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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, 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 has been awarded a contract by Phillips 66 to increase storage capacity at Phillips 66's liquid products terminal in Nederland, Texas.
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’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 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.
Qatar's RasGas Company has shipped its first LNG cargo to the Floating Storage Regasification Unit (FSRU) Toscana, located in Italy.
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.
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.
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.