Norway’s Statoil and partner ExxonMobil have made a large gas discovery in the Zafarani exploration well offshore Tanzania. 

Logging results have shown what Statoil is calling a “high impact discovery”, so far proving up to five trillion cubic feet of gas in-place.

The well has encountered 120 metres of excellent quality reservoir with high porosity and high permeability, Statoil said. The gas-water contact has not been established and drilling operations are ongoing.

Jorge Quijano, executive vice president of engineering with the Panama Canal Authority (ACP), talks to Jayne Alverca about taking Central America’s most high profile infrastructure program from concept to completion.

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced it will create nearly 3,000 new jobs across its 275 UK hotels over the next three years, including over 1,100 new jobs this year.

IHG, which operates brands such as Holiday Inn and Crowne Plaza, is also launching a new hospitality training Academy in London.

Brazil imports 50 percent of the phosphates it needs for agricultural production: MBAC has the ability to become the second largest domestic producer of single superphosphates within the next five years, with a valuable sideline in rare earth elements.

Another tale of “are they or aren’t they” emerged today in relation to a possible alliance of some kind between General Motors and PSA Peugeot Citroen.

It has been widely reported that the two car makers are talking to each other, and have been for some time, but at the time of writing neither company has confirmed this.

Against the backdrop of a very public revolution in Egypt, Procter & Gamble is quietly continuing to pursue its ongoing commitment to investment and growth, as Alan Swaby discovers.

Even if ‘Business management during periods of revolution’actually existed as a module in MBA programmes, it’s unlikely that many would ever have to put it into practice. Yet this is the very real situation that managers at Procter & Gamble (P&G) have had to face during the Egyptian chapter of the ongoing Arab Spring.

Agriculture in many parts of Africa is still struggling to fulfil its potential. Anup Modha, general manager of Tanzania-based Minjingu Mines & Fertiliser, explains how the company has been using environmentally friendly local resources to achieve food security and poverty reduction.

Tracy Bolton, who heads Microsoft South Africa’s Information Worker division, talks to Jayne Alverca about the group’s mission to optimise the user experience.

Going from heavy engineering to lightweight composite materials has changed the fortunes of one Australian company, as Alan Swaby discovers.

It’s not that the world is short of oil and gas. No, there is still plenty—but none of it is in readily accessible places any more. Deep water offshore drilling continues to find new reserves—but at depths of up to 3,500 metres or more, and you can imagine what 3.5 kilometres of steel tubing weighs.    

South African businesses are surprisingly well served with their computer needs and are often in the vanguard of what is new, as Alan Swaby learns.

When Y2K was looming down on businesses at the end of the century, no one was really sure if the whole house of cards would crumble or not. JJ Milner, founder and head of South Africa’s largest Microsoft hosting provider, felt that it wouldn’t; but he understood that his many clients preferred something more concrete to go on than just his gut instinct.