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Caverton Lands Chevron Helicopter Service Deal
August 22, 2017

Caverton Helicopters, has been awarded a five-year logistics support contract by Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Corporation (NNPC/CNL Joint Venture, for the provision of aviation services with a two- year renewable option.

In a notification to the Nigerian Stock Exchange (NSE) last Friday, Caverton said the contract was awarded following an extended competitive tendering process.

Caverton emerged successful after scaling through both the technical and commercial evaluation ahead of other bidders. Given CNL’s reputation for very high safety and quality standards, it is safe to say that Caverton’s commitment to safety, quality and continuous improvement contributed in no small measure to this successful bid. Caverton will service this contract with 11 Bell manufactured helicopters in line with CNL’s requirement. As part of the contract, Caverton will provide guaranteed medevac response to CNL 24 hours a day, seven days a week, covering their entire area of operations,” the company said.

Commenting"...

August 17, 2017

Yacine Ghediri, Director of Agricultural Services, said Wednesday, that 45 regulated sales points have been installed for sale of sheep, across the province of Constantine (east Algeria), in anticipation of the feast of Eid El-Adha, APS reported.

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August 12, 2017

The first Algerian edition of pizza championship is scheduled from August 23 to 26 at the promenade des Sablettes (Algiers) with the participation of more than 500 pizza chiefs, said Algiers Sports and Leisure Parks Office (OPLA), APS reported.

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August 22, 2017

“You cannot assume that 5G is just 4G on steroids. It is a revolution,” says Kailash Narayanan of Keysight Technologies.

The neat linear progression from 2G to 3G to 4G does not apply to next-generation networks.”5G”, the generic term for future communications technologies, offers so much more than just the next level up in speed and data volume. If earlier technologies are like"...

August 22, 2017

Energy Minister of Algeria, Mustapha Guitouni, has received, on Monday, the Saudi Ambassador “Sami Ben Abdellah Essalah” in Algiers, the Ministry said in a statement.

Both sides have reviewed the quality of the cooperation relations between both countries in the field of energy, and the means of their strengthening.

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August 22, 2017

Algeria’s trade deficit declined to $ 6.17 billion in the first seven months of 2017 from a deficit of $ 10.61 billion over the same period in 2016, a decrease of 4.44 Billion dollars corresponding to a fall of the deficit of 42%, according to the figures of the Customs, published on Monday, via the official website.

Exports"...

August 22, 2017

Outgoing Managing Director of HFC Bank Ghana, Robert Le Hunte, has said the number of commercial banks in Ghana vis-à-vis its 26 million population, is unhealthy for the financial sector, suggesting that the number be cut to a maximum of nine banks.

“There has to be consolidation,” Mr Le Hunte, who leaves Ghana this week to take up a cabinet appointment in his country – Trinidad"...

August 22, 2017

The President of the Republic Ghana, Nana Addo Dankwa Akufo-Addo, is expected to sign a government-to-government Heads of Agreement with his Equatorial Guinean counterpart, President Teodoro Obiang Nguema Mbasogo, for the supply of Liquefied Natural Gas (LNG) from Equatorial Guinea to Ghana, for a period of 5 years.

The signing of the agreement is expected to take place in the course of a 3-day official"...

August 22, 2017

Foreign airlines have slowly begun operating commercial flights to/from Benghazi, just weeks after local Libyan carriers resumed their own scheduled passenger services to/from the eastern Libyan city, reports ch-aviation.

Earlier this week, a B737-300, operating for Syria's FlyDamas arrived in Benghazi with a delegation"...