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Prominent business leaders join Dubai Chamber’s Global Business Forum (GBF) Mentorship Program

Business leaders from the UAE and Africa to mentor high-potential startups as they build their businesses and target new market opportunities; announcement comes ahead of the 5th Global Business Forum on Africa, taking place on November 18th-19th 2019 in Dubai; first-of-its-kind mentorship program aims to foster cross-border cooperation between UAE and African …

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The OFID launches new strategy, sets sights on sustainable growth and maximum development impact

The OPEC Fund for International Development (OFID) and its highest policy-making body, the Ministerial Council, held its 40th Annual Session in Vienna, Austria, has approved the general principles of OFID’s new Strategic Framework. The new strategy affirms OFID’s commitment to providing support to developing countries, especially low income countries in …

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TechnipFMC Awarded a Large Integrated EPCI (iEPCI™) Contract for the Eni Merakes Field Offshore Indonesia

TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI™) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters. This contract covers five deepwater wells, and their 50-kilometer tie back to the existing Jangkrik Floating Production Unit …

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41Billion Barrels of Crude Oil Remain Untapped – Baru

Dr. Maikanti Baru ,The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has stated that more than 41 billion barrels of crude oil and 319 trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa. The NNPC GMD stated that from available information, the African …

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ExxonMobil Grants to Support Women Entrepreneurs / She Counts Program

ExxonMobil said today that it will provide about $5 million in grants to support local and global organizations dedicated to empowering women economically. The announcement, made in association with International Women’s Day and   the company’s Women’s Economic Opportunity Initiative,  underscores ExxonMobil’s support for efforts to advance women economically, encourage …

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Distinguished Achievement Award Recipients Named for the OTC Golden Anniversary Gala Dinner 2019

The 2019 Offshore Technology Conference (OTC) will recognize Carlos Mastrangelo with the Distinguished Achievement Award for Individuals and the ExxonMobil-operated Hebron Offshore Project with the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions. Recipients will be awarded at the 2019 OTC Golden Anniversary Gala Dinner being held Sunday, 5 May …

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