Floating storage and regasification unit built for Indonesia-based Jaya Samudra Karunia.
Oil storage and gas processing facilities among assets included in the deal.
Kirby will acquire 270 000 bbls of storage capacity under the agreement.
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Portfolio review concludes that McDermott’s storage tanks and pipe fabrication businesses are not core to its strategic objectives.
Changes intended to improve the method by which EU states deduct the amounts of petroleum products used for non-energy applications.
EIA report finds that Iran's crude oil exports and production have declined since US announced that it would reinstate sanctions.