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
Industry
Oman Oil and Port of Duqm sign oil terminal deal
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
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
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