Energy

“In the time since we last spoke towards the end of 2012 attendance at our Diving School has increased by around 40 percent,” states Bridget Thomson, Managing Director of SEADOG Commercial Diving School. “This increase sees us today operating at maximum capacity, which for a business that has been around for a relatively short period of time is extremely good news indeed.”

Dramatic political events over the weekend saw what amounts to a revolution in Ukraine. Weeks of violent protest in Kiev led to in the impeachment of President Viktor Yanukovych, his flight from the capital to an undisclosed location, and the appointment of an opposition figure as acting president to run the government until elections can be held in May. Acting energy minister Eduard Stavytsky expressed on Monday Ukraine's hope that Russia will not use gas transit and prices to influence the political process.

Since its formation in 2003, Offshore Marine Management (OMM) has grown within the renewable energy, subsea telecoms and oil and gas sectors, expanding from providing personnel for offshore projects to taking on turnkey cable installation contracts. Indeed, OMM’s ability to adapt to ever changing market conditions has allowed it to flourish even in times of economic uncertainty.

The economy of Cyprus in recent years has largely depended on tourism and financial services. The fundamentals of these industries are still sound despite the well documented financial and banking crisis that affected the island in 2012 and Cyprus is now making every effort to restore its economic stability.

Recognised as the second largest oil and gas firm in Southern Africa, Petromoc, or Petróleos de Moçambique to give it its local name, was formed in 1999 and is Mozambique’s state-owned distributor of petroleum products. Born out of the transformation of the Mozambique National Fuel Company, Petromoc today owns the largest retail network in the country, one that consists of 119 filling stations and supply posts, and 300 local consumer positions.

The two blocks, the inland Block B and offshore Block 15, were offered to the company on a nomination basis following a meeting between India’s Oil and Natural Gas Minister, Veerappa Moily, and Sudan’s Petroleum Minister, Hatim Abuelgasin Mukhtar M Elamin, last week. Should the offer be accepted ONGC Videsh would have 100 percent right of investment in the blocks in Block B, which are reported to have established oil reserves, and Block 15, which is currently at the exploratory stage.

Founded in 1977, Grupo Zeta started life as a simple sales organisation set up by the legendary Don Miguel Zaragoza Fuentes, one of Mexico's best known entrepreneurs. Knowing that there would be a growing demand for gas in the country as its industrial base grew in tandem with its population, Zaragoza then set about the task of creating a full-scale downstream industry. He began to fabricate storage tanks, gas cylinders and every kind of gas handling equipment. Today Grupo Zeta is a fully integrated gas company that employs 70,000 people.

Established as the Electricity Supply Commission in South Africa in 1923, it was in July 2002 that Eskom was converted into a public, limited liability company, wholly owned by government. Today Eskom is responsible for generating approximately 95 percent of all the electricity used in South Africa and approximately 45 percent of that used in Africa.