The Abu Dhabi National Oil Company (ADNOC) has signed two new strategic equity partnerships with Eni and OMV that cover both ADNOC Refining and a new trading joint venture between the three partners
Industry
Understanding the cold wall effect on linings in hot storage tanks
Rich in history and experience, AkzoNobel’s linings product range is world-renowned for its quality and reliability
Tenaris acquires significant stake in Saudi Steel Pipe
Tenaris, a supplier of tubes and related services, has acquired a 47.79 per cent stake in Saudi Steel Pipe Company (SSP) to expand its industrial presence in Saudi Arabia
Petrasco signs contract extension with Flowline in Dubai
Petrasco, a provider of energy logistics solutions, has announced that it has signed a six-figure contract extension with Aberdeenshire-based Flowline Specialists in Dubai
Brent to average US$65 per bbl in 2019: Wood Mackenzie
Brent crude oil is expected to average US$65 per bbl in 2019 and US$68 per bbl in 2020, according to the Wood Mackenzie