Kosmos Signs Contracts With Mauritania

Bermuda-based Kosmos Energy Ltd. said today [Apr. 9] it has signed three production-sharing contracts with the government of Mauritania, allowing the company to explore oil offshore the North-western African country. Kosmos will operate the three blocks with a 90 percent stake. Mauritania’s national oil company, Societe Mauritanienne des Hydrocabures [SMH], will hold a 10 percent [...]

Cricket: Bermuda Defeat Uganda In UAE

Stephen Outerbridge captained the Bermuda team in the ICC World Twenty20 Qualifier 13th Place Play-off against Uganda in the United Arab Emirates today [Mar.23]. Uganda won the toss and sent Bermuda to bat, Bermuda scored 179/4 in their allotted 20 overs, Janeiro Tucker was the top scorer with 62 not out, while Fiqre Crockwell added [...]

Blood Diamond Case: Bermuda Firm Cited

Angola’s attorney general has summoned witnesses to testify in a case involving a Bermuda-registered mining company which implicates some of the top figures in the country’s military and security establishment in acts of torture and murder in the diamond fields of north-eastern Angola. The witnesses’ hearings will start tomorrow [Mar. 5] in the Angolan capital, [...]

Festival Review: “Mother to Mother”

[Bermuda Festival Review: Mother to Mother – written by Alan C. Smith] Mother to Mother, a one woman play, performed masterfully on the City Hall Theatre stage by singer, playwright, actress Thembi Mtshali-Jones, was rewarded with a standing ovation on Tuesday, January 31st. The play, based on a story by Sindiwe Magona and adapted for [...]

PLP Mourns Jamaica’s Thompson

The Bermuda Progressive Labour Party is mourning the death of Dudley Thompson, the Jamaican lawyer and former Cabinet Minister who defended the late MP and Bermuda Industrial Union official Dr. Barbara Ball when she stood trial following the 1965 Belco riots. Mr. Thompson [pictured here] died in New York on Friday, January 20, 2012, a day [...]

Dominion Drops Selous Agreement

Bermuda-based Dominion Petroleum has relinquished an oil production sharing agreement it had signed with Tanzania Petroleum Development Corporation over a decade ago, as the firm seeks to distance itself from the controversial exploration works in the Selous game reserve. Larger than Switzerland, Selous is the world’s largest game reserve and second only to the Serengeti [...]

Spike In LSE Entities Based Here

Bermuda is home to the fourth largest number of non-UK entities listed on the London Stock Exchange [LSE] than any other jurisdiction globally, according to figures from the market authority. LSE data shows that at the end of December 2011 there were 45 Bermuda-incorporated entities listed on either the Main Market, the Alternative Investment Market, [...]

Bermuda Debate Team In South Africa

The Bermuda Debate Society has sent a local delegation to participate in the World Schools Debate Championships in Cape Town, South Africa, starting on Tuesday [Jan. 17]. Michael Cabot, Shannon Denham, Daniel Pell and Marcus Bean make up the team of young debaters. They will be accompanied by Christianna Hiles, their team coach, and Marisa Sharpe, [...]

South African Star’s Bermuda Show

South African superstar Thembi Mtshali-Jones says her upcoming Bermuda Festival encore performance in a one-woman show about about the lingering emotional trauma caused by a murder in that country has universal application. The actress and singer told “The Sowetan” today [Jan. 9] that after appearing in “Mother To Mother” at this month’s Bermuda Festival For [...]

KPMG: ZCI’s Future ‘Uncertain’

Bermuda-based copper mining company ZCI’s operating loss widened to $7.7 million in the six months ended September from $6.7 million the previous year, interim results showed on Friday [Dec 23]. This result prompted auditors KPMG to say the loss “indicates the existence of a material uncertainty that may cast significant doubt on the ability of [...]

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