Monday 20 October 2014
 
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oil tank

Oman plans biggest oil tank farm

Oman is considering building a facility to store up to 200 million barrels of crude safely outside the Strait of Hormuz amid rising tension in the region over Iran's nuclear plan, the head of a state-run oil investment company said.

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KOC gets 13 requests in tank tender-paper

State upstream firm Kuwait Oil Company (KOC) has received requests from 13 international firms to take part in a tender to build several tanks, a newspaper said.  Kuwaiti daily Al-Rai said in an unsourced report that 20 firms had been

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