Saturday, November 23, 2024

Economical Solution News

Sentinel Midstream Mulls Offshore Terminal

Dallas-based oil and gas company Sentinel Midstream is planning to develop a deepwater crude oil export terminal, located near Freeport, Texas. The completed facility will be capable of fully loading Very Large Crude Carrier (VLCC) vessels.Texas GulfLink will include an onshore terminal with up to 18 million barrels of storage, an offshore 42-in. pipeline, and a manned offshore platform to facilitate port operations with two  Catenary Anchor Leg Mooring (CALM) Single Point Mooring (SPM) buoys.

Yara Marine to Deliver 6 Scrubbers for LPG Carriers

Yara Marine Technologies (former Green Tech Marine) – a world leading scrubber supplier – has won a contract to deliver 6 exhaust gas cleaning systems (“scrubbers”) to an undisclosed ship-owner in 2015. The vessels are currently under construction at Hyundai Mipo Dockyard in Korea, and will be supplied to the owner in 2016. The vessels will be trading mainly in the North European ECAs (North Sea and Baltics). By using the Green Tech Marine® scrubbers, ship owners can continue to operate on heavy fuel oil instead of more costly marine gas oil…

Bakken-to-Cushing Crude Oil Pipeline: Demand Assessment

Enterprise Products Partners says it has started a binding open commitment period to determine shipper demand for capacity on a proposed new pipeline that would originate in the Williston Basin of North Dakota and also serve the Powder River and Denver-Julesburg (“DJ”) Basins. The 30-inch diameter pipeline would extend approximately 1,200 miles to the Cushing hub in Oklahoma and is currently designed to have an initial capacity of approximately 340,000 barrels per day (“BPD”) of crude oil, expandable to more than 700,000 BPD.