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
Industry
Schlumberger selects Ergil to supply equipment for Middle East projects
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
McDermott unit wins US$200 million offshore Gulf project
A subsidiary of US-based McDermott International has won a US$200mn engineering, procurement, construction and installation (EPCI) project in the Gulf
BC Petrochemical to target Middle East oil and gas sector
BC Petrochemical Sdn Bhd, one of Malaysias leading suppliers for the oil and gas industry, has declared its intention to expand its business operations into the Middle East, following a period of expansion in the Asia-Pacific region
Oman earns export revenue of US$16.1 billion in first five months of 2013
Oman has announced that it earned US$16.1bn from its oil and gas exports from January to May 2013, up 8.8 per cent on the same period last year