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Industry

Iraqs State Oil Marketing Organisation (SOMO) has signed an agreement with oil traders Vitol and Glencore to buy more than 1.5mn tonnes of gasoil through 2014

Oman Oil has signed a US$50mn land lease agreement with Port of Duqm Company to develop an oil bunkering terminal and ancillary facilities at the port

Engineering, construction and manufacturing specialist Ergil has been selected by Schlumberger Middle East to provide its ongoing projects across the Middle East with fuel storage tanks, storage tank equipment and a truck loading system

A subsidiary of US-based McDermott International has won a US$200mn engineering, procurement, construction and installation (EPCI) project in the Gulf

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