Daily Archives: January 16, 2017
- UKEF is supporting a GE Oil & Gas contract worth US $850 million
- the contract will support jobs in the Aberdeen and Bristol areas
- it is the first time a European export credit agency has supported a financing structure of this kind, and is UKEF’s first direct loan for a project in Africa
GE Oil & Gas, which is headquartered in the UK, is providing subsea production systems to the project, which will develop oil and gas fields approximately 60km offshore from the western side of Ghana’s coast. Following first gas production in 2018, the new fields are expected to continuously feed Ghana’s thermal power plants for more than 20 years.
Kenyan all-girls school recognised for rooftop photovoltaic plan that will reduce utilities expense