Month: December 2023
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Oil and Gas
Saipem wins contracts worth over $900 million
Saipem has secured contracts totaling €850 million, awarded for two distinct offshore projects Saipem, an offshore services provider, has clinched two significant contracts worth a combined €850 million ($910.83 million) for offshore projects in Côte d’Ivoire and Italy. The first contract, awarded by Eni Côte d’Ivoire and Petroci, involves Subsea Umbilicals, Risers, and Flowlines (SURF) services f
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Mining
Africa renews momentum for mining sector growth
From drafting new policies that attract investors to negotiating joint agreements and deals, African governments are demonstrating a renewed political will to unlock the mining sector’s potential. Bonface Orucho, bird story agency Thousands of mining stakeholders – including two presidents – in Cape Town for what is billed as the world’s largest mining investment conference have heard renewed comm
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energy and power
Coal still has a place in our energy mix
In a world that’s being battered by extreme weather occurrences due to climate change, it seems like heresy to claim that coal still has a place. The fact is that it does, but on condition we can clean up its act. South Africa’s loadshedding crisis continues to underline the importance of a stable electricity supply to keep the economy moving. At least for now, the controversial term “baseload” in
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energy and power
Mining for energy: Africa must seize the green moment
The continent should grasp the chance to develop its green minerals to its own advantage. Africa has a once-in-a-lifetime opportunity to boost its development through the massive global demand for its fabulous trove of the minerals the world needs to power a green energy transition. But will Africa seize the opportunity or let it slip – either by failing to exploit the rare minerals fully, or allo
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