Global management consulting firm A.T. Kearney has predicted that there will be a significant increase in mergers and acquisitions (M&A) in the oil and gas sector for 2015 as a result of oil prices falling below US$50
Industry
Alderley FZE appoints new sales manager for Iraq
Oil and gas engineering company Alderley FZE has announced the appointment of Ra’ed Muayad Mahdi as sales manager to support the company’s business and clients in Iraq
‘Qatar among best GCC nations to tackle oil price drop’
Qatar is one of the ‘best placed’ GCC countries to weather the current fall in oil prices, PwC announced in its new report and has forecasted the country’s real GDP to grow by 6.5 per cent in 2015, and average around 6.2 per cent a year between 2016 and 2019
Gulf Petrochem to start bunker operations at UAE port
UAE-based global bunker supplier Gulf Petrochem has announced that it will begin offering bunkers at the port of Khor Fakkan
Harsco Infrastructure is now SGB in Egypt
Egypt’s Harsco Infrastructure announced that the company has reverted to its former brand name SGB, following a change in ownership
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