Both facilities will be repaid from an allocation of 30,000 barrels per day of NPDC’s crude oil. UBA has a strong track record in the resources sector across Africa, having facilitated oil prepayment deals with the NNPC, including its 2013 $100 million participation in the PXF Funding Limited transaction, and a further $60 million in...
Perenco will pay between $ 290 million and $ 350 million (over CFA 162 and 195 billion), depending on future Brent prices. However, nothing has been decided yet as the agreement is subject to the approval of the Gabonese government. The sale covers four fields in the Grondin region: Grondin, Gonelle, Barbier and Mandaros. The...
According to Adolphe Moudiki, during the 40 years of its existence, the structure which he directs today has also contributed to numerous projects: “SNH has successfully led innovative projects of international scope, in particular for the establishment of the Chad / Cameroon pipeline, or even, for the commissioning of the world's first floating natural gas...
“The situation of Total Gabon is strongly marked by the Covid-19 pandemic. The work we have today at Total Gabon, there are two main priorities. The first is to protect the health of employees and all of the company's contractors. The second priority is to maintain production at all sites, "Nicolas Terraz explained after his...
“Taking note of the management constraints faced by the RTC and drawing lessons from these first six months of operation of the terminal in accordance with government guidelines, the board of directors decided to reorganize the RTC and extend its duration by 3 years renewable as of January 1, 2021, ” Shey Jones Yembe said,...
The Covid-19 health crisis affects all levels of our society and has a strong impact on the most vulnerable. With the MTN Hope campaign, we are working together to bring more hope to the population by helping them face the socio-economic consequences of this pandemic. In the current circumstances, one million can change a life,...
As part of the barrier measures, areas protected against bad weather have been set up in front of our branches to allow customers to wait for their turn of duty in better conditions, since the counters could only accommodate a limited number of people to comply with physical distancing. Obviously, hydro alcoholic gels, thermoflash, are...
During this first part of 2020, "20.80 million barrels of crude oil passed through the Chad-Cameroon pipeline. During the same period last year, 19.86 million barrels were transported, " the statement from the CPSP read.
He joined Finnish power plant manufacturer Wärtsilä, which was setting up a subsidiary in central Africa, as area business controller. He realised, though, that to sit at the top table it was ‘essential’ to gain membership of a professional accountancy body. He chose ACCA. Soon after completing the qualification, he was promoted to regional business...
