Latest News for: Africa offshore

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Mainstream Renewable Power and Siemens bid in ScotWind leasing round

The Irish Times 30 Jul 2021
... in the ScotWind offshore leasing round ... Mainstream, set up by Mr O’Connor in 2008 after the sale of the Airtricity business he had developed, is undergoing a period of major expansion across Latin America, Asia-Pacific and Africa as well as in the offshore wind sector globally.
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How your unit trusts performed to the end of June

Independent online (SA) 28 Jul 2021
... in offshore markets) delivered 2.2% and 15.2% respectively, on average ... Of the offshore companies permitted to market their funds in South Africa, Fundsmith leads with 5.00 PlexCrowns, followed by Stanlib’s offshore division (4.50 PlexCrowns) and T Rowe Price (4.33 PlexCrowns).
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Schlumberger Announces Second-Quarter 2021 Results

Algeria Times 27 Jul 2021
Profitability was boosted by the seasonal recovery in the Northern Hemisphere, higher offshore and exploration activity, and favorable technology mix in wireline activity in Africa and in the Middle East ... East, and increased higher-margin offshore exploration activity in Africa.
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South Korean Network in Hot Water Over Use of Country Stereotypes During Olympics Opening Ceremony

The Wrap 25 Jul 2021
Among the images criticized by viewers was that of the destroyed nuclear power plant in Chernobyl as Ukraine's flag-bearers entered ... Italy. pizza ... At the time, the TV network introduced Cayman Islands as "famous as a tax haven for establishing offshore funds," Chad was "the dead heart of Africa" and Zimbabwe had "murderous inflation," Rashid reported.
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Creecy taken to court over oil, gas plan

Mail Guardian South Africa 24 Jul 2021
The SDCEA filed an extensive application in the Pretoria high court last month, challenging the green light Creecy has given to Eni South Africa and Sasol for their planned venture in offshore block ER236, which is off the KwaZulu-Natal coast between East London and St Lucia.
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Chinese tech, ignored by the West, is taking over Africa's cyberspace

Beijing News 22 Jul 2021
The announcement came two weeks after a former Huawei subsidiary, HMN Technologies, that was taken over by Hengtong in 2019, announced that it had started the construction of the172 km Senegal Horn of Africa Regional Express (SHARE) Cable, creating the first high-capacity direct link from Africa to the offshore islands of Cape Verde.
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Africa Coiled Tubing Market to See Huge Growth after COVID-19 Outbreak

The Sentinel Newspaper 20 Jul 2021
Ongoing and upcoming projects in offshore drilling and shale exploration & production activities offer abundant growth opportunities for the Africa coiled tubing market ... The report segments the Africa coiled tubing market on the basis of service, application and geography.
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Mainstream Renewable expands presence in Chile

Irish Independent 20 Jul 2021
Mainstream Renewable Power is expanding its presence in Chile ... By next year Mainstream expects to provide 20pc of electricity required by Chilean consumers ... Today the company is focused on expanding its pipeline of more than 13 Gigawatts of wind and solar assets across Latin America, Africa, Asia Pacific, as well as the global offshore wind sector. .
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A foreign estate requires careful planning

Independent online (SA) 19 Jul 2021
With the relaxation of South African Foreign Exchange Controls and more investors seeking to diversify risk, many are creating offshore estates ... Generally, your offshore estate would be liable for estate duty in South Africa and may also attract some death duties abroad, depending on the amount.
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Katlehong residents banded together to keep ‘The Last Complex Standing’

Mail Guardian South Africa 17 Jul 2021
Yes, there have been failures in reforming South Africa’s economy in the 27 years of democracy, with greedy capitalists shipping profits offshore while maintaining their apartheid-era economic structure, which allowed them to benefit from cheap labour ... stories in South Africa.
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A foreign estate requires careful planing

Independent online (SA) 14 Jul 2021
With the relaxation of South African Foreign Exchange Controls and more investors seeking to diversify risk, many are creating offshore estates ... Generally, your offshore estate would be liable for estate duty in South Africa and may also attract some death duties abroad, depending on the amount.
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Lamprell sees 30% materials reduction from using digital twins

Seatrade Maritime News 13 Jul 2021
Offshore marine shipyard Lamprell says that the use of digital twin technology at the design stage can reduce materials by up to 30% ... Optimal Design of Support StructuresProject GODESS - on one of Lamprell’s UK offshore wind projects ... Shipyards Offshore Middle East & Africa.
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African Eurobonds provide investors with risk-adjusted strategy

Business Day 11 Jul 2021
Pension fund investors who wish to take advantage of the additional 10% offshore allowance under Regulation 28 of the Pension Funds Act for investing into Africa can look at other instruments ... Two of the largest equity markets in Sub-Saharan Africa outside SA are Nigeria and Kenya.
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