A Lagos-based court has ordered the Nigerian Navy and its Chief of Naval Staff to jointly pay a fine of up to $1m to the British Mercury Oil & Gas company, based in Farnham, in a settlement over damage caused by ille ...
Oman’s Renaissance Services plans to sell its Topaz Engineering unit, reported The National, and at a loss of $5.5 m to Chalmers Holdings, a Dubai-based marine and offshore outfit.
