Hi JZ, I did this a couple of years back. I used a Vetus Universal Inspection Port, it's suitable for diesel.
www.keoghsmarine.com.au/vetus-all-purpose-tank-universal-inspection-port-suits-all-sizes-of-atank-ilt120 Whatever you do, don't buy the Vetus holesaw that is supposed to be ok for this, it's not. Have a look at the first pic, that was taken after a good long session trying to get one to cut, it didn't, just polished the SS. I sent it back and got a refund.
The port itself is a good product and I'm happy with it. My tank had poor access inside a cupboard under the galley sink, so cutting the SS was a PITA with a jigsaw. Looks like you've got easier access there, so a jigsaw with a SS cutting blade will make short work of it.
The only issue you might have is with the height of the port, it doesn't look like you've got much room to work with there? hole in the lid so the port protrudes into it maybe?