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          Ophir Energy books $310 million charge on Fortuna gas project, unveils cost cuts      Cache   Translate Page      
Ophir Energy has written down the value of its struggling Equatorial Guinea natural gas project by $310 million (238 million pounds), it said on Thursday, while also announcing plans to cut jobs in London and move its headquarters to Asia to lower costs.

          Ophir impairs Fortuna project, plans to move to Asian HQ      Cache   Translate Page      
UK-based Ophir Energy has impaired the value of its Fortuna FLNG development in Equatorial Guinea and decided to downsize its London office in order to transition to an Asian HQ. Ophir has been...

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          Ophir Energy books $310 mln charge on Fortuna gas project, unveils cost cuts      Cache   Translate Page      

Ophir Energy has written down the value of its struggling Equatorial Guinea natural gas project by $310 million, it said on Thursday, while also announcing plans to cut jobs in London and move its headquarters to Asia to lower costs.

The post Ophir Energy books $310 mln charge on Fortuna gas project, unveils cost cuts appeared first on RocketNews | Top News Stories From Around the Globe.


          Equatorial Guinea Further Strengthens Human Rights      Cache   Translate Page      
The Republic of Equatorial Guinea Permanent Commission of Justice and Human Rights further strengthened human rights in the country with the review of the Proposed Law Regulating the Criminal Responsibility of Minors.

The Commission collected six chapters outlined by the Senate PDGE group to incorporate to the Proposed Law. The chapters address the definition of sanctions against the accused minor, the liability of insurers, as well as education and social reintegration.

Equatorial Guinea has made great strides over the years and significant progress on human rights, including the temporary amnesty against the death penalty, the plan of action to combat human trafficking, the implementation of the Children’s Parliament, the improvement of education for all Equatorial Guineans, and the complete abolition of child labor.

Equatorial Guinea has ratified numerous international conventions regarding human rights, and is active at the United Nations (UN) as a non-permanent member of the Security Council, where it strongly advocates for peace and security throughout the world. Equatorial Guinea at the UN has urged its fellow UN member states to prohibit the sale of arms to mercenaries and other organizations who are considered human rights violators. 



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