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ENOC signs contract to expand refinery capacity with 12 storage tanks

ENOC Group signed an agreement with Rotary Engineering Fujairah FZE to construct 12 new storage tanks as part of its plans to expand the capacity of its Jebel Ali refinery by 50 per cent, the energy firm said on Monday.

Gazprom, CNPC sign survey deal for China underground gas storage

Gazprom, a Russian gas holding, and CNPC, China’s largest oil and gas producer and supplier, signed a contract to carry out surveys for setting up underground gas storage facilities in China.

CB&I wins terminal project in Texas

CB&I has been awarded a contract by Phillips 66 to increase storage capacity at Phillips 66's liquid products terminal in Nederland, Texas.

Gulf Petrochem: Opportunity abounds despite low price challenges

Pipeline Magazine spoke with Neil Lamerton, Global Head of Bunkering at Gulf Petrochem Group, to discuss the challenges and opportunities for companies operating in the Middle East’s oil storage market.

Saudi Aramco enters deal to buy Rotterdam terminal stake

Saudi Aramco’s overseas unit has agreed to buy a stake in Rotterdam’s oil storage terminal as its looks to increase its share in the European market.

IHI delivers value and solution in natural gas and LNG projects

IHI has been a pioneer has delivered value and solutions in natural gas and LNG projects throughout the world. As a milestone for Japan, we have executed the first LNG storage tank in 1969 with commitment to the country’s prosperity.

RasGas delivers first LNG to Italy

Qatar's RasGas Company has shipped its first LNG cargo to the Floating Storage Regasification Unit (FSRU) Toscana, located in Italy.

Abu Dhabi’s Mubadala Petroleum awards Thailand offshore field contract to Petrofac

Mubadala Petroleum, the oil and gas arm of Abu Dhabi's investment fund, signed a new contract with British oilfield services company Petrofac for production and storage and leasing offloading vessels at Thailand’s Jasmine offshore field.

Vopak Horizon Fujairah adds 478,000 cbm crude oil capacity

This new capacity is the first crude oil capacity in the Middle East for independent storage purposes with open access and very large crude carrier (VLCC) access. Its open access means capacity for all parties that need to store crude oil.

UAE's Baron Point Petroleum to set up pipeline JV with Vietnam NOC

Abu Dhabi-based Baron Point Petroleum said it signed an agreement to set up a US$150 million joint venture with PetroVietnam Oil Corporation in Vietnam to finance, build and operate a petroleum product pipeline and storage space.