Oiltanking increases its shareholding in the Star Energy Oiltanking terminal in Jebel Ali, Dubai, to 50%
09.07.2009 - NEWS
The Oiltanking Group is pleased to announce that it has increased its shareholding in the Star Energy Oiltanking Terminal (SEOT) from 25% to 50% to further cement its joint venture with the Abu Dhabi based Star Energy Group.

The state-of-the-art terminal at Jebel Ali at present has a capacity of 857,000 cubic meters that caters for a wide range of clean petroleum products. Its strategic location and dedicated deepwater berths make it an ideal hub for make and break-of-bulk within the Middle East, the Indian subcontinent and East Africa, as well as for consolidation of cargoes bound for destinations in Europe, the US and within Asia.
Coupled with Dubai’s excellent on-shore infrastructure, the terminal provides safe, swift and cost efficient turnarounds. It is located within the Jebel Ali Free Zone, allowing products to be stored free of duties and taxes.
The Star Energy Group also is a joint venture partner to Oiltanking in the bulk liquids storage terminal of 842,500 CBM for petroleum and chemical products located in the Port of Sohar, Oman. Both Groups will be jointly developing new business opportunities in the field of bulk liquid storage and terminal facilities in the region.

ADNOC Gas Q4 2025 Net Income Decreases 15% to $1.2bn
02.10.2026 - NEWS
February 10, 2026 [Offshore Technology]- ADNOC Gas has reported a net income of $1.17bn for the f... Read More
AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More