Industry

Harsco Infrastructure is now SGB in Egypt

EG scaffs on oil rig2- harscoEgypt’s Harsco Infrastructure announced that the company has reverted to its former brand name SGB, following a change in ownership

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Crude oil prices likely to gather momentum latter half of 2015

oil barrelCrude oil prices might hit rock bottom in the first half of 2015 until a possible slowdown in US shale production counters the supply glut by OPEC’s decision to not cut output, Reuters monthly survey revealed

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Leistritz opens new office in the Middle East

Leistritz-new-office-Middle-East-SharjahBoosted by growing sales of screw pumps in the Middle East, Leistritz Pumpen GmbH, the German manufacturer of screw pumps, has opened an office in the UAE, located in the Sharjah Airport International Free Zone (SAIF-Zone)

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Kuwait seals gas oil deal with Pakistan

OIlKuwait Petroleum Company (KPC) and Pakistan State Oil Company (PSO) have finalised a gas oil supply deal for 2015

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Iraq strikes oil deal with Kurdistan Region of Iraq

Kurg-IraqIraq has signed a deal with the Kurdistan Region of Iraq to help the region increase its oil exports

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