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SNC-Lavalin awarded FEED conversion to EPC contract for Guinea refinery

TSX-listed SNC-Lavalin has been awarded a contract by private firm Brahms Oil Refineries to undertake a front-end engineering design (FEED) conversion to engineering, procurement and construction (EPC) contract for a 10 000 bbl/d crude oil refinery in Kamsar, Guinea. The professional services and... 

OECD highlights South Africa’s ‘accelerating’ SOE-guarantee exposure as a risk to debt sustainability

Rising contingent liabilities in State-owned enterprises (SOEs), together with the recent ratings downgrades pose the main risks to South Africa’s debt sustainability, the Organisation for Economic Cooperation and Development (OECD) cautions in its fifth and latest economic survey of the country.... 
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