Midstream

$100m Ghana Gas choppers deal stinks

$100m Ghana Gas choppers deal stinks

A government sanctioned forensic audit has revealed that the acquisition of helicopters worth over $61 million by Ghana National Gas Company (GNGC) caused financial loss to the state because the choppers were never utilized. The four Z-9EH helicopters bought from...

Quantum Power and Golar LNG sign agreement

Quantum Power and Golar LNG sign agreement

Quantum Power, the pan African energy and infrastructure industrial investment platform, on Sunday said its subsidiary, Quantum Power Ghana Gas project, has signed a collaboration agreement with Golar LNG. The agreement contemplates that should the project reach the...

Shell to spend $30bn on share buybacks and dividends

Shell to spend $30bn on share buybacks and dividends

Oil company takes advantage of higher oil prices and improved performance to reward investors. Shell has committed itself to spending over $30bn (£17.7bn) buying back its shares and handing out higher dividends over two years. The promise came as the Anglo-Dutch...

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