March 2023 - Newsletter

Introducing Storagetech's Innovative Dome Roof Solutions

Storagetech is proud to offer a comprehensive range of storage tank solutions for a variety of industries. One such solution is our dome roof, which is designed to offer superior protection and durability for your storage tanks.

• High-strength design: Our dome roofs are engineered to withstand even the toughest environmental conditions, including extreme temperatures and high winds. They are made from top-quality materials, such as high-strength steel, to ensure long-lasting performance.
• Customizable design: We understand that every storage tank is unique, which is why we offer custom design options for our dome roofs. Our engineering team will work closely with you to develop a solution that meets your specific requirements and maximizes your storage capacity.
• Quick and easy installation: Our dome roofs are designed for quick and easy installation, minimizing any disruptions to your operations. We use advanced manufacturing processes to ensure that all components fit together seamlessly and can be installed with minimal labor.
• Corrosion Resistance: Aluminum is highly resistant to corrosion, which makes it an ideal material for storage tank roofs that are exposed to various corrosive elements. Additionally, aluminum is non-reactive to most chemicals, which means that it won't react with stored products or cause contamination.
• Self-Supporting Structure: Aluminum dome roofs are self-supporting structures, which means that they do not require any internal support columns or beams. This design reduces the risk of roof collapse and improves the overall stability of the storage tank. With no internal columns or beams, the tank's interior can be fully utilized, and there is no risk of product contamination.

The Dome Roof is no exception, offering a range of benefits for customers in the oil, gas, petrochemical, chemical, and water industries. The Dome Roof provides a cost-effective solution for large diameter storage tanks, with its superior strength and load capacity. The design also allows for maximum storage capacity and protection against external elements.

In addition to its strength, the Dome Roof is also easy to install and maintain. Its lightweight construction allows for easy transportation and installation, while its low maintenance requirements provide long-term cost savings for customers.

At Storagetech, we pride ourselves on providing our customers with the latest technology and innovative solutions. The Dome Roof is just one example of our commitment to meeting the evolving needs of our customers.

For more information on Storagetech's Dome Roof solutions, please visit our website or contact our sales team today.

Another Successful Completion; Distilled Nitrile & Crude Nitrile Vessel

Ergil is proud to announce the successful completion of our Distilled Nitrile & Crude Nitrile Vessel project for a customer. This vessel has a diameter of ?3200 mm, a height of 17 meters, and an erected weight of 45 tons. Designed to operate at a pressure of 4 bar and full vacuum, and at a temperature of 320 degrees Celsius, this vessel is suitable for the handling of corrosive chemicals.

The vessel, features an internal coil system, a robust fluid classification and designed to comply with the design code of EN 13445 and CE Marking. This vessel was part of another comprehensive projects that ERGIL has undertaken and demonstrates our ability to provide complete solutions to our clients.

As a leading provider of custom-made process equipment , ERGIL is dedicated to providing high-quality complete solution provider to our clients. Our in-house engineering team is experienced in designing, manufacturing, and installing equipment to meet our client's specific requirements. We would like to thank our customer for giving us the opportunity to work on this project and we look forward to working with them on future projects.

Ergil Supplied 3 Bladder Type Surge Vessels to Africa

We showcase our recent project with a Chinese contractor in Africa, where we supplied 3 bladder type surge vessels for their potable water service. The surge vessels, made of carbon steel, have a total capacity of 14 m3 and were installed.

Our team at Ergil is proud to have been a part of this project, which will help provide clean and safe drinking water to the people of Africa. We take pride in our commitment to delivering high-quality and reliable products to our customers, no matter where they are in the world.

Stay tuned for more updates on our latest projects and innovations in the field of pressure vessel and tank manufacturing.?

Sectoral News

Equinor makes new oil and gas discovery in North Sea off Norway

Equinor Energy, a state-owned Norwegian energy company, has made a new oil and gas discovery in the North Sea off Norway. This marks the third and fourth exploration wells in production license 923, which was awarded in 2017. Equinor owns a 40% stake in the license, while DNO Norge, Petoro, and Wellesley Petroleum each hold a 20% stake.

The wells, located 10 kilometers northwest of the Troll field in the North Sea, were drilled using Transocean's Transocean Spitsbergen semi-submersible rig. The discovery is estimated to be between 2.7 and 7.4 million Sm3 of recoverable oil equivalent. The licensees intend to consider tying the discovery into existing infrastructure in the Troll area. The wells have been permanently plugged and abandoned, according to the Norwegian Petroleum Directorate. The Transocean Spitsbergen rig will now drill a wildcat well 34/6-6 S in production license 554 in the northern North Sea.

Source:https://www.offshore-energy.biz/new-oil-gas-discovery-in-north-sea-with-tie-back-on-the-horizon/

Shell Acquires Europe's Largest Renewable Natural Gas Producer to Accelerate Energy Transition

Shell Petroleum NV, a subsidiary of Shell, has acquired Nature Energy Biogas A/S, the largest producer of renewable natural gas (RNG) in Europe. The purchase includes all of Nature Energy's operating plants, feedstock supply and infrastructure, as well as its in-house expertise in RNG plant technology. Nature Energy has 14 operating plants and a pipeline of around 30 new plant projects in Europe and North America.

This acquisition supports Shell's goal to build a global integrated RNG value chain and expand its low-carbon offerings to customers across multiple sectors. RNG, also known as biomethane, is chemically identical to conventional natural gas and can be used in existing transmission and distribution infrastructure, making it a competitive option to decarbonize multiple sectors. The acquisition aligns with Shell's Powering Progress strategy to accelerate its energy transition and is expected to be profitable for the company. Nature Energy will operate as a wholly owned subsidiary of Shell, initially under its existing brand.

Soruce: https://www.shell.com/media/news-and-media-releases/2023/shell-completes-acquisition-of-renewable-natural-gas-producer-nature-energy.html

Oil and gas exploration sector sees best year in over a decade, creating $33bn in value

Wood Mackenzie reports that despite a decline in exploration drilling in 2022, the oil and gas exploration sector had its best year in over a decade, with discoveries up in both quantity and quality, creating $33 billion in value and full cycle returns of 22% based on $60/bbl Brent prices. The industry drilled fewer exploration wells than before the pandemic, but the 20 billion barrels of oil equivalent discovered in 2022 matched average annual results from 2013 to 2019.

According to the report, the success of the exploration sector in 2022 was due to strategic selection and focus on the best and largest prospects, resulting in an average discovery size of over 150 million BOE, more than double the average of the previous decade. Deepwater discoveries in Namibia, pre-salt exploration areas offshore Guyana and Brazil, and onshore discoveries in the Algerian desert contributed the highest value to last year's new finds.

Source: https://jpt.spe.org/2022-oil-and-gas-discoveries-create-highest-value-in-a-decade