Gulf Oil and Gas accountACCOUNT

Vopak and Zamil Group Sign MOU to Develop JV

Source: www.gulfoilandgas.com 12/23/2009, Location: Middle East

Royal Vopak of the Netherlands and the Zamil Group of Saudi Arabia announce the signing of a Memorandum of Understanding between both companies, expressing their intention to develop a joint venture company for the Middle East and North Africa (MENA) region. This joint venture aims to develop independent bulk liquid and liquefied natural gas terminal facilities across the MENA region, in order to provide tank storage services to the oil and chemical majors, trading companies and natural gas suppliers. This is a further step in both companies’ growth strategy in this important and rapidly expanding market.

The MENA area is one of the world’s foremost locations for oil and petrochemicals. The next stage of the region’s development will be the large scale manufacture and distribution of intermediate and specialty chemicals and high quality oil products. The production of these value added goods is expected to generate new growth in the industrial base of the Middle East. Vopak and Zamil Group believe that developing world class independent bulk liquid storage terminals at strategic locations will be a significant contributing factor in providing the high quality logistic services required for the region’s continuing development.

Oil & Gas Companies News in Saudi Arabia >>

Saudi Arabia >>  8/22/2019 - Consortium of L&T Hydrocarbon Engineering Limited (LTHE) and EMAS AMC PTE Ltd. (A Subsea7 Company) has been awarded a project by Saudi Aramco. This ...
United Arab Emirates >>  8/21/2019 - Aker Solutions has won an order from ADNOC (Abu Dhabi National Oil Company) to deliver subsea umbilicals for the Dalma gas development project located...

United Arab Emirates >>  8/21/2019 - The Abu Dhabi National Oil Company (ADNOC) announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives...
Qatar >>  8/15/2019 - Seadrill Limited (Seadrill) refers to the announcements made on May 1, 2019 in connection with the award of drilling contracts by Qatar Petroleum to ...

Oman >>  7/31/2019 - BP and Eni have signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sul...
United Arab Emirates >>  7/31/2019 - OMV, the international integrated oil and gas company based in Vienna, and ADNOC, the Abu Dhabi National Oil Company, closed the strategic equity part...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.