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Security companies reap from LNG exploration in Tanzania

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BG Group has contracted pan-African security provider Warrior Security Company to secure its sites in Tanzania, in a partnership that has seen the 3500-strong security company extend its recruitment drive and training programme and bring innovative terms and conditions to Tanzanian security staff. 715 more words

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ShareSoc Welcomes BG Group Decision but calls on Sir John Hood to Resign

ShareSoc is delighted by today’s news that BG Group has decided to withdraw the conditional share award that was proposed for new CEO Helge Lund. This is a good illustration of active shareholders being able to influence corporate policy and restrain abuses. 169 more words

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BG Group EGM on pay award to new CEO

BG Group – A personal view by ShareSoc director, Mark Bentley

BG Group will be holding an EGM on 15th December to consider a resolution to approve a “Conditional Share Award” for newly appointed CEO Helge Lund. 740 more words


Africa Discovery & Development: Political Dispute sends Tanzania burgeoning natural gas prospects into chaos

Earlier this month a political dispute over natural gas contracts led to the arrest of two state officials, sending the country’s burgeoning natural gas prospects into chaos—along with billions in foreign investment from major players including ExxonMobil, Statoil, BG Group and Ophir. 432 more words

Mozambique Oil And Gas Industry

BG Group pressing pause button on Prince Rupert LNG, citing market conditions

CALGARY – The chairman of British energy firm BG Group says it’s hitting the pause button on its proposed liquefied natural gas project near Prince Rupert, B.C. 122 more words


BG Group withdrawals from Tanzania’s Block 3

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BG Group has announced that it has informed the Tanzanian government of its intended withdrawal from its 60% equity interest in Block 3 with the company already having written off a $74 million exploration charge in its latest financial results. 138 more words

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FAR farmout deal in Kenya's Block L6 unlikely in 2014

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Australian explorer FAR Ltd has said that its expected farmout in Block L6 where the company has a 60% interest is unlikely to happen in 2014. 237 more words

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