Latest News for: Africa offshore

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IIT Madras Professor On How Zanzibar Campus Will Help Global Students

NDTV 27 Sep 2023
In an interview with NDTV, Preeti Aghalayam, Dean of School of Engineering and Science and Director-in-charge, Zanzibar campus, IIT Madras shares insights on the upcoming offshore campus in Africa's... .
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NIGERIA ON THE PATH TO GREATNESS AGAIN

This Day 26 Sep 2023
In spite of the internal challenges we may be facing today, the world is waiting for Nigeria, not just as Africa’s most populous country, but also as its largest economy and democracy ... Apart from accounting for over 65% cargo in West Africa, our oil production mainly takes offshore.
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TotalEnergies exercises option on Vantage drillship

Splash24/7 25 Sep 2023
Vantage Drilling has seen a second priced option exercised on its drillship working offshore West Africa.
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Maersk Supply Service wins subsea vessel contract extension in Angola

Splash24/7 25 Sep 2023
In addition to Maersk Involver, the Danish offshore energy contractor has four ships trading in Africa, the 2003-built ...
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Maritime Business Chamber appeals for bunkering services to be saved

Independent online (SA) 24 Sep 2023
Offshore operations do not put pressure on the limited port infrastructure capacity and also attracts shipping traffic that would ordinarily have bypassed South Africa.
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Trend Micro Partners INTERPOL to Fight African Cyber Crime Networks

This Day 23 Sep 2023
Global cybersecurity leader, Trend Micro Incorporated, has announced that its close cooperation with INTERPOL on the organisation’s Africa Cyber Surge II operation has led to the identification of more than 20,000 suspicious cybercrime networks across 25 countries on the continent ... But it would be a mistake to underestimate cybercriminals in Africa.
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Offshore wind industry poised for growth,but economic pressures & tech innovation need to be managed

Business Ghana 22 Sep 2023
While no offshore wind farms exist in Africa and the Middle East at present, several countries such as Morocco, Egypt, South Africa, and Kenya are exploring the potential to harness offshore wind into their energy mixes. South Africa's high demand for energy, advanced ...
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PetroSA targets getting electricity power generation project off the ground

Independent online (SA) 21 Sep 2023
She said the development of South Africa’s gas resources offshore and onshore needed to be tackled in a holistic fashion, considering, for instance, the infrastructure already in place and whether it was being adequately utilised, and what role the existing infrastructure could play in the transition.
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SA listed property: Key considerations when investing

Independent online (SA) 21 Sep 2023
Approximately 43% of the revenue of the FTSE/JSE SA Listed Property Index is generated from outside South Africa. The sector’s dividend yield and return are derived from local and offshore revenue streams ... Given the difficult headwinds facing businesses and consumers in South Africa, caution remains essential for investors.
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Saudi PIF-backed ADES prices IPO at top end, implying over $4 billion valuation

Gulf News 20 Sep 2023
Riyadh ... Reuters reported last week that the IPO was expected to be priced at SR13.50 a share, the top-end of a previously announced range ... Read more ... Institutional book-building has closed ... Headquartered in the eastern Saudi city of Khobar, ADES operates a fleet of offshore and onshore rigs across the Middle East, North Africa and India ... .
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Saudi PIF-backed ADES prices IPO at top end, implying over $4 bln valuation

Reuters 20 Sep 2023
Reuters reported last week that the IPO was expected to be priced at 13.50 riyals a share, the top-end of a previously announced range ... Institutional book-building has closed ... 26-28 ... 4 ... Headquartered in the eastern Saudi city of Khobar, ADES operates a fleet of offshore and onshore rigs across the Middle East, North Africa and India ... Our Standards ... ago.
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South Africa needs a ‘war room’ to expedite oil and gas projects

Independent online (SA) 15 Sep 2023
She said that the Petroleum Agency for South Africa (PASA) estimated South Africa potentially held 27 billion barrels of oil and 60 ... Dr Sayidini said apart from the estimated 60 trillion cubic feet of gas (tcf) offshore of South Africa, there were also some 200tcf of gas onshore.
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Southern Africa to benefit from big oil and gas deposits in Namibia

Independent online (SA) 14 Sep 2023
Massive” offshore oil and gas discoveries in Namibia over the past two years would be important for South Africa, the region and for the continent, and some of the oil reserves also extend into South African waters, Mineral Resources and Energy Minister Gwede Mantashe said yesterday.
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Anchor Capital to expand offshore as generational wealth leaves SA

Independent online (SA) 14 Sep 2023
Anchor said while wealth was fairly stable for now in South Africa, the generational wealth would be transferred overseas as kids of the wealthy were moving offshore, aka emigrating ... Anchor looked after its wealthy clients' offshore money from South Africa ... In that scenario, the money was gone from South Africa.
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FX and CFDs Brokerage Licences: To Buy or Apply?

Finance Magnates 14 Sep 2023
In terms of offshore licences, Mauritius, Seychelles and Bahamas seem to be the most sought after, and South Africa also seems to be gaining popularity if you are looking to target the African continent.” ... Onshore vs Offshore ... South Africa is cheaper still at approximately $120,000-$200,000.”.

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In this photo released by Azerbaijan's border guard service on Wednesday, Sept. 27, 2023, Azerbaijan's border guard officers pose with detained Ruben Vardanyan, center, in Nagorno-Karabakh. Azerbaijan says it has detained the former head of Nagorno-Karabakh's separatist government as he tried to cross into Armenia following Azerbaijan's 24-hour blitz last week to reclaim control of the enclave. The arrest of Ruben Vardanyan was announced by Azerbaijan's border guard service.
AP / Azerbaijan's border guard service via AP
File - Donald Trump speaking with attendees at the 2023 Turning Point Action Conference in West Palm Beach, Florida
Creative Commons / Gage Skidmore https://creativecommons.org/licenses/by-sa/2.0/deed.en
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