Refineries | Egypt Oil & Gas - Part 10

Oil Oversupply Not Helping Old Tankers As Originally Anticipated

As tanker owners with aged VLCC tankers were looking for an opportunity in the scrap market, in order to send their vessels for demolition, the opportunity of floating storage plays rose, giving those older ship anot ...

Kuwait Awards CB&I $60 Million Energy Infrastructure Contract

CB&I, a major energy infrastructure focused company, has won a contract valued at approximately $60 million by JGSK JV, a joint venture between JGC Corp, GS E&C and SK E&C.

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