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Oman's Ras Markaz Crude Storage Outside Strait of Hormuz to Come Onstream Q2

Oman's Ras Markaz Crude Storage Outside Strait of Hormuz to Come Onstream Q2
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Oman's Ras Markaz crude storage outside Strait of Hormuz to come onstream Q2 | Hellenic Shipping News Worldwide

Oman’s Ras Markaz crude storage outside the strategic Strait of Hormuz will come onstream by the end of the second quarter of 2022 with an initial capacity of 26.7 million barrels, which could be later increased depending on demand from investors, state-run Oman News Agency reported Dec. 29, citing an official. Infrastructure to store crude . ....

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OQ signs deal with SABIC for petchem project in Duqm

OQ Group, signed MoU with Saudi Arabia’s SABIC to study the development of a petrochemical project in Duqm. ....

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Pact signed to explore energy business opportunities

Coinciding with the visit of the Saudi Crown Prince to the Sultanate of Oman, OQ signed on Monday a non-binding Memorandum of Understanding (MoU) with Aramco Trading Company (ATC) of Saudi Arabia to explore joint commercial opportunities in the energy sector between the two companies.The MoU was signed by OQ Group CEO Talal Hamid al Awfi and ATC CEO Ibrahim. ....

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