Economy

Mid-November Spud Targeted For Offshore Gambia Well

The drillship Stena IceMAX is due to arrive in Las Palmas in the Canary Islands later this month before mobilizing to drill the Bambo-1 exploration well offshore The Gambia. Operator FAR says the targeted spud date is Nov. 13. Exceed’s wells management team in Aberdeen is supporting planning and execution of the well, with[Read More…]

Big News On Climate Change — Gambia Wins, Canada Loses

Canada is a laggard in the international effort to avert catastrophic climate change, according to a major new study by Climate Analytics, a global, non-profit climate science and policy institute. The organization’s “climate action tracker” describes Prime Minister Justin Trudeau’s policies as “highly insufficient” in regard to achieving the United[Read More…]

W/Bank Makes Growth Forecast For African Economy

(JollofNews) – A World Bank forecast has suggested that sub-Saharan Africa’s economy will grow by 3.3 percent in 2021 after a reduction of 2 percent in 2020. The economic recovery will be fueled by elevated commodity prices, relaxation of stringent measures as well as recovery in global trade, according to[Read More…]

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