Horizon Terminals Limited (HTL), a wholly owned subsidiary of Emirates National Oil Company (ENOC), has inaugurated a new facility in Tangier, Morocco, with a total investment value of US$180mn.
Industry
Flowserve Abahsain inaugurates valve manufacturing facility
Flowserve Abahsain Flow Control Company Ltd., a joint venture between Flowserve Corp. and S&A Abahsain Co. Ltd. recently inaugurated a new valve manufacturing plant and training center in the Dammam Second Industrial City.
ION discusses regional strategies - An exclusive
ION is aiming to increase its presence in the region with the recent opening of its new international headquarters in Jebel Ali, Dubai.
Fall in 2012 oil demand due to weaker economy: IEA
The International Energy Agency (IEA), in its latest monthly, report cut its estimates for world oil demand growth this year.
Iraq inaugurates offshore oil export terminal
Iraq inaugurated a new offshore oil export terminal in the Gulf in a move to ease infrastructure constraints and to bring sorely needed cash for reconstruction after decades of war and international sanctions.
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