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Arnlea Systems has been awarded a contract to carry out inspection services for African-focused Tullow Oil Plc.The Aberdeen-based asset manager is to use its hazardous area inspection system, Intrinsix Ex, to carry out inspections on two floating production, storage and offloading vessels hired by Tullow Oil.
The two vessels are to be used on the Jubilee and Ten fields offshore Ghana.Arnlea...
The Nigeria National Petroleum Corporation (NNPC) has reduced the official selling price of Nigeria’s crude oil grades as parts of moves to make the country’s crude oil attractive to buyers and help recover its share of the global crude oil market.
According to a report by Bloomberg, the NNPC lowered its official selling prices for 20 out of 26 oil grades by at least $1 a barrel. It...
Nearly 2,000 households in the communities of Bango, Ngallèle, Sinthiane and Khar Yalla in Senegal have been ordered by Saint-Louis’ prefect Mariama Traoré “to cease all activities and vacate their homes without delay,” PressAfrik said.
“The prefect’s decision might leave about 2,000 families homeless. The official claims the concerned families live illegally on the lands from which...
Qatari company Ghanem Lehdeiffi will spend $16 million to build a huge residential tourism complex in Nouakchott, Mauritania’s capital, Mauritanian website ami.mr revealed.
The complex which will cover 25 hectares will comprise 2 hotels with 386 posh residences, malls and game rooms.
This complex will positively impact hospitality and tourism in Mauritania, said El Khalil Ould Mohamed...
Japanese firm Koyo Corporation which operates in the renewable energy sector plans to establish in Dar es Salaam, Tanzania’s capital, an assembly unit for power equipment.
The subsidiary company which will be named Koyo Bussan Tanzania Limited will, according to its developers, boost access to photovoltaic solar energy in the country. “Koyo brings state of the art technology in renewable...
Japanese banking group Mitsubishi UFJ Financial Group plans to open new offices in Morocco and Kenya to better support the investments of Japanese companies in Africa, Bloomberg revealed earlier today, October 20, citing a person with knowledge of the matter.
Though the source which asked not to be identified said Japan’s largest has begun studying the option to open offices in the two...
Guinea opens a new container terminal on October 19 at the Kamsar port to export bauxite output from the mine owned by Emirates Global Aluminum (EGA) through its local subsidiary, Guinea Aluminum Corporation. The terminal will also be used by other parties as an alternative to the Conakry container terminal.
EGA’s bauxite project is born of a $5 billion contract between Emirati Mubadala,...
In Kenya, over1.3 million people are facing food insecurity as a result of drought which causes pasture and water shortage which in some cases lead to deaths of livestock.
“If the imminent short rains season is also below average, as the forecast suggests, then not only will these areas deteriorate to the alarm or even emergency phase, but drought stress will deepen in many other arid and...
French automobile group PSA Peugeot-Citroën is about to launch a car adapted to Africa’s roads and weather conditions, La Tribune Afrique reported on October 17.
Conceived based on a 406 improved model, the new car will serve drivers from Africa where asphalt roads are often only in main metropolises and few strategic axes, said the site which cited no sources.
The Africa-adapted Peugoet...
Botswana-based multinational ecotourism company Wilderness Safaris has successfully raised Sh3.5 billion ($35 million) bilateral loan to buy an ecotourism firm in Kenya, news website Businessdailyafrica reported on October 19, 2016.
“In addition to reinvestment into flagship properties in Botswana and Namibia, the proceeds of this loan will be used for expansion across African markets such as...