GE Oil and Gas has agreed to buy UK-based Allen Gears to enhance its presence in the industrial gears sector
Industry
Oman’s crude oil export jumps 9.7 per cent from January to October this year
Oman’s crude oil exports rose 9.7 per cent to 251.7mn barrels during the first ten months of 2013 as compared to 229.5mn barrels in the corresponding period last year, National Center for Statistics and Information (NCSI) revealed
Honeywell to provide integrated services for Kuwait’s new refinery
Honeywell has announced that it has been selected by Kuwait National Petroleum Company (KNPC) to provide integrated control and safety system (ICSS) for its new 615,000 bpd Al Zour Refinery complex
Egypt receives US$2.48 billion fuel aid in four months
Egypt has received fuel worth US$2.48bn from Saudi Arabia, the UAE and Kuwait since July this year till the end of November, according to an unnamed Egyptian government official
ExxonMobil to sell its stake in Iraqi oilfield
ExxonMobil will sell over half of its 60 per cent stake in Iraq’s West Qurna-1 oilfield project to PetroChina and Pertamina, company sources announced
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