COMPANY WATCH: Oil tanker hijacked.Bahraini/UK firms link up for Africa plays

Issue 841 - 21 Nov 2008 | 2 minute read

Saudi supertanker (VLCC) Sirius Star, carrying an estimated $100m worth of oil was hijacked by pirates off the coast of Kenya and headed towards the northern Somali coast. Bahrain’s Ebrahim Abdulaal Group of Companies (EAGC) has signed an MoU with London-based H Oil.

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