Ensco and Rowan Become EnscoRowan
The companies first announced their merger plans last October.
Source: Offshore
Ensco and Rowan Become EnscoRowan
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IEA Says Oil Market Tightening
Global oil markets are tightening as OPEC supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats.
Source: Offshore
IEA Says Oil Market Tightening
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Tanzania selects HID’s ID solutions for e-Visa and e-Permit services
HID Global, an identity solutions provider, has announced that the government of Tanzania has selected HID’s citizen ID solutions to add e-Visa and e-Permit capabilities to its e-Passport
Source: African Review
Tanzania selects HID’s ID solutions for e-Visa and e-Permit services
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New Cat 777G off-highway truck
Caterpillar has launched new Cat 777G off-highway truck for the mining and large earthmoving applications
Source: African Review
New Cat 777G off-highway truck
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NAS to launch ground handling and cargo services in Mozambique
National Aviation Services (NAS) has announced to provide comprehensive ground handling and cargo services in Mozambique from July 2019
Source: African Review
NAS to launch ground handling and cargo services in Mozambique
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Growth in SSA remains below three per cent: World Bank
Growth in sub-Saharan Africa has been downgraded to 2.3 per cent for 2018, down from 2.5 per cent in 2017, according to the April 2019 issue of Africa’s Pulse, the World Bank’s bi-annual analysis of the state of African economies
Source: African Review
Growth in SSA remains below three per cent: World Bank
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Williams Sells 50% Interest in Powder River Basin JV
Williams has sold its 50 percent interest in Jackalope Gas Gathering Services LLC to Crestwood Niobrara LLC for $484.6 million cash.
Source: Offshore
Williams Sells 50% Interest in Powder River Basin JV
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Aramco Sells an Impressive $12 Billion of Bonds
The debt offering is one of the most oversubscribed in history.
Source: Offshore
Aramco Sells an Impressive Billion of Bonds
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Crude Oil Crosses Threshold
The Brent posted a more impressive gain that the WTI during midweek trading.
Source: Offshore
Crude Oil Crosses Threshold
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Oil Expected to Average $76+ For the Rest of 2019
Analysts at Fitch Solutions Macro Research are sticking to their forecast for Brent crude to average $73 per barrel this year.
Source: Offshore
Oil Expected to Average + For the Rest of 2019
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