Oiltanking going ahead with oil storage terminal in Saldanha Bay

Oiltanking MOGS Saldanha (RF) (Pty) Ltd, a joint venture between Oiltanking GmbH and MOGS (Pty) Ltd, is pleased to announce that it is going ahead with the construction of an independent crude oil and blending storage terminal in Saldanha Bay.

The first phase of the terminal will have eight tanks with a total capacity of 8.8 million barrels (1.4 million cbm) and will be operational in the second half of 2018. At the final stage, the 13.2 million barrel (2.1 million cbm) facility will comprise twelve in-ground concrete tanks.

The new crude oil terminal in the Port of Saldanha Bay will be built as a state-of-the-art facility in accordance with the highest safety and environmental standards. The terminal will be equipped to blend crude oil and be connected to an existing jetty which can handle vessels up to VLCC (very large crude carrier) size.

Sponsor:

News Category:

Company News

Other News Items

Beyond processbook & PI vision: Exploring today’s industrial analytics tools

(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...

04-06-2024
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst

Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...

16-04-2024
Yokogawa and GridBeyond conclude investment and strategic partnership agreements

Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...

16-04-2024
Heraeus Precious Metals launches Circlear

Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...

16-04-2024
EMA and JERA to cooperate on LNG procurement and supply chains

The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...

16-04-2024
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity

Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...

16-04-2024
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management

Radix, a global technology solutions company, announced the signing of a partnership agreement with Cleopatra Enterprise, a leading project cost management software company. ...

16-04-2024
Rhône Energies in talks to buy Fos-sur-Mer refinery

Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, has entered into exclusive negotiations to acquire the Fos-sur-Mer refinery and the Toulouse and Villette ...

14-04-2024
Cenovus Energy to invest in Toledo and Lima refineries

Canada's Cenovus Energy said it will spend more than $1.5 billion on its 160,000 b/d Toledo and 185,000 b/d Lima refineries in Ohio over the next five years and expand ...

11-04-2024
Kent plays integral role in Fawley petrochemical complex

Kent, a leading global engineering and project management company, is proud to announce its significant involvement in ExxonMobil's £800m investment in its Fawley Petrochemical ...

11-04-2024