Author: Business Enquirer
Located in the offshore fields of Loango and Zatchi, approximately 70 km off the coast of Pointe Noire in the Republic of Congo, Ammat is an independent hydrocarbon producer. Serving the entire value chain, the business embraces all of the upstream stages of natural gas and oil production: from obtaining exploitation rights to exploration and production, including appraisal, development and decommissioning of the field. Its operations are anchored in a sophisticated, data-driven strategy tailored for optimised reservoir management. This approach underscores its commitment to enhancing hydrocarbon production while prioritising environmental sustainability. Encouraged by the concept of the circular economy, Ammat…
The UK’s leading aggregates specialists, Derbyshire Specialists Aggregates, announced at the start of Q4 2023 its acquisition of the Geveko Markings’ resin surfacing operations in Stalbridge, UK. The acquisition not only marks another positive step forward in the business growth, but sees Derbyshire Specialist Aggregates become the only manufacturer of resin and aggregate in the UK. Effective from 1st October 2023, the acquisition included all manufacturing plant, product, and equipment. It also ensured all employees were retained during the transition. Discussing the acquisition, Sam Buckley, Managing Director of Derbyshire Specialist Aggregates said on its website:“This acquisition is the perfect next…
Encompassing the likes of airlines, airports, manufacturers, and service providers, the aviation industry is estimated to be worth a staggering $841.5 billion (2023). The value is only increasing too, with 2023 indicating a 7% increase on the year before. As well as the financial importance of the sector, it also provides 87.7 million jobs worldwide. With the figures in mind, it is obvious then that the industry must be supported by robust and experienced lawyers. Business Enquirer spoke with Anna Anatolitou, Partner at DAC Beachcroft and specialist in aviation law, about why the firm has become one of the most…
Having stabilised itself post-pandemic, during which the cruise ship industry ground to an almost halt, MJM Marine is entering a period of buoyant force. Based in County Down, Northern Ireland, and with an additional office in Gdańsk, Poland, MJM Marine offers a complete turn-key solution for the outfitting of all spaces on board cruise ships, ferries, yachts and vessels of any type. Operating out of a 100,000 square foot manufacturing facility, MJM Marine has garnered a global reputation for the high quality of products produced through innovative manufacturing techniques and attention to detail. As well as its dedicated carpet and…
It will come as no surprise that the logistics market is forecasted to grow by $125.65 billion inthe five years from 2022-2027 . This growth, which is expected to accelerate at a CAGR of 12.12% in that period, is thought to be, in part, due to increased globalisation and the rise of ecommerce. Of course, with this increase, we are and will see more commercial fleets on our roads to meetdemand. Currently, these commercial vehicles (which also includes public transport) areresponsible for around 40% of road emissions, with transport accounting for a quarter of allglobal emissions – and growing. Aiming…
The specialists in the preparation of wood veneers and timber, Forza Doors, have integrated the latest monitoring technology from FireDNA into its products. Launching the initiative in July 2022, Forza Doors embeds FireDNA QR Codes and NFC Tags into its fire doors, frames, and doorsets. This enables the firm to digitally attach important data relating to manufacturing, certification and installation guidance, offering a clear benefit to its customers. Via mobile, cloud and RFID technology it links people in the chain of responsibility, simplifying and enhancing the reporting and access of compliance and traceability data for new or legacy passive fire…
Celebrating 17 years in business in 2024, GomSpace is known for being the oldest business in the NewSpace industry, despite its young age. The Denmark based nano-satellite technology innovator has been acknowledged for far more than its age, though. In 2023, MarketsandMarkets recognised GomSpace as one of the most important players in the NewSpace market. An exciting sector, MarketsandMarkets forecasted the global nanosatellite and microsatellite market size to grow from $2.8 billion in 2022 to $6.7 billion by 2027. “We’re very proud of our position in the NewSpace market,” said GomSpace CEO, Carsten Drachmann, “as well as an achievement for…
The sustainability engineering company supporting the green transition across Africa According to the African Development Bank, more than 640 million people across Africa are without electricity. Africa’s 48 Sub-saharan countries collectively reach just 68 gigawatts in installed generation capacity, with as much as one quarter of that unavailable due to aging plants and poor maintenance. Countries across Africa are consistently facing power outages, with the economic cost amounting to more than 2% of a country’s GDP. South Africa alone saw more than 200 days of power cuts in 2022, with fears that if the crisis continues at the current rate,…
When it comes to credentials in the gold industry, look no further than Sheikh Sulaiman bin Saleh Al-Othaim, CEO of Saudi Gold Refinery. The son of Sheikh Saleh bin Ali Al Othaim, Sulaiman was raised as part of the Othaim Jewelry empire, with Sulaiman achieving his qualifications from the Gemological Institute of America. The CEO has worked in the mining industry for 32 years. Starting as a jewellery retailer, the business moved into gold manufacturing, and then established itself as a gold refinery. Now, the business has control of the quality of its entire gold supply chain. “As a gold…
At the close of Q3 2023, the World Bank highlighted that the Republic of Congo’s GDP was forecast to grow at a rate of 3.2% in 2023, rising to 3.5% on average in 2024-2025. This was, in part, credited to the country’s oil industry, which accounts for around half of the country’s GDP, as well 80% of its exports. Supporting the country’s growth in the oil sector is the The Société Nationale des Pétroles du Congo (SNPC), the national oil company, which has six subsidiaries throughout the oil industry chain (SONAREP, ILOGS, SFP, SNPC Trading, CORAF, and SNPC D). In…