What TEAM Terminal does

TEAM Terminal B.V. is a private crude oil storage and transshipment joint venture founded in 1962 and headquartered at Rijndwarsweg 3 in Rotterdam Europoort, Netherlands. It is jointly owned by three oil majors — Esso (ExxonMobil), BP, and Aramco (Saudi Arabian Oil Company) — and operates exclusively as a captive storage facility serving these three shareholders. The terminal's core infrastructure consists of 33 floating-roof storage tanks with a combined capacity of 2,754,900 m³, three marine berths capable of receiving vessels up to 400,000 ton displacement (VLCC class), and a 325 km pipeline distribution network connecting to partner refineries and terminals domestically and internationally. It processes approximately 35 million m³ of crude oil annually, representing roughly 25% of total oil throughput in the Europoort area, and handles approximately 300 tanker vessels per year.

The company's core service offering encompasses receiving crude oil from global tanker sources, storing it in floating-roff tanks that minimize atmospheric emissions and explosion risk, performing recipe-based blending to partner specifications, and distributing via pipeline to shareholder refineries. Notable technical components include centimeter-accurate precision docking equipment, a modernized digital control room with computerized tank-level and pumping monitoring, two-component internal tank coatings to prevent corrosion, and advanced fire detection and foam suppression systems installed during the 1994–2007 modernization. The terminal also supports ship-to-ship transfers and layby operations.

TEAM Terminal's business model is a managed services operation under joint venture governance. Revenue is generated through inter-company service arrangements with the three shareholders rather than market-priced third-party contracts. The company does not serve external customers and does not rent storage capacity to third parties — a position reinforced by a 2024 public warning against parties falsely claiming to represent the company for Jet Fuel storage. Its go-to-market is enterprise field sales exclusively directed at its shareholders, with no external marketing function beyond a corporate LinkedIn presence. The lean headcount of 11–50 employees reflects a highly automated operation with outsourced support functions, and the company maintains no subsidiaries, no public listing, and no external funding relationships.

Name

TEAM Terminal

Legal name

TEAM Terminal B.V.

Website

https://team-terminal.nl

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

11–50 employees

Short description

TEAM Terminal B.V., founded in 1962 and based in Rotterdam Europoort, is a crude oil storage and transshipment joint venture jointly owned by Esso, BP, and Aramco. It operates 33 floating-roof tanks and handles 35 million m³ of crude annually for its three shareholders.

Ownership category

akta.pro rank

Product category

Oil Storage Terminal Services

NAICS

Petroleum Bulk Stations and Terminals (42471), Pipeline Transportation of Crude Oil (4861), Pipeline Transportation of Crude Oil (486110), Pipeline Transportation of Crude Oil (48611)

SIC

Pipe Lines (No Natural Gas) (4610), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH)

akta.pro secondary industries

Crude Oil & Condensate Terminals (Tank Farms, Marine/Truck/Rail Loading) (EUALAEAA), Crude Oil Tank Farms & Terminals (TLAGAKAA), Marine Terminals & Port Storage (Jetties, Docking, Bunkering Interfaces) (EUALAEAG), Crude Oil Pipeline Storage & Terminal Operations (Tank Farms, Injection/Receipt) (TLAGAAAJ)

Keywords

• Crude oil storage
• Oil transshipment services
• Liquid bulk handling
• Oil terminal operations
• Marine terminal services

Headquarters

HQ city

Rotterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Oil Storage and Handling Services: TEAM Terminal provides crude oil storage, handling, and blending services exclusively to its shareholders Esso, BP, and Aramco. The company processes approximately 35 million cubic meters of crude oil annually. As a captive terminal serving joint venture partners, revenue is generated through inter-company service arrangements rather than open-market transactions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

TEAM Terminal B.V. is a dedicated crude oil storage and transshipment facility in the Rotterdam Europoort area. It receives crude oil from large tankers (including VLCCs) at three berths, stores the crude in 33 floating-roof tanks with total capacity of 2,754,900 m³, performs recipe-based blending according to partner specifications, and distributes via a 325 km pipeline network to partner refineries. The terminal handles approximately 35 million m³ of crude oil annually and operates exclusively for its three shareholders: Esso (ExxonMobil), BP, and Aramco.

Product overview

TEAM Terminal operates as a specialized crude oil storage and transshipment facility with a single unified service offering. The core service encompasses receiving crude oil via large tankers (up to VLCC class), storing it in a network of 33 tanks with floating roofs (total capacity 2,754,900 cubic meters), blending crude to specifications, and distributing via pipeline networks. The company processes 35 million cubic meters annually, representing a quarter of the total Europoort throughput.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Oil Storage and Transshipment Services Receiving crude oil from global tanker vessels at three berths and storing it in 33 floating-roof tanks with total capacity of 2,754,900 m³. Designed to enable oil majors to offload VLCC-class vessels that cannot reach shallow-water refineries. Exclusively serves the company's three shareholders (Esso, BP, Aramco).
• Crude Oil Blending Services

Quantifiable outcome

• 35 million m³ crude oil processed annually, representing 25% of Europoort area throughput
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• BPcoreStrategic or Co-development Partner · 1 January 2007BP became a TEAM Terminal shareholder in 2007 when Texaco's stake was acquired. BP operates BP Raffinaderij Nederland in Europoort and uses TEAM Terminal for crude oil storage and distribution. The terminal name remained unchanged after BP acquired Texaco's stake.
• Esso (ExxonMobil)coreStrategic or Co-development Partner · 1 January 1994Esso is one of three shareholders of TEAM Terminal B.V. The terminal originally served Esso's Caltex operations before becoming a joint venture. Esso uses the terminal for its Botlek refinery supply. The terminal was originally established in 1962 to serve Caltex's Pernis refinery, with Esso becoming a partner two years later when the terminal expanded.
• Aramco (Saudi Arabian Oil Company)coreStrategic or Co-development Partner · 1 January 1994Aramco acquired a portion of Texaco's stake in 1994, becoming one of three original TEAM Terminal shareholders. As the world's largest oil company, Aramco supplies crude oil to European markets through this joint venture terminal.

Scale indicators9 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Vopak: Vopak is the world's largest independent tank storage operator, headquartered in Rotterdam and operating extensive crude oil and refined product terminals in the Rotterdam Europoort area. Directly comparable in liquid bulk terminal operations and customer base of oil majors.
• VTTI: VTTI is a global independent terminal operator (backed by Vitol) operating crude oil and refined product storage terminals across Europe and globally. Directly comparable in liquid bulk storage for oil majors and traders.
• Intercontinental Terminals Company (ITC): ITC operates one of the largest independent bulk liquid terminal complexes in the US Gulf Coast, handling crude oil and refined products. Directly comparable in liquid bulk terminal operations and storage capacity scale, though geographically distinct.
• Evos: Evos operates a network of liquid bulk storage terminals across Europe, primarily for petroleum products, chemicals, and biofuels. Directly comparable in liquid bulk terminal operations in European ports serving similar customer segments.
• Stolthaven Terminals: Stolthaven Terminals is the storage terminal arm of Stolt-Nielsen, operating a global network of bulk liquid terminals including crude oil and refined products in Europe and globally. Directly comparable in liquid bulk terminal operations.
• Oiltanking: Oiltanking is one of the world's largest independent operators of tank terminals for crude oil, refined products, and chemicals, with significant presence in Europe including Rotterdam. Directly competes for crude oil storage volumes from integrated oil majors.
• Zenith Energy: Zenith Energy is an independent global operator of bulk liquid storage terminals, with European operations in liquid petroleum products. Directly comparable as a mid-sized independent liquid bulk terminal operator serving oil major customers.

Broad incumbents

• Royal Dutch Shell (Trading & Supply terminals): Shell operates a global network of crude oil and product terminals integrated with its trading and refining operations, including significant European capacity. Broadly comparable as an oil major with captive terminal infrastructure serving integrated downstream.
• TotalEnergies (Refining & Chemicals terminals): TotalEnergies operates integrated crude oil and refined product terminals across Europe as part of its refining business. Broadly comparable as an integrated oil major with captive terminal infrastructure for its own supply chain.

Regional players

• Nerefco: Nerefco is a Rotterdam-based joint venture of BP and Texaco (now Saudi Aramco-related) operating refineries served by TEAM Terminal's pipeline network. Adjacent/regional peer in the same Rotterdam downstream ecosystem with shared shareholder history.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/team-terminal.b.v.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TEAM Terminal