insert_link Africa UK Court Dismisses P&ID Appeal And Upholds Nigeria’s £43 Million Award A UK court has ruled in favour of Nigeria in an appeal filed by the Process & Industrial Development or P&ID challenging a previous ruling over what currency the payment of the legal costs incurred by Nigeria in a lawsuit involving the firm would be. This follows a judgment in December last year which dismissed an award of $11 billion damages to P & ID over a failed oil and […] today16 July, 2024
insert_link Africa Nigeria offers oil blocks for bidding Nigeria has announced 17 new oil blocks for bidding by investors. It brings the total blocks on offer by the country to 36 for the 2024 oil bid round. Tesem Akende reports from Jos. today19 June, 2024
insert_link Africa Nigeria offers oil blocks to global investors Nigeria is seeking investors for 17 of its oil blocks. The government offered 12 oil blocks and 5 deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, Texas. today9 May, 2024
insert_link Namibia Diamond industry growing, despite new industry players https://youtu.be/F8LsNudVJcY By Josia Shigwedha, via News on One With emerging industries in the energy sector such as oil and gas, the diamond industry’s position as a key contributor towards the growth of the sector and economy could be at stake. But this may not be the case as the Namibia Diamond Trading Company (NDTC) Chief Executive Officer, Brent Eiseb, stated that the intake of the precious gemstones for […] today24 April, 2024
insert_link Business / Economics Namibian Local Content Conference 2024 underway at Lüderitz The Namibian Local Content Conference 2024 is currently underway in Lüderitz. The conference is tackling ways how to ensure that the country's oil and gas discoveries benefit Namibians. Minister of Mines and Energy, Tom Alweendo, said that it also presents an opportunity for the business community to contribute to the policy framework. Erik De Waal from the Development Bank of Namibia explained the types of financing that could support […] today17 April, 2024
