McDermott to Build 14 Oil Storage Tanks in BC
07.13.2020 By Greta Talmaci - NEWS

July 13, 2020 [Kallanish Energy] – A McDermott International subsidiary has been awarded a contract for the engineering, procurement, fabrication, and construction of 14 oil storage tanks in British Columbia, Kallanish Energy reports.

 
The flat-bottomed atmospheric storage tanks will be up to 185 feet (56.4 meters) in diameter, said CB&I Storage Solutions in a statement.

They will be built in Burnaby, British Columbia, at the western terminus of the expanded Trans Mountain oil pipeline that is under construction.

The engineering and installation will be done by Canadian workers. The deal with worth between $50 million and $250 million (U.S.), McDermott said.

The pipeline project is owned by the Canadian federal government. It will expand the capacity on the pipeline system from 300,000 barrels per day to 890,000 barrels per day.

The new pipeline will run next to the existing pipeline from Alberta to British Columbia. McDermott International has recently emerged from Chapter 11 reorganization.

————-

Click Here to Access Today a 5,100 Tank Terminal Database With a Pro Trial
5,100 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More