The Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria Liquefied and Natural Gas Limited (NLNG) is expecting a delivery of four Dual Fuel Diesel Electric (DFDE) vessels by the end of 2015. While speaking at the ship launch in Ulsan, Korea, the Vice President BGT and Managing Director of NLNG, Babs Omotowa (photo) revealed that the company had ordered for six vessels which were built by...

In Liberia today, ExxonMobil has announced plans to commence drilling on Block 13 situated off the coast of Margibi & Grand Bassa. The company had signed for Block 13, in 2003 but due to the Ebola epidemic in the country, it had put the project on hold. The Ebola epidemic had killed 4,800 people in Liberia and also discourage investors. The country was affirmed to be free from Ebola in...

Liberia on Thursday announced that it is on the verge of concluding agreement with Kosmos Energy Ltd for the lease of Block 6 and 7. According to the National Oil Company of Liberia (NOCAL) the negotiation for the two blocks initially awarded to Hong Kong Tongtai Petroleum International Corp., might go to Kosmos. The Product Sharing Contract (PSC) between NOCAL and Kosmos, is awaiting review...

The West African railroad loop project recently launched by French group Bolloré could be derailed. Indeed: French engineering company Geftarail filed a petition, on 5 November, at the International Court of Arbitration of the International Chamber of Commerce to request the immediate cessation of the works, which started in Niger and Benin, according to information revealed on 12 November by...

The mobile network operator Méditel, subsidiary of French telecom group Orange, signed an agreement with M2M group, specialised in the conception and development of data cloud management and secured electronic transactions solutions. Through this partnership, both companies will put in place joint workshops for the creation of packages and offers targeting connected devices. The partnership...

The subscribers of mobile telephone operator Orange have again been called, through many Facebook pages created to denounce the bad quality of service of the company, to boycott its products and services on 12 November 2015. If they cannot prevent the use of their chip either for work, or to answer in potential emergency situations, the organisers of this Orange boycott day are asking the...

In Geneva, Sotheby's auctioned the most expensive jewel in the world to a Hong Kong buyer. The sale set a record for price per carat (over €4 million per carat). "This is a record price for a precious stone and per carat", David Bennett, Global President of the international jewellery department of Sotheby's. The 12-carat blue stone was discovered in January 2014 by Petra Diamonds Ltd in...

The world demand for gold reached 1120.9 tons during the 3rd quarter 2015, an increase of 8% compared to the same period in 2014, according to a report from the Gold World Council (GWC) published on 12 November. The increase in the demand is mainly justified by the low price levels for this precious metal during the period under review, the organisation which gathers the main world gold...

French Sunna Design and Lendosphère are offering an original solution for electrification based on solar power. It is indeed a micro-network capable of powering four households, which draws energy from a solar streetlamp used at the same time to provide light for the area surrounding the supplied households. Sunna Design who engineered this equipment developed jointly with CEA-INES, the first...

Africa will be the first region in the world to consolidate its development on renewable energies. "I am very excited about this. In the world energy history, other regions were developed mainly on coal. But in Africa, we have great chances of seeing for the first time an economic growth based on clean energy" Fatih Birol, President of the International Energy Agency, declared during the launch...