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LAGOS-Nigeria, May 11 --- The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2021 edition of its Nigerian Oil and Gas Opportunity Fair (NOGOF) from the 25 to 26 of May 2021. The event, themed “Leveraging Opportunities and Synergies for Post Pandemic Recovery of the Nigerian Oil and Gas

How did your upbringing shape your attitude towards money? I came here when I was three months old, the youngest of three siblings. A middle-class family, money wasn’t the most important aspect growing up. We led a simple life, played outdoors for entertainment. The importance of sharing and good values was instilled in us. My father came as a factory worker in the late 1970s. He worked at Daewoo and moved onto his own businesses. Dubai’s economy picked up, he had a great mind and, as an en...

Article by Social Share ST JOHN’S, Antigua – Three former government ministers, including the leader of the main opposition United Progressive Party (UPP), Harold Lovell, will re-appear in the High Court on June 14 on charges relating to the donation of three buses to the Antigua and Barbuda government. Apart from Lovell, the otters charged are former education minister Dr Jacqui Quinn and former deputy prime minister Wilmoth Daniel. They are accused of corruption, conversion and embe...

Share this article Eneti Inc. on Tuesday revealed plans it has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel (WTIV), as well as “advanced discussions” with U.S. shipbuilders for the construction of a similar Jones Act-compliant vessel. The binding construction agreement was signed with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for a price of $330 million and delivery in early Q3 2024. Included is an option for ...

Eneti orders mega jack-up for 20 MW wind turbines May 12, 2021, by Adnan Durakovic Eneti Inc., formerly Scorpio Bulkers, has entered into a binding agreement with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) for the construction of one wind turbine installation vessel (WTIV). Illustration. Source: Eneti The contract price is US$ 330 million and the vessel will be delivered in the third quarter of 2024. In addition, Eneti holds...

Bus conversion matter to be called in High Court today Spread the love The bus conversion saga involving former finance minister Harold Lovell and two of his former United Progressive Party (UPP) colleagues, Dr Jacqui Quinn and Wilmoth Daniel, will come up before a High Court judge this morning, when the trio will enter their plea. The three former cabinet ministers are accused of corruption, conversion and embezzlement in relation to three Daewoo buses worth over $600,000 that had been donated...

File Photo: Scorpio Bulkers Offshore wind installation company Eneti Inc, until recently known as Scorpio Bulkers, has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel. The vessel will be built by South Koreas Daewoo Shipbuilding and Marine Engineering. The company also said it was in talks to build another offshore wind installation vessel for the U.S. offshore wind market. As for the first vessel, ordered from DSME, it will cost $330 million and th...

Eneti has entered into a binding agreement with Daewoo Shipbuilding and Marine Engineering for the construction a turbine installation vessel. The $330m (€272m) contract with Daewoo is for a NG-16000X design by GustoMSC, and includes a 2600-tonne Leg Encircling Crane from Huisman Equipment. The vessel is capable of installing up to 20MW turbines at depths of up to 65 metres of water, and it can be adapted to operate on the alternate fuels of LNG or Ammonia. It will be delivered in early Q3, ...

Ford Romanias chief reckons she can ride a bike faster than the trains that transport cars from the factory. Freight trains which carry cars from the Ford plant in Craiova, southern Romania, to western Europe frequently need about 26 hours to travel the 400km (250 miles) to Romanias western border with Hungary. Then, they spend another nine hours on border control because Romania is not part of Schengen. This generates high costs for the carmaker, romaniainsider.com reported . "The average s...

  On Monday, President Emmerson Mnangagwa joined other regional leaders at the official opening of the new US$260 million Kazungula Bridge on the Botswana-Zambia border. Apart from the presidents of Botswana and Zambia, the event is also being attended by the leaders of Mozambique and the DRC. Other presidents are represented. While commissioning a road project at Makuti last week, Mnangagwa said Zimbabwe was now involved in the project. However, here is a timeline of how Zimbabwe actually los...