Horizon Terminals Limited (HTL) unveiled a US$100mn oil terminal with a capacity of 240,000 cu/m in Fujairah today, which it believes will strengthen the Emirate’s position as a global oil and gas storage hub
A consortium consisting of four South Korean construction majors - Hyundai Construction, Hyundai Engineering, GS Construction and SK Construction - has won a US$6.04bn deal to build the Karbala Refinery Project in Iraq
Arab Gulf Oil Company (AGOCO), subsidiary of National Oil Corporation (NOC), has struck oil and gas in the Ghadames Basin, 200km south of Tripoli
Oil worth US$25bn was exported by the Saudi Arabian government in January 2014, according to economic expert Fahad bin Jumaa
Oil and gas construction and engineering group Lamprell will begin delivery of its third complete jackup drilling rig ‘Qarnin’ to Abu Dhabi’s National Drilling Company (NDC) at the end of this month
