Company Profile

Description:

Magnus Energy Group Ltd. is an investment holding company. The Company is focused on building the oil and gas equipment distribution business. Its segment includes oilfield equipment supply and services; wastewater treatment; renewable energy; engineering, procurement, construction and commissioning (EPCC) services; drilling services; and investment holding. The oilfield equipment supply and services segment involves the sales of various types of drilling equipment and components, personal lifting baskets, valves for oil and gas rigs and pipelines. The Company's wastewater treatment segment involves the sale of water treatment systems to handle produced water in the oil and gas industry. The EPCC services segment involves project works such as refinery refurbishment, construction of new refineries, oil terminals, chemical plants, solar and wind farms. Its drilling services segment involves provision of drilling services for mineral mines, coal mines and oil and gas fields.