Oman awards $17 mln oil storage contract to Daewoo
01.18.2010 - NEWS
January 14, 2010 [Reuters] - South Korea's Daewoo Engineering and Construction Co Ltd signed a $17.1 million contract to build a fuel storage tank for a refinery in Oman, a tender board official said on Thursday.

“The contract is for an additional fuel tank at the Mina Al Fahal refinery,” the tender official told Reuters.
The Mina Al Fahal refinery in Muscat has a capacity to process about 85,000 barrels per day (bpd) of crude oil. The other refinery located at Sohar has a production capacity of 116,000 bpd.
Oman has already issued tenders to update and expand both refineries that included the replacement of pipelines, a heat exchanger and installation of a catalyst.

Giant Canadian Green Hydrogen Project Shelved as Developer Shifts Focus to Domestic Power Exports
01.09.2026 - NEWS
January 09, 2026 [Fuel Cells Works]- World Energy GH2 has shelved its 1.2GW green hydrogen and ... Read More
Start-Up of the Steam Cracker at BASF’s Verbund Site in Zhanjiang, China
01.09.2026 - NEWS
January 09, 2026 [BASF]- BASF has successfully commissioned the steam cracker at its newly built ... Read More
ADNOC Announces Final Investment Decision for the SARB Deep Gas Development
01.09.2026 - NEWS
January 09, 2026 [ADNOC]- ADNOC today announced the Final Investment Decision (FID) for the SARB ... Read More
Equinor Awards $10 Billion Contracts to Maintain Norway’s Oil and Gas Output
01.09.2026 - NEWS
January 09, 2026 [Oil Price]- Equinor has awarded $10 billion worth of contracts to suppliers as ... Read More