Thursday 26 May 2016
 
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oil storage

CB&I wins Abu Dhabi oil storage tank contract

CB&I, a major energy infrastructure focused company in the world, said it has been awarded a $60-million contract by Zakum Development Company (Zadco) for the refurbishment of two crude oil storage tanks on Zirku Island, Abu Dhabi, UAE.

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CB&I wins Abu Dhabi oil storage tank contract

CB&I, a major energy infrastructure focused company in the world, said it has been awarded a $60-million contract by Zakum Development Company (Zadco) for the refurbishment of two crude oil storage tanks on Zirku Island, Abu Dhabi, UAE.

More…

Oman building 25m barrels of new oil storage

A storage project with 25 million barrels of space will open in Oman in 2019, helping to keep the country's oil flowing, Oman Tank Terminal Company (OTTCO) said on Tuesday. The complex, which will be built at Ras Markaz, is ne

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Oman building 25m barrels of new oil storage

A storage project with 25 million barrels of space will open in Oman in 2019, helping to keep the country's oil flowing, Oman Tank Terminal Company (OTTCO) said on Tuesday. The complex, which will be built at Ras Markaz, is ne

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Oil storage at sea halves to 25m barrels

Only half the tankers booked to hold crude oil at sea two months ago are still earmarked for storage after a rally in oil prices, but trade and shipping industry sources say the business could revive again quickly if the market turns.

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Oil storage at sea halves to 25m barrels

Only half the tankers booked to hold crude oil at sea two months ago are still earmarked for storage after a rally in oil prices, but trade and shipping industry sources say the business could revive again quickly if the market turns.

More…

Oil storage at sea halves to 25m barrels

Only half the tankers booked to hold crude oil at sea two months ago are still earmarked for storage after a rally in oil prices, but trade and shipping industry sources say the business could revive again quickly if the market turns.

More…

India, UAE in strategic oil storage lease talks

India is in talks to lease part of its planned strategic storage to UAE's state oil company Abu Dhabi National Oil Company (Adnoc), two government sources said, as New Delhi moves to protect its economy against crude price shocks and supply

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Fujairah oil storage capacity to rise by 2 mcm

  Oil storage capacity in the UAE port of Fujairah is expected to rise by 2 million cubic metres (mcm) this year to just over 6 mcm, port data shows.   The port

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Iran to build more oil storage as sanctions bite

Iran will build millions of barrels of oil storage facilities in the Gulf over the next few months in response to international sanctions on its exports, Iran's Press TV reported on Sunday. "By the middle of the next (Per

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