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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

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    CBOD calls for a more structured supply of Forex for petroleum products

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    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    Intravenous Infusions PLC records 10% growth in profit in 2021

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

  • TECHNOLOGY

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

    Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh

    Bank of Ghana commences piloting of digital currency in Sefwi Asafo

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    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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Exxon Equatorial Guinea offshore workers test positive for coronavirus

April 29, 2020
in INTERNATIONAL, Top Stories
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Thirty workers at an ExxonMobil-operated offshore oil platform in Equatorial Guinea have tested positive for the new coronavirus, two sources close to the Ministry told Reuters.

The outbreak on the platform is one of the sector’s largest reported infection clusters and highlights the risk that the coronavirus poses to offshore oil installations, where people typically work, sleep and eat in close quarters.

The workers on the Serpentina floating production storage and offloading platform have since been evacuated and are in quarantine, while ExxonMobil and government officials work to disinfect the platform, the sources said.

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On a call on Monday afternoon, Equatorial Guinea’s Minister of Hydrocarbons Gabriel Obiang Lima confirmed the cases.

“Production has not been affected and we don’t think it will be affected,” he said, adding that the government will start testing for coronavirus in all offshore workers.

The country’s largest crude stream, Zafiro, is exported by ExxonMobil primarily from the Serpentina FPSO (floating production and storage operation), which has capacity of roughly 120,000 bpd.

A source close to the ministry said that production was not affected at Zafiro oilfield or at Jade, which has capacity of roughly 60,000 bpd.

A spokesman for Exxon said the company’s primary focus was the health and safety of its workers but did not comment directly on the cases or share any impact on production.

Many countries and companies have already placed restriction on the number of workers allowed at oil installations to reduce the risk of infection.

However, this has posed a significant logistical challenge, particularly as plummeting oil demand hammers global prices and limits operating budgets.

In Brazil, two FPSOs were forced to halt production after workers contracted the virus. The Brazilian oil and gas sector has been hard hit by the virus, with 126 confirmed cases among workers, including 74 who had recently been on offshore oil platforms.

Equatorial Guinea has reported 258 confirmed cases throughout the country and one death.

On Sunday another oil major, Total, confirmed 14 cases at its sites in Congo Republic.

Source: Reuters
Tags: COVID-19Equatorial GuineaExxonMobil
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