Oil & Gas
Equatorial Guinea directs cancellation of CHC Helicopter contracts
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated the country’s petroleum operators to cancel all contracts with Canadian-based CHC Helicopters, due to noncompliance of Equatorial Guinea’s national content regulations
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IEA's Birol sees US playing larger role in meeting oil demand
Fatih Birol, executive director of International Energy Agency (IEA) said that the US would meet about two-thirds of global oil demand in about five years, signalling that the US producers would continue to fill the gap left by production cuts from OPEC producers and Russia
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Sonangol investigates Isabel dos Santos over allegations of "misappropriation of funds"
Sonangol, Angola's state oil company, has announced an investigation into "possible misappropriation" of funds by Isabel dos Santos, the daughter of the former president
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DNV GL introduces Phast software to predict behaviour of toxic clouds
DNV GL has introduced new software for process hazard analysis, Phast, to provide a new dispersion model for increasing accuracy in predicting movement of certain toxic clouds
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New oil and gas training centre for West Africa opens in Ghana
A new training centre for the West African oil and gas industry, valued at US$8.5mn, has opened in Takoradi, Ghana
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- Bright future for Ugandan oil and gas sector, says Siemens
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