linked to the development of new energy vectors such as renewable hydrogen, biofuels and synthetic fuels, energy storage, sustainable mobility and the circular economy.

Spain

United Kingdom

United Kingdom

EVERYTHING UNDER ONE ROOF

ATMOSPHERIC

PRESSURE SPHERES LOW TEMPERATURE

CRYOGENIC TERMINALS

HÖEGH LNG AND WÄRTSILÄ RECEIVE

FUNDING FROM NORWEGIAN

GOVERNMENT FOR CLEAN ENERGY INITIATIVE

Investor relations, Höegh LNG and technology group Wärtsilä have received €5.9 million in funding from the Norwegian government’s green platform programme to develop a solution using ammonia as a hydrogen carrier for the energy market. The project will seek to increase the viability of using hydrogen as a replacement for fossil fuels. A system will be developed to convert ammonia to hydrogen in a process that can be installed onboard a floating terminal to be owned and operated by Höegh Floating Terminals offer benefits including greater flexibility for relocation and minimal use of coastal land. They may also provide lower overall costs, improved safety and competitive hydrogen prices.

Belgium

INEOS-LED CONSORTIUM ANNOUNCES BREAKTHROUGH IN CCS

Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish North Sea.

Project Greensand, a consortium of 23 organisations, showcases the feasibility of CO2 storage from being captured at an INEOS Oxide site in Belgium, to being transported cross-border and finally safely and permanently stored in the INEOS operated Nini field in the Danish North Sea.

By 2030, Project Greensand aims to store up to 8 million tonnes of CO2 per year in this area while continuing to make significant contributions to our understanding and growth of carbon storage technology. The CO2 injected into the Nini field is stored at a depth of about 1,800 metres below the seabed and will be closely monitored.

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VITOL ANNOUNCES THE DELIVERY OF FIRST LNG TO INKOO TERMINAL

Energy and commodities company, Vitol has announced the delivery of the first LNG cargo into Finland’s new Inkoo terminal. The cargo was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region.

The cargo originates from Vitol’s portfolio of US origin LNG and was transported in the Vivit Americas LNG, a modern LNG tanker which is part of the Vitol fleet. The tanker, sailing under the flag of Malta and built in 2020, is 299 meters long and 46 meters wide and can hold 174,062 m3 of liquefied gas.

Pablo Galante Escobar, head of LNG and European gas and power at Vitol said: ‘Vitol is delighted to deliver the first LNG cargo to Elenger via Finland’s Inkoo terminal. The opening of the terminal will enhance energy security in Finland and the Baltic region, facilitating the flow of LNG from around the world to European industry and consumers.’

STOLT-NIELSEN REPORTS UNAUDITED RESULTS FOR FIRST QUARTER

Stolt-Nielsen Limited has announced its unaudited results for the first quarter ending February 28, 2023. The company reported a first-quarter net profit of $99.8 million (€91.1 million), with revenue of $708.7 million (€646.9 million), compared with a net profit of $95.3 million (€86.9 million), with revenue of $732.5 million (€668.6 million), in the fourth quarter of 2022.

Niels Stolt-Nielsen, CEO of Stolt-Nielsen says: ‘The first quarter continued where 2022 ended, with a solid performance from all businesses during what is typically the seasonally weakest quarter of the year. Stolt Tankers improved on the prior quarter results as we began to see the impact of contract renewals on our earnings. Results at Stolthaven Terminals improved on the back of continued high utilisation, although throughput volume was down slightly.’

NAFTOGAZ PROMOTES GAS STORAGE AND PRODUCTION COOPERATION

The head of Ukraine’s state-owned oil and gas company Naftogaz Group, Oleksiy Chernyshov is promoting Ukraine’s competitive underground gas storage (UGS) facilities and production cooperation opportunities for Europe, during a two-day trip to Brussels.

Chernyshov says: ‘Our goal is to strengthen cooperation with our European partners, including storing European gas reserves in Ukrainian underground gas storage facilities and launching joint gas production projects in Ukraine.’

The CEO of Naftogaz has also met with James Watson, secretary general of the European gas industry association, Eurogas.

TERMINAL NEWS: THE AMERICAS

YARA AND ENBRIDGE PLAN $2.9 BILLION AMMONIA PLANT

Norway’s Yara, the world’s largest ammonia distributor, and Canadian energy infrastructure company, Enbridge, plan to invest up to $2.9 billion (€2.6 billion) to build a lowcarbon blue ammonia production plant in Texas, USA.

The plant is to be built at the Enbridge Ingleside Energy Center near Corpus Christi. It will use carbon capture and storage (CCS) technology to ensure the removal of most carbon emissions.

The production facility will be capable of supplying low-carbon ammonia to meet growing demand and has an expected capacity of 1.2 million to 1.4 million tons (1.42 million tonnes) per year.

Around 95% of the carbon dioxide generated from the production process is anticipated to be captured and transported to nearby permanent geologic storage.

IMTT ANNOUNCES PLANS FOR NEW JERSEY OPERATIONS

Bulk liquid storage and logistics company, IMTT has announced plans to consolidate its existing bulk liquid storage operations in Bayonne, New Jersey, USA. This will free up approximately 130 waterfront acres for redevelopment on its 450acre property.

The consolidation will enable IMTT to serve its bulk liquid customers more efficiently and attract additional economic development opportunities to the Bayonne area. Even after the anticipated reduction in storage capacity, IMTT’s Bayonne terminal will continue to be the largest bulk liquids storage terminal in the New York Harbor area.

Carlin Conner, IMTT chairman and CEO says: ‘We are pleased to announce that IMTT is consolidating a portion of the Bayonne terminal and embarking on a transformational development process

for the eastern portion of the property. This will allow us to continue providing high-quality storage and logistics services on the west side of our property and pursue sustainable development opportunities on the east side.’

BUCKEYE PARTNERS ANNOUNCES LAUNCH OF ENERGY TRANSITION DEVELOPMENT COMPANY

Buckeye Partners has announced the lauch of BAES Infrastructure, a diversified energy company that will focus on the development, construction, and operation of energy transition projects. BAES Infrastructure will pursue new energy transition-related opportunities, with its seed assets being Swift Current Energy, OneH2, Bear Head Energy, a low carbon hydrogen and ammonia project under development in South Texas, USA and other advancedstage solar development projects.

Todd Russo CEO of Buckeye says: ‘The launch of BAES Infrastructure represents another step in our energy transition strategy, reinforcing our commitment to investing in growth that aligns with our customers’ current and evolving needs, while facilitating the decarbonisation of the broader economy. This new company will allow us to leverage existing and new relationships and focus on investment and development activity in the energy

BEAR HEAD ENERGY RECEIVES APPROVAL FOR GREEN PROJECT

Subsidiary of BAES Infrastructure, Bear Head Energy has announced it has received environmental assessment approval for the company’s green hydrogen and ammonia production, storage, and loading facility in Nova Scotia, Canada.

Bear Head is permitted for up to two gigawatts of hydrogen electrolysers. Bear Head could produce up to 350,000 tonnes of hydrogen and two million tonnes of ammonia per year, positioning Nova Scotia to be a leader in the production of green hydrogen and ammonia and a critical part of the global energy transition.

Paul MacLean, managing director of Bear Head Energy says: ‘We are grateful to have achieved this enormous milestone for Bear Head…We believe green hydrogen and ammonia will play a fundamental role in facilitating the global energy transition, and this approval demonstrates that Canada and Nova Scotia are at the forefront of making this a reality.’

Bear Head will be developed in phases and is expected to commence deliveries of green hydrogen and ammonia by 2028.

transition space without compromising our focus on safely and reliably operating our critical petroleum products infrastructure.’

SEMPRA REACHES FINAL INVESTMENT DECISION ON PORT ARTHUR

USA power and gas utility Sempra Energy has announced that the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal will move ahead with investment firm KKR & Co agreeing to a minority stake in the project.

Sempra Infrastructure Partners, the 70% owned unit of Sempra, would target 20% to 30% of indirect ownership interest in the project, subject to the closing of the KKR sale.

Additionally, Sempra Infrastructure announced the closing of the project’s $6.8 billion (€6.3 billion) non-recourse debt financing and the issuance of the final notice to proceed under the project’s engineering, procurement and construction agreement.

Sempra’s unit has also finalised its joint venture with ConocoPhillips. The USA oil producer in November 2022 had said

it would acquire a 30% non-controlling interest in the Port Arthur Phase 1 project in Texas through the JV. Sempra estimates the total capital expenditure for the 13.5-million tonnes per annum (MTPA) plant’s Phase 1 at $13 billion (€12.5 billion).

ConocoPhillips, units of Poland’s Polski Koncern Naftowy Orlen SA, INEOS, ENGIE and Germany’s RWE AG would together buy about 10.5 MTPA LNG from the Port Arthur plant under longterm agreements.

BP STARTS OIL PRODUCTION AT ARGOS PLATFORM IN THE GULF OF MEXICO

BP has successfully started oil production at its Argos offshore platform, delivering more energy at a critical time and strengthening BP’s position as a leading producer in the deepwater USA Gulf of Mexico.

The semi-submersible platform aims to increase BP’s gross operated production capacity in the Gulf of Mexico by an estimated 20%. BP expects to safely and systematically ramp up production from Argos throughout 2023.

BP chief executive, Bernard Looney says: ‘The start-up of Argos is a fantastic achievement that helps deliver our integrated energy strategy – investing in today’s energy system and, at the same time, investing in the energy transition. As BP’s most digital facility worldwide, applying our latest technologies, Argos will strengthen our key position in the Gulf of Mexico for years to come.’

Argos is the centrepiece of BP’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. It is one of nine high-margin major projects that BP plans to start, by the end of 2025.

ENERGY TRANSFER ACQUIRES LOTUS MIDSTREAM OPERATIONS

Midstream energy company, Energy Transfer and independent energy company, Lotus Midstream have announced that they have entered into an agreement in which Energy Transfer will acquire Lotus Midstream Operations. This acquisition will cost approximately $1.45 billion (€1.33 billion).

Lotus Midstream owns and operates Centurion Pipeline Company, an integrated, crude midstream platform located in the Permian Basin. The transaction is expected to close in the second quarter of 2023.

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Above ground plastic tanks

Demolition of vertical cylindrical steel storage tanks and LPG spheres

TERMINAL NEWS: MIDDLE EAST & AFRICA

and other products, including 1.4 million litres a day of petrol and 1.1 million litres a day of diesel.

SHARJAH NATIONAL OIL CORPORATION (SNOC) EXPANDS GAS STORAGE FACILITIES

The latest expansion of SNOC’s gas storage capacity includes two high-pressure compressor trains and associated tie-ins to its existing brownfield facilities at Sajaa.

SNOC set a 10 month schedule from award to completion and successfully completed the project ahead of schedule. The project involved efforts from SNOC’s in-house project team and the EPC contractors Enerflex Ltd and ALUCOR.

The critical project construction achievements were welding 2180 inch dia, erection of 30 tons (27.2 tonnes) of steel, 360 m³ of concrete, 510 m of E&I cables and a safe heavy lift of 87 tons using a 500 ton (453 tonnes) capacity crane.

The project was completed without any operational or environmental incidents and achieved a milestone of 82,000 manhours without lost time incident (LTI).

ABSA GROUP AIMS FOR NET ZERO CARBON EMISSIONS BY 2050

South African lender, Absa Group, aims to cut its net carbon emissions to zero by 2050 by curtailing lending to coal, oil and gas projects and instead increasing its exposure to renewable projects.

‘While we recognise Africa’s particular vulnerability to climate change, our approach to net zero also takes cognisance of the development needs of Africa’s people,’ says Punki Modise, Absa Group’s chief strategy and sustainability officer. The company’s loan portfolio’s exposure to coal would reduce to 0.03% by 2050, from 0.2% in 2023. Oil exposure would reduce to 0.32% from 1.41%.

ACTAD ANNOUNCES OPENING OF GREENFIELD LIQUID BULK TERMINAL

ACTAD has announced the opening of its new greenfield liquid bulk terminal in Khalifa Port, Abu Dhabi, UAE, and will commence operations on July 1, 2023.

The state-of-the-art terminal offers facilities and services for storing and transporting liquid bulk, ensuring high levels of safety, efficiency, and sustainability.

ACTAD’s mission is to provide customers with unparalleled service and expert advice, ensuring their cargo is always in safe hands.

COMMISSIONING BEGINS AT TECHNIP ENERGIES’ KARBALA REFINERY

Commissioning has begun at Technip Energies’ Karbala refinery PMC project in Iraq.

Located approximately 100 km (62 miles) from Baghdad, Iraq, Karbala is Iraq’s first new refinery in decades and is the first refinery in Iraq to meet Euro 5 fuel standards, which will greatly reduce emissions. The project is moving ahead and is scheduled to reach its full capacity of 140,000 barrels per day (bpd) by the end of July 2023.

LIBYA SIGNS SOUTH REFINERY CONTRACT WITH HONEYWELL

A subsidiary of Libya’s state-owned National Oil Corp (NOC) has signed a contract with Honeywell for The project will be carried out in two phases. NOC has previously said South Refinery will produce cooking gas, jet fuel

Libya is seeking to bring foreign investment back into its energy sector after two and a half years of comparative peace following years of conflict. It hopes to take advantage of increased demand for its oil and gas following supply concerns in Europe resulting from the war in Ukraine.

ERBIL-BAGHDAD TEMPORARY DEAL TO RESTART NORTHERN OIL EXPORTS

Iraq’s federal government and the Kurdistan Regional Government (KRG) have signed a temporary agreement to restart northern oil exports through Turkey, as part of a broader deal to end decades of political and economic disputes.

Turkey stopped pumping about 450,000 barrels per day (bpd) of Iraqi crude through a pipeline from the Fish-Khabur border area to its Ceyhan port on March 25, after Iraq won an arbitration case. Under the deal, Iraq’s state-owned marketing company SOMO will have the authority to market and export KRG oil, and the revenues will be deposited in an account at the Iraqi Central Bank under the control of the KRG.

The deal is temporary until the budget law passes in parliament.

Crude flows are yet to restart.

United Arab Emirates

United Arab Emirates

South Africa

Iraq

Libya

Iraq

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TERMINAL NEWS: ASIA & PACIFIC

IMPALA TERMINALS OPENS TERMINAL AT KWINANA BAY

Impala Terminals has officially opened its first Australian energy import, storage and distribution terminal, Kwinana Bay, western Australia.

Strategically located next to the Kwinana Bulk Jetty (KBJ), Impala Terminals Kwinana will bring fuel distributors alternatives to serve Perth and the surrounding region, creating a more resilient energy market and greater supply security.

The new terminal, which has been in operation since last October, has a storage capacity of 225 million litres/1.4 million barrels, with 11 bulk tanks, four day tanks and a butane tank. The facility includes a diesel express lane which significantly reduces loading time for delivery vehicles, and is equipped with the latest equipment and automation systems. The terminal is currently handling diesel and gasoline, as well as butane for blending, and is supported by a strategic anchor customer.

INPEX REVISES PLAN FOR ABADI LNG PROJECT

Japan’s Inpex Corp has submitted a revised development plan to the Indonesian government authorities for the Abadi liquefied natural gas (LNG) project, now incorporating a carbon capture and storage (CCS) component.

Japan’s biggest oil and natural gas explorer submitted the revised plan of development on behalf of its joint venture with Shell after amending it to include plans to neutralise all carbon emitted from natural gas production at the Abadi gas field through CCS.

Inpex expects to sequentially resume activities associated with the project, including various on-site activities, with an aim to reach a final investment decision in the latter half of the 2020s and commence production in the early 2030s.

STOLT NIELSEN ANTICIPATED TO WIN CONSTRUCTION BID

Stolt Nielsen looks likely to win a development contract for a storage project which will involve the construction of 4 million barrels of petrochemicals at Jurong Prot in Singapore, according to Reuters. The deal, which includes storage and terminal work, is expected to be worth about $300 million (€228 million) and is part of the development being built on the western edge of Singapore.

The contract was meant to have been handed out in December but now the decision on what company will be awarded it is expected to be made within the coming few months.

Included in the new project plans is 3.15 million barrels of oil storage, while the remaining 750,000 barrels will hold chemicals.

NESTE TO START PRODUCTION AT SINGAPORE RENEWABLE FUELS EXPANSION

Finnish biofuel producer Neste plans to start commercial production at its renewable fuels expansion project in Singapore in the coming weeks after trial runs.

Neste plans to inaugurate the 1.3 million tonne-per-annum (tpa) plant next month. The plant will boost Neste’s sustainable aviation fuel capacity by up to 1 million tpa, in addition to a 500,000 tpa project at its Rotterdam plant.

The Singapore expansion and production from a new joint venture plant in California with Marathon Oil Corp hopes to increase Neste’s biofuels capacity to reach 5.5 million tpa by end of 2023, up from 3.3 million tpa.

JERA AND KOGAS SIGN MOU FOR LNG

Fuel energy company, JERA has announced that it has entered into a memorandum of understanding (MoU) with Korea Gas Corporation (KOGAS), regarding cooperation in the LNG business.

Under this MoU, for the sake of securing supply stability of LNG, JERA and KOGAS agreed to discuss opportunities for mutual collaboration in the LNG business including LNG swaps, trading, ship optimisation, and market view exchange.

Russia’s invasion of Ukraine has created a severe energy environment, such as the reduction of pipeline gas supply to Europe, and the uncertainty regarding global energy supply is drastically increasing. In response to these circumstances, under this MoU, JERA and KOGAS will strengthen their strategic relationship and consider developing schemes of cooperation regarding their LNG supply and demand, to enhance stable energy supply in Japan and Korea.

Indonesia

Australia

Asia

Singapore

Singapore

We commit to simplify your project, with an e ective heating solution, with every BTU in mind. QMax Tank Heating Solutions are designed to maintain specific process temperatures or provide rapid heat-up inside Tanks, Vessels and other containers using internal tank heating or external tank heating.

TECHNIP ENERGIES AWARDED CONTRACT

BY JUHUA

Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co (Juhua) for a 1.3-propanediol (PDO) plant with a capacity of 72 kta(1) and a 150 kta polytrimethylene terephthalate (PTT) plant in Zhejiang, China.

These two products are based on Technip Energies’ proprietary Zimmer PDO and PTT technologies to strengthen and expand Juhua’s petrochemical new materials business.

PDO technology was originally developed by Shell and Shell Catalysts & Technologies will be the catalyst supplier to the PDO plant.

Bhaskar Patel, SVP sustainable fuels, chemicals and circularity of Technip Energies, says: ‘We are very pleased that Juhua has selected two of our polymer technologies for the expansion of their facility in Ningbo. This is the first commercial scale application of our PDO technology, which produces a high quality monomer with excellent raw material utilisation as feedstock for our PTT technology.’

PDO is a colourless, odourless organic chemical that can be used in the pharmaceutical, cosmetics and plastics manufacturing fields. It is also the feedstock for PTT, a high performance and versatile polyester, used in the manufacturing of high quality carpet and textiles.

India

HPCL AND BPCL SIGN MOU FOR HYDROGEN SYNERGY

A memorandum of understanding (MoU) has been signed between HPCL Mumbai Refinery and BPCL Mumbai Refinery for the purchase and sale of hydrogen.

The MoU is a one-of-a-kind strategic partnership between two companies to create synergy for mutual aid during emergencies and towards environmental impact by minimising valuable hydrogen flaring.

The initiative aims to achieve cooperation and collaboration in the areas of hydrogen exchange between refineries for sustained refinery operations and uninterrupted product availability.

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Essential

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SAFETY TECHNOLOGY

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Real Safety

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ScoutDI

OUTSTANDING ACHIEVEMENT AWARD

GOLD

Nicholas Gohl, CFO, Aquarius Energy

SILVER

Helena Hjortberg, Manager

Solutions for Rosemount Tank Gauging, Emerson

SAFETY EXCELLENCE

GOLD Odfjell Terminals Korea

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ITC Rubis Terminal Antwerp

RISING STAR AWARD

GOLD Guy Curtis, EWFM

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Martyn Bazem, Exolum

TERMINAL INNOVATION

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ORLEN Unipetrol RPA

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Rubis Terminal Tepsa

Bilbao

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Koole Tankstorage

Botlek

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ACE Terminal

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• COMPOTEC® flexible composite hoses,

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THE PRODUCT

For over 40 years the name of MATEC® Group has been synonymous with special hoses for the Petroleum and Chemical industry, for Fuel transportation with Tank trcks or Marine loading/unloading purposes.

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Boasting a temperature range of -200°C (Cryogenic hose), to +200°C (Hitemp hose), and pressure ratings of 10, 15 and up to 40 Bar W.P. for special types, COMPOTEC® hoses are lined with either Polypropylene or PTFE, giving the hose excellent resistance to solvents, chemicals, acids, resins and all petroleum based products. So, if you are in the petroleum or chemical business, call the people who specialize in making hoses for your applications.

THE COMPANY

Founded in 1980, we have constructed in the course of the years an advanced product structure, which is equal or superior to the Quality, Environmental and Safety demands of the market.

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TANK TERMINAL UPDATE

OKEA

Products: Oil

Cost: $220 million (€200.36 million)

Capacity: 40,000 boed

Construction/expansion/acquisition: Norwegian independent oil and gas producer Okea has agreed to buy a 28% stake in Norway’s Statfjord production licence from Equinor. The deal increases Okea’s total production by between 13,000 and 15,000 barrels of oil equivalent per day (boed) in 2023 and by between 16,000 and 20,000 boed in 2024.

Comment: Okea says: ‘In addition, the agreement contains contingent payment terms applicable for 2023-25 for certain thresholds of realised oil and gas prices.’

SAUDI ARMACO

Products: Oil, ethylene and paraxylene

Cost: $12.2 billion (€11.3 million)

Capacity: 300,000 (bpd)

Construction/expansion/acquisition: Saudi Aramco has signed an agreement with Chinese partners for an oil refinery and petrochemical project in northeast China expected to start in 2026 to meet the country’s growing demand for fuel and chemicals.

Comment: Construction at the complex will start in the second quarter after the project secures the required administrative approvals. The plant is expected to be fully operational by 2026.

EXXONMOBIL

Products: Petrochemical

Capacity: 630,000 bpd

Construction/expansion/acquisition: ExxonMobil has announced the successful startup of its Beaumont refinery, USA, expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the USA. Gulf Coast.

Comment: Karen McKee, president of ExxonMobil product solutions says: ‘ExxonMobil maintained its commitment to the Beaumont expansion even through the lows of the pandemic, knowing consumer demand would return and new capacity would be critical in the post-pandemic economic recovery.’

SEMPRA

Products: Liquefied natural gas (LNG)

Cost: $13 billion (€12.5 billion)

Construction/expansion/acquisition: US power and gas utility Sempra Energy has announced that the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal will move ahead with investment firm KKR & Co agreeing to a minority stake in the project. Sempra Infrastructure Partners, the 70%-owned unit of Sempra, would target 20% to 30% of indirect ownership interest in the project, subject to the closing of the KKR sale.

Comment: Sempra estimates the total capital expenditure for the 13.5-million tonnes per annum (MTPA) plant’s Phase 1 at $13 billion (€12.5 billion).

BP AND ADNOC

Products: Offshore natural gas

Cost: $2 billion (€1.8 billion)

Construction/expansion/acquisition: BP and Abu Dhabi’s state oil giant have made an offer to acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion (€1.8 billion).

Comment: The offer involves acquiring NewMed’s free-floating shares and taking the company private and would mark Abu Dhabi National Oil Co (ADNOC) and BP’s entry into Israel’s growing energy sector.

ONYX POWER

Products: Hydrogen

Capacity: 1,200 MW

Construction/expansion/acquisition: Electric utility company, Onyx Power plans to make a significant contribution to emission reduction in the Netherlands by building a hydrogen production plant at its existing site in the Port of Rotterdam.

Comment: With a capacity of 1,200 MW the plant could produce some 300 kiloton per annum blue hydrogen, to aid in decarbonising the industry and meet national targets.

HARBOUR ENERGY AND BP

Products: Carbon capture and storage

Capacity: 30 million tonnes of per year

Construction/expansion/acquisition: Independent oil and gas company, Harbour Energy and energy giant, BP have announced that they have entered into an agreement to develop the Viking CCS transportation and storage project, the Humber, UK. Under the terms of the agreement, Harbour will continue as operator of Viking CCS with a 60 per cent interest and Bp will acquire a 40 per cent non-operated share.

Comment: The announcement follows the UK Government’s recent decision to launch Track 2 of its CCS cluster sequencing process.

it has signed a sales and purchase agreement with anode producer, Aluchemie. The new site in Rotterdam provides Advario with the opportunity to develop, build, innovate and operate the storage infrastructure its customers and partners need to successfully transition to cleaner energy.

Comment: The target date for completion is 31 December 2025, after which Advario can start construction.

TOTAL ENERGIES

Products: Oil, gas and renewables

Cost: $27 billion (€24.6 billion)

LINDE AND HEIDELBERG MATERIALS

Products: Carbon capture and storage

Capacity: 70,000 tons (63,500 tonnes)

Construction/expansion/acquisition: Industrial gases and engineering company, Linde has announced it has signed an agreement with building materials company, Heidelberg Materials to jointly build, own and operate a largescale carbon capture and liquefaction facility. Through the use of carbon capture, Linde and Heidelberg Materials will aim to reduce carbon emissions at Heidelberg’s Lengfurt plant in Germany.

Comment: ‘Our innovative project with Heidelberg Materials is one of the first large-scale plants of its kind for the cement industry,’ says Sean Durbin, executive vice president EMEA at Linde.

EVOS

Products: Green hydrogen and hydrogen fuels

Construction/expansion/acquisition: Evos Hamburg, the Lother Group and E-Fuel GmbH have announced that they will be cooperating with the intention of establishing the Hamburg Blue Hub. This is a core initiative within a chain of other projects to get ready for the import of green hydrogen and hydrogen-based fuels in Hamburg. The aim is to establish Hamburg as key distribution centre for green fuels in Europe.

Comment: Managing director of Evos Group, Harry Deans, says: ‘Evos is determined to put our extensive experience to great use and ensure that we handle future fuels with the same care and expertise.’

Construction/expansion/acquisition: French oil major TotalEnergies has confirmed it has reached an agreement with the Iraqi government on a longdelayed $27 billion (€24.6 billion) energy project, reviving a deal that aims to bring back foreign investment into the country.

Comment: The deal was signed in 2021 for TotalEnergies to build four oil, gas, and renewables projects with an initial investment of $10 billion (€9.1 billion) in southern Iraq over 25 years.

INEOS PHENOL

Products: Chemicals

Cost: $330 million (€302 million)

Capacity: 1 million tonnes of product each year

Construction/expansion/acquisition: Producer of phenol and acetone, INEOS Phenol has announced the acquisition of the Japanese chemicals manufacturer, Mitsui Phenols Singapore from Mitsui Chemicals is complete.

ADVARIO

Products: Energy products

Construction/expansion/acquisition: Liquid energy storage and logistics provider, Advario B.V, has announced

Comment: Gordon Adams, business director of INEOS Phenol says: ‘Entering the Asian market via this acquisition gives INEOS Phenol a unique capability to support our global customers’ plans for future growth.’

Iraq

Germany

Germany

Netherlands

Singapore