Vopak has reached agreement in principal with First Reserve Corporation to form a strategic joint venture company for the Freeport oil terminal facility, known as Borco oil terminal, on the Grand Bahama Island (Bahamas). Vopak and First Reserve agreed that the terminal will be operated by Vopak and according to Vopak’s global operating standards and practices. In addition, Vopak will acquire a 20% interest in this terminal. The terminal will be named Vopak Terminal Bahamas and will be operated as an integral part of the Vopak global network.
News
about 18 years ago
Vopak plans strategic joint venture with First Reserve for a 3 million cubic meter terminal in the Bahamas
Vopak has reached agreement in principal with First Reserve Corporation to form a strategic joint venture company for the Freeport oil terminal facility, known as Borco oil terminal, on the Grand Bahama Island (Bahamas). Vopak and First Reserve agreed that the terminal will be operated by Vopak and
Reach the Offshore Energy industry in one go!
Offshore Energy is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow Offshore Energy on: