News By Igoniko Oduma of AllAfrica Yenagoa Bayelsa State — Nigeria’s Vice President Yemi Osinbajo said on Thursday that corruption remains a major impediment to the growth of Nigeria’s industrialization. Declaring open the second Bayelsa State Investment and Economic Forum in Government House, Yenagoa, Osinbajo said that the menace of corruption had remained a stumbling…
Gulf News, Dubai 30th July 2015. Oil and gas firms in the UAE are laying off workers already, number of companies in the oil and gas industry in the UAE have shed some of its workers as they opt to reduce operational costs in the hopes of surviving the downturn, industry sources have confirmed. The…
Bloomberg July 22 2015. The free fuel party may be over as the United Arab Emirates, the third-biggest OPEC producer, will link gasoline and diesel prices to global oil markets starting next month, becoming the first country in the oil-rich Persian Gulf to remove transport fuel subsidies. Business chiefs yesterday backed a landmark move to…
Apart from the perceived complications in designing a condition monitoring system, or detailed maintenance programs for expensive assets it is expedient for owners of equipment to know that those equipment are expensive capital that must be kept in good and working order all the time, one of the most important things an operator can do…