The $300-million FPSO unit was built in Singapore and will be deployed above the South Pars'. oil layer in the near future.
Read More »China Postpone Plan to Launch Shanghai Crude Futures
Asia is becoming the world'.s biggest oil consuming region.
Read More »Asian oil Refinery Margins Jump on Outages in Mideast. Asia
Several refineries in the Middle East and Asia have shut down in the past week due to fires and other technical problems.
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