The UK’s leading trade association for oil and gas supplies and services on Thursday concluded its first mission to the Kurdistan Region. Dr Ashti Hawrami, the Kurdistan Regional Government’s Minister of Natural Resources, met ...
Tags: KRG, Hawrami, UK Energy Delegation
A senior Turkish government official has told the Hürriyet Daily News that the Turkish government will continue to encourage Turkish energy companies to sign more agreements with the Kurdistan Regional Government, despite what it ...
Tags: oil, gas, Investment
Sulzer Pumps Ltd and FMC Technologies, Inc. strengthened their existing relationship through the signing of a long-term and exclusive collaboration agreement. This agreement addresses the supply of pumps for subsea applications and the ...
Tags: Sulzer Pumps, FMC Technologies, Collaboration Agreement, Subsea Pumps
Property and casualty underwriter ACE Group has started underwriting energy risks through Syndicate 2488 at Lloyd’s of London in an effort to expand its global portfolio. The initiative represents the company's commitment to boost ...
Tags: ACE Group, energy risks, Lloyd
Gulf companies are investing in several South East Asian petrochemical projects due to the rising demand for petrochemical products in the region. The Qatar Investment Authority (QIA) plans to commit US$ 5 billion investment in the ...
Tags: Gulf companies, South East Asian, petrochemical projects
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
Tags: BP, financial results, fourth quarter
Aquatech, the wastewater treatment recycle and reuse company, has been granted a permit to operate a central treatment facility in Tioga County, Pennsylvania, USA. The facility, designed using Aquatech’s MoSuite™ set of ...
Sulzer achieved order intake and sales of over CHF 4 billion in 2012. Profitability remained stable in the double-digit range. The company continued to focus on customer partnership and profitable growth. Driven by the major pump ...
Tags: Sulzer, pump acquisition, pump
Excluding $51 million in pre-tax transaction charges and a net $69 million tax benefit related to certain U.S. foreign tax credits in the fourth quarter of 2012, net income was $638 million, or $1.49 per fully diluted share, down two ...
Tags: tax credits, transaction charges, US
Advanced surface coating specialist Hardide Coatings has secured a grant of up to £250,000 under the Technology Strategy Board’s ‘Smart’ scheme to commercialize a novel coating that will enable a new generation of ...
Tags: surface coating, Hardide Coatings, Technology Strategy Board
The Los Angeles, California-based Occidental Petroleum Corp. has proposed setting up of a new ethylene plant in Texas. In its application to the US Environmental Protection Agency (EPA), Occidental said the construction for the plant ...
Tags: ethylene plant, oil, gas
A recent study highlighting the net economic benefits of US liquefied natural gas exports is not the final word on whether to approve pending export applications, according to a top official at the US Department of Energy. "One thing to ...
Tags: net economic benefits, US, liquefied natural gas, DOE
WILMINGTON, Mass. — January 28, 2013 — UniFirst has expanded its proprietary line of flame resistant (FR) workwear with its new Armorex COOL work shirts and coveralls. These new safety garments are made of an innovative, lighter ...
Reportedly, Canada’s Essar Steel Algoma predicts the North American plate market will improve over through 2013. Currently, the market demand for the current quarter is slightly less than what we saw the previous year but pricing ...
Tags: plate market, Steel, sheet products
People with management, testing and development skills are likely to see the greatest pay rises this year, according to a report. The latest Global Salary Survey, by specialist recruitment consultancy Robert Walters, was confident hiring ...
Tags: niche skills, Hot tech, commerce skills