Technology

Fullstream future: The GE/Baker Hughes merger

Selected Major Oil Gas MA Activity 1990 2016Douglas Westwood look at the merger and acquisition activity cycles in the oil and gas industry, specifically analysing the latest GE and Baker Hughes acquisition 

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Red Wing finds market for innovative safety clothing in tough times

Red wing shoesPaul Olson, managing director of Red Wings Shoes for the Middle East, Asia, Africa, Russia and CIS, was upbeat about the company's prospects when he was interviewed at the ADIPEC conference in Abu Dhabi

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'Nimble' Friburge makes the most of low oil prices

12958217494 86a73d58e1 z 1The oil and gas industry downturn has created opportunities for Friburge, an Angola-based services company

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Continental Reinsurance PLC make sizable gains in Q3 2016

FemiGross premium income at the end of the quarter was US$55.5 mn, up from US$47.8 mn in 2015 representing a 16 per cent growth

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Upstream capex spend cut by US$100 bn in Sub-Saharan Africa

Chevron Oil Refinery 017Over the next five years, capital expenditure is to be cut by US$100 bn in Sub-Saharan Africa, including exploration cuts will contribute to 46% oil production decline by 2030

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