LONDON, February 08, 2024 E.A. Gibson Shipbrokers Ltd (Gibson) and Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) have signed a Memorandum of Understanding to collaborate in the development of the Oil and Gas facilities at the Sipitang Oil and Gas Industrial Park (SOGIP), Sabah, Malaysia.
/PRNewswire/ The shipbroking market size is set to grow by USD 244.12 million from 2022 to 2027 progressing at a CAGR of almost2.95% during the forecast.
Iran Has Huge Hoard of Floating Oil to Clear When Sanctions Lift
May 26 2021, 5:20 AM
May 25 2021, 6:05 PM
May 26 2021, 5:20 AM
(Bloomberg) Hereâs something to watch out for when and if U.S. sanctions on Iran are lifted: a tens-of-millions-of-barrels stash of oil floating on tankers, just waiting to go to buyers.
(Bloomberg) Hereâs something to watch out for when and if U.S. sanctions on Iran are lifted: a tens-of-millions-of-barrels stash of oil floating on tankers, just waiting to go to buyers.
The Persian Gulf country may be holding as much as 69 million barrels at sea, according to estimates from E.A. Gibson Shipbrokers Ltd., a London-based broker that traces is history back to the 19th century. It is hard to be sure exactly how big the floating stockpile really is because itâs unclear exactly how many ships are being used and how full they are, said Richard Matthews, the firmâs head of research.