TANK TERMINAL UPDATE

Aquachemie

Products: Petrochemicals

Cost: $50 million (€45 million)

Capacity: Over 34,000 m 3

Construction/expansion/acquisition: AquaChemie commissioned Mott MacDonald, the engineering, management, and development consultancy, for the new facility’s design detailed engineering and project management, with the region’s leading mechanical, electrical, instrumentation, and civil contractors also being on boarded for the project’s completion in record time.

Comment: Subrato Saha, Managing Director of AquaChemie, says: ‘It took us over four years to bring the AquaChemie terminal from concept to reality.’

Koole Terminals

Products: Vegetable oils, fats, and biofuel feedstocks

Capacity: 87,000 m 3

Construction/expansion/acquisition: Koole Terminals has acquired Maastank B.V. The Maastank terminal, formerly part of the Dekker Group, is a key player in the Rotterdam port area.

Comment: This transaction will benefit both Maastank’s employees and customers, by providing the necessary resources to drive further growth. It will also bring value to the port of Rotterdam, where we have had the privilege to grow our business.

Comment: The tanks are the world’s largest onshore LNG storage tanks incorporating the GST membrane containment technology.

Stolthaven Terminals

Products: Bulk liquid storage

Construction/expansion/acquisition: Stolthaven Terminals and waste recycle and treatment company, Revivegen Environmental Technology have entered into a joint venture for construction. The new Stolthaven Revivegen Kaohsiung Terminal will meet growing customer demand for high-quality bulk liquid storage in the region and introduce more international trade to Taiwan.

Comment: The terminal is also well positioned to provide storage to support the transition to greener energy and fuel alternatives, including ammonia.

Vision Energy

Products: : Ammonia

Construction/expansion/acquisition: Vision Energy has announced the incorporation of new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators and launching customers for its integrated Green Energy Hub development.

Comment: It’s planned that the ammonia cracking facility will integrate with the company’s import, storage and handling terminal development in Vlissingen via a short pipeline enabling dedicated storage and handling capacity for imported green ammonia feedstock.

HHLA

Products: Hydrogen

Varo Energy

Products: Biogas

Bgg Tianjin Nangang Lng Terminal

Products: Liquified natural gas

Capacity: 220,000 m 3

Construction/expansion/acquisition:

As part of the BGG Tianjin Nangang LNG terminal, China Huanqiu Contracting & Engineering (HQCEC) has completed the construction of two liquefied natural gas (LNG) onshore storage tanks, each with a capacity of 220,000 m 3 The two onshore tanks are now in the commissioning phase and will become operational in the first half of 2023.

Construction/expansion/acquisition: Energy company, VARO Energy has announced the acquisition of 80% of the shares in one of the largest biogas manufacturers in Europe, Bio Energy Coevorden BV (BEC) in the Netherlands. The transaction accelerates the ONE VARO Transformation strategy launched in July 2022.

Comment: VARO recognises that a range of solutions and products are needed to help emitters to decarbonise and to protect Europe’s energy security.

Construction/expansion/acquisition: Hamburger Hafen und Logistik AG (HHLA) has commissioned Linde Engineering to build a hydrogen filling station in the Port of Hamburg, Germany. The station will form part of the port’s test centre for hydrogenpowered port logistics at the Container Terminal Tollerort (CTT).

Comment: HHLA will operate the filling station as part of its cluster activities in the Port of Hamburg.

Marathon Oil

Products: Hydrocarbon

Cost: $3.0 billion (€2.79 billion)

Capacity: 22,000 net bopd

Construction/expansion/acquisition: Marathon Oil has announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural

Resources for a total cash consideration of $3.0 billion (€2.79 billion). The

Comment: The facility will include energy-saving technology and use for ethane feedstock which aims to result in lower greenhouse emissions.

Marathon Oil

Products: Hydrocarbon

Cost: $3.0 billion (€2.79 billion)

Capacity: 22,000 net bopd

Construction/expansion/acquisition: Marathon Oil has announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a total cash consideration of $3.0 billion (€2.79 billion). The acquisition was originally announced on November 2, 2022.

Comment: The assets are acquired from Ensign Natural Resources (99% operated, 97% working interest).

Qatar

Qatarenergy And Chevron Phillips Chemical

Products: Integrated polymers

Cost: $6 billion (€5.6 billion)

Construction/expansion/acquisition: QatarEnergy and Chevron Phillips Chemical have announced they will construct a $6 billion (€5.6 billion) integrated polymers complex in Ras Laffan Industrial City.

Comment: The facility will include energy-saving technology and use for ethane feedstock which aims to result in lower greenhouse emissions.

No draft problem

Aramco And Totalenergies

Products: Petrochemicals

Construction/expansion/acquisition: Saudi Arabian oil company, Aramco and energy and petroleum company, TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia.

Comment: The overall complex, including adjacent facilities, is expected to begin ommercial operation in 2027.

• Mobile pump systems

• Hydraulically driven submersible pumps

• Hoselayers

• Hoses

• Hose recovery units

• Hose ramps

• Foam injection

• Monitors

• Flood pumps

• Oil skimmers

Large volume mobile water transport system

Complete temporary above ground hydrant network

Containerized