Latest News for: African offshore

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THE TRIALS AND TRIUMPHS OF BUSINESS WUNDERKINDS

This Day 05 Oct 2022
Since the establishment of UTM Offshore in 2012, Rone’s dedication has enabled the firm to expand dredging, marine, offshore support and construction services across Nigeria and the West African region ... With UTM Offshore planning to take a final investment decision on the $5 ...
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Element Africa: Diamonds, oil, coltan, and more diamonds

Mongabay 04 Oct 2022
From oil to diamonds, offshore prospecting looms over South African fishing town DORINGBAAI, South Africa — On Sept ... South Africa’s territorial waters have recently become a target for offshore prospecting.
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India makes strong pitch to US firms for investing in oil and gas production | Mint

Live Mint 02 Oct 2022
India’s unique geology offers attractive opportunities especially in unexplored offshore areas, he said, adding the country has several analogous basins where oil and gas discoveries are proven and operations have been undertaken ... is and Kutch similar to East African rift.
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Hybrid offshore pensions are not immune to tax

Independent online (SA) 27 Sep 2022
People send money offshore for a variety of reasons, many of which are sensible ... SARS has tightened up on taxing South Africans on their offshore investments ... offshore pension trusts are being marketed to South Africans for tax and estate planning benefits that may have applied in the past, but do not apply any more.
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Arming Cyprus is the next step to deterring Putin and Erdogan

The Hill 27 Sep 2022
The increasingly contested region hosts massive offshore energy discoveries and sits at the intersection of the chaotic European, Middle Eastern and African theaters ... As the region becomes increasingly contested because of offshore natural gas discoveries and as an epicenter of global strategic competition, Cyprus is an important U.S.
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A proposed wealth tax could drive a huge amount of wealthy and skilled South Africans out

Independent online (SA) 24 Sep 2022
The looming threat of an additional ‘wealth tax’ in South Africa to fund a universal basic income grant will further erode the country’s tax base, as wealthy South Africans move to emigrate or offshore their assets to avoid higher taxes ... What South-Africans lose when adopting foreign citizenship.
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UK junior bids to land licence for West African offshore field

Upstream Online 22 Sep 2022
A UK company has submitted an offer to acquire a promising licence offshore Benin that holds a potentially commercial oil and gas discovery ... Editor's note ... .
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Nigeria-Morocco, Others Sign Deal to Commence World’s Longest Offshore Gas Pipeline

This Day 16 Sep 2022
The Nigerian National Petroleum Company Limited (NNPCL) and the National Office of Hydrocarbons and Mines of Morocco (ONHYM), yesterday, penned a deal that kicked off the world’s longest offshore gas pipeline ... the standard of living of countries within the African continent.
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Morocco, Nigeria agree on project to pipe gas to West Africa and Europe

France24 16 Sep 2022
Nigeria and Morocco sign a deal to build the world's longest offshore gas pipeline. When it’s completed in over 20 years’ time, it will connect 15 West African nations and eventually lead on to Europe's shores ... .
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South African govt coffers could get over R8bn a year from TotalEnergies field – regulator

Mining Weekly 15 Sep 2022
TotalEnergies' 11B/12B offshore field could make a direct annual contribution of at ...
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NNPCL Set to Sign 7,000km Gas Pipeline Contract with Morocco, West African Countries

This Day 14 Sep 2022
... the National Office of Hydrocarbons and Mines of Morocco and the commission of the Economic Community of West African States (ECOWAS) ... It runs across 11 West African countries and is said to be the longest offshore pipeline in the world and second-longest pipeline in the world.
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TotalEnergies Grabbing Production Rights On South African Block

Rigzone 08 Sep 2022
TotalEnergies and its partners in a South African offshore block have filed an application for a production right to the country's Petroleum Agency ... .
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Hurricane Earl strengthens, forecasters watch 3 other tropical systems

Tampa Bay Times 08 Sep 2022
Bermuda will start to feel the effects of Hurricane Earl on Thursday as the storm continues to make its way north, forecasters say ... Forecasters are watching two other systems — one in the eastern Atlantic, the other on the African coast ... A tropical wave off the African coast is expected to emerge offshore into the eastern Atlantic Thursday ... SELF-CARE.
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Forecasters watch Earl and Danielle, tropical storm watch issued in Bermuda

Tampa Bay Times 07 Sep 2022
None of the storms are currently a threat to Florida or the United States, models show ... 8 AM WED UPDATE ... Forecasters are watching two other systems — one in the eastern Atlantic, the other on the African coast ... A tropical wave off the African coast is expected to emerge offshore into the eastern Atlantic by the end of the week ... IT'S STORM SEASON ... ....

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