Friday 20 April 2018
 
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oil storage

Renish appoints new group director for UAE

Renish Group, a fast-growing company in the oil storage space, has appointed Rakesh Mehra as its new chief executive officer for Southeast Asia and also the group’s director for strategy and planning in the UAE. Mehra now le

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Oil storage market to hit $17.2bn by 2023

Global oil storage market is set to hit $17.22 billion, registering a compound annual growth rate (CAGR) of 4.2 per cent over the next six years from 2017 to 2023, said a report. The market had been valued at $12.86 billion last year. I

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Iran's floating oil storage edges up 2.1pc

Iran’s floating storage has increased to 28.95 million barrels of oil and condensate in the past week, marking a rise of 2.1 per cent, a report said. A total of 38 tankers with stored oil were parked in sea lanes close to te

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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.

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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.

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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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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…
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