TOP STORIES OF THE WEEK
Aegis Group commences operations at India’s first independent ammonia storage terminal
A significant milestone has been achieved in India’s evolving energy infrastructure landscape as Aegis Group has commenced operations at the country’s first independent ammonia storage terminal at Pipavav Port.
The terminal has a static storage capacity of 36,000 metric tonnes, establishing a dedicated infrastructure asset to support the handling and storage of ammonia at one of India’s key maritime gateways.
The commencement of operations marks an important step in Aegis Group’s expansion into emerging energy infrastructure. As global and domestic energy systems continue to evolve, ammonia is gaining increasing attention for its potential role in cleaner energy pathways, including as an energy carrier and as part of the broader transition…
Emerson brings enhanced AI capability and streamlined application deployment to the industrial edge
Global automation leader Emerson has announced PACEdge™ version 3.0, the latest advancement to its IIoT enablement software platform, helping to bring AI capabilities and frictionless application deployment to edge devices. Enhancements to the PACEdge platform empower teams in life sciences, oil and gas, packaging, food and beverage and many other industries to more intuitively secure, deploy and standardise edge applications to drive the most efficiency and productivity from their operations.
Modern manufacturers are increasingly leveraging the rich data available from their IIoT devices to feed AI vision applications, inference and analytics tools. These new workflows support the advanced operational decisions necessary to secure competit…
VTTI Croatia upgrades operational technology network to support terminal operations
VTTI Croatia has commissioned an upgraded operational technology (OT) network at its terminal, increasing network capacity tenfold and strengthening the digital infrastructure supporting day-to-day operations.
The upgrade is designed to improve network stability, resilience and scalability while providing additional capacity for the terminal’s future digital requirements. Although much of the OT infrastructure operates behind the scenes, it plays a critical role in supporting the safe and reliable operation of terminal facilities.
The increased network capacity is expected to provide VTTI Croatia with a stronger foundation for the introduction of additional digital capabilities as the terminal’s operational requirements evolve.
VTTI said t…
Technip Energies awarded FEED contract for Malaysian LNG regasification terminal
Technip Energies has been awarded a front-end engineering design (FEED) contract for the Yan Offshore Regasification Terminal (RGT) project in Kedah, northwest Malaysia.
The contract will cover an assessment of regasification terminal configurations before the preferred solution is selected for the full FEED phase. Technip Energies will establish the project’s technical basis and support its development towards a final investment decision (FID).
The Yan RGT is being jointly developed by Gas Malaysia, Tokyo Gas Asia Pte. Ltd. and VTTI. The proposed terminal is designed to have a capacity of 6 million tonnes per annum (Mtpa) and will incorporate an offshore floating storage and regasification unit (FSRU), marine infrastructure, a subsea gas …
TPC Group to be acquired by ENEOS Holdings
TPC Group is set to be acquired by ENEOS Holdings, Inc. in a transaction that will bring the US petrochemical producer’s Houston operations and terminal assets in Port Neches, Texas, and Lake Charles, Louisiana, into the ENEOS Group.
The transaction is expected to strengthen ENEOS’s position in the petrochemical C4 value chain while expanding its operational footprint in the United States. The deal forms part of ENEOS’s strategy to strengthen its base and materials business and restructure its portfolio around growth-oriented markets.
TPC Group’s assets include petrochemical operations in Houston as well as terminal facilities serving its operations in the Gulf Coast region. Under the agreement, ENEOS will acquire the relevant petrochemica…