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Industry

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore

Fujairah Oil Industrial Zone (FOIZ) and the oil storage and services business, Brooge Petroleum and Gas Investment Company (BPGIC), have reaffirmed their partnership in a recently signed land lease agreement

Oliver Valves, a UK-based manufacturing firm, has secured a contract worth US$12mn for a major international EPC company based in the Middle East

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