oil & gas

SafeSTS Middle East completes five UAE ship-to-ship transfers for two oil majors
The first two transfers took place at the company’s Khor Fakkan C Anchorage, whilst the next three were at its Fujairah S Anchorage.
UAE-based Tristar targets US shale oil with new crude oil terminal in Louisiana
The Canal Crude Oil Terminal is within the Louisiana Offshore Oil Port (LOOP), a deep-water port in the Gulf of Mexico off the coast of Louisiana.
Tristar acquires Shell Chemicals terminal in JAFZA
The Shell Chemicals terminal is situated on a 21,000 sqm water facing lot and consists of nine above-the-ground storage tanks with a capacity of 5,505 CBM, a jetty with three pipeline connections to the tanks, truck loading gantry and drumming facility.
Abu Dhabi Ship Building sees second highest ever profits
Abu Dhabi Ship Building (ADSB) entry into offshore sector pays off with more than AED 100-million in profit for the year ended December 31st.
Video: Renish Petrochem planning Hamriyah oil refinery
Renish Petrochem has revealed plans to build a crude oil processing plant adjacent to its oil storage facilities at the Port of Hamriyah in Sharjah.
S&P Global Platts uses Blockchain for oil inventory data at Fujairah Oil Industry Zone
S&P Global Platts launches Blockchain network to allow market participants to submit weekly inventory oil storage data to Fujairah Oil Industry Zone.
Geopolitical tensions could give breakbulk a boost in 2018 says report
Geopolitics, including the threat of War in the Middle East will replace oil supply cuts by OPEC and non-OPEC countries as the biggest driver of crude prices in the coming year, according to two-thirds of those polled in a Gulf Intelligence GIQ Survey.
Kuwait Petroleum Corp inks LNG import deal with Royal Dutch Shell
Kuwait Petroleum Corp. signed a 15-year liquefied natural gas import deal with Royal Dutch Shell Plc to help the oil exporting nation meet growing domestic energy demand.
Tanker titans gather to discuss oil shipping in Dubai
Executives from three of the largest oil tanker operators in the world discussed the future of the sector at the Bahri Oil Transportation Forum.
ADSB takes leap of faith with entry into depressed oil and gas sector
Abu Dhabi Ship Building (ADSB) has expanded its services portfolio to the oil and gas industry, betting on a lower oil price in 2018 to spur demand for its services.
First Global Logistics moves oil & gas cargo from Egypt for PMICO
First Global Logistics has moved oil and gas accessories and units from the supplier's site in Cairo, Egypt to Alger Port in Algeria for their client's site preparation.
Al Nahrain deliver cargo for oil exploration via Umm Qasr Port
Al Nahrain (Cargo Connection members in Jordan and Iraq) have delivered cargo for an oil exploration company and the Ministry of Oil in Iraq.

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