...sure hope so! I'm over 40% down here and hate having red on my portfolio. CLON is my smallest holding so thought many times to just sell to get it off my mind but I will give it another couple of months yet.
Offshore staff ACCRA, Ghana – GNPC Operating Services Co. (GOSCO) and Lloyd’s Register are forming a joint venture to serve Ghana’s offshore oil and gas industry. Lloyd’s Register Wells Ghana will provide well project management, well engineering and associated site survey, geotechnical and rig inspection services, the aim being to help offshore operators deliver safe, cost-effective, and compliant E&P activity. Matt Rothnie, vice-president for the Wells business at Lloyd’s Register, said: “We believe this joint venture will create good long-term opportunities for Ghana’s E&P industry as we look to collectively achieve the highest levels of safety and performance providing the very latest ‘know-how’ and application of technology for well operations.” Michael Amoah, CFO of GOSCO, added: “We see real opportunities in key aspects of the upstream value chain for joint ventures which bring together the operational experience of Ghanaian companies with the niche high quality skills of an international partner.” Scottish Development International (SDI) assisted Lloyd’s Register with forming the venture. Gary Soper, Africa Regional Manager for SDI, said: “Working from our West Africa hub in Accra, we are well placed to introduce West African companies to Scotland’s oil and gas supply chain to access collaborative opportunities in the region.” 04/18/2017
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