Norden jumps on tanker fleet expansion bandwagon
NORDEN is taking advantage of low product tanker prices by expanding its fleet for the first time since last year amid a feverish climate of tanker consolidation and fleet expansion. The Danish company declined to reveal to Lloyd’s List the details of the purchase, such as the price paid and…
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JunNOC expects production to hit one million b/d Sanalla says.
Libya oil production is on course to hit one million barrels per day (b/d) by the end of July, National Oil Corporation chairman Mustafa Sanalla said so. This would be the first time such a figure had been reached since 2013 and Sanalla cited his employee’s work ethic as the…
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