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Fuel tanks of a capacity greater than 25 US gallons must adhere to specifications for spillage, leakage, mounting, impact survivability, weld requirements, venting and a host of other stipulations. The regulations require side-mounted fuel tanks to survive a 30-foot drop test, while non-side-mounted fuel tanks must survive a 10-foot drop test.
An oil tanker's inert gas system is one of the most important parts of its design. [91] Fuel oil itself is very difficult to ignite, but its hydrocarbon vapors are explosive when mixed with air in certain concentrations. [92] The purpose of the system is to create an atmosphere inside tanks in which the hydrocarbon oil vapors cannot burn. [91]
Tank trucks are described by their size or volume capacity. Large trucks typically have capacities ranging from 21,000 to 44,000 litres (5,500 to 11,600 US gal; 4,600 to 9,700 imp gal). In Australia, road trains up to four trailers in length (known as Quad tankers) carry loads in excess of 120,000 litres (32,000 US gal; 26,000 imp gal).
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OCTG – oil country tubular goods (oil well casing, tubing, and drill pipe) [23] OD – outer diameter (of a tubular component such as casing [citation needed]) ODT – oil down to; OFE – oil field equipment; OFST – offset vertical seismic profile; OEM – original equipment manufacturer; OFIC – offshore interim completion certificate
Rubber fuel tanks have been viable technology for cars since the late 1950s, [5] but few manufacturers have adopted them. In 1962, 10,000 gallon flexible tanks made of neoprene rubber were used to store fuel oil in Antarctica. Each tank weighed 750 pounds and could be folded up into a volume of 125 cubic feet.
Petrobras 36 (P-36) was a floating semi-submersible oil platform. Prior to its sinking on 20 March 2001, it was the largest in the world. [3] It was owned by Petrobras, a semi-public Brazilian oil company headquartered in Rio de Janeiro. [4] The cost of the platform was US$350 million (currently US$602 million). [5]
The concept started to be used by oil traders in the market in early 1990. [2] But it was in 2007 through 2009 that the oil storage trade expanded. [6] Many participants—including Wall Street giants, such as Morgan Stanley, Goldman Sachs, and Citicorp—turned sizeable profits simply by sitting on tanks of oil. [5]