ENXTAM:VPKOil and Gas
Vopak’s Duqm Energy Hub Partnership Might Change the Case for Investing in Koninklijke Vopak (ENXTAM:VPK)
In October 2025, Oman Tank Terminal Company (OTTCO) and Royal Vopak signed a shareholder agreement to form a joint venture in the Special Economic Zone at Duqm, aiming to develop and operate large-scale energy storage and terminal infrastructure for both traditional and renewable fuels.
This move gives Vopak expanded access to one of the region's fastest-growing industrial hubs, supporting Oman's national goal to become a global logistics and sustainable energy centre.
We'll explore how...