New Round of Layoffs at Maersk Drilling

A Maersk Drilling rig – Image Credit: Maersk Drilling Offshore drilling company Maersk Drilling has announced a new wave of layoffs and has revised its financial guidance for 2020, citing oil and gas companies’ budget cuts and delays and cancellations in offshore drilling tenders. As previously reported, Maersk Drilling in April said it would lay […]

Angola, Senegal, Cameroon, Ghana and Nigeria Among the Most Hard Hit Amid COVID-19 and Oil Price Plunge

The following has been submitted as a press release and has not been edited by The Good Men Project. — JOHANNESBURG, South Africa, March 31, 2020/APO Group Angola revises national budget and suspends CAPEX; Senegal’s first oil development faces debt arrangement challenges; Nigeria poised for a major revenue loss; Analysts predict Ghana will get half […]