Contractors in E Guinea worry after operators told to cancel awards

摘要

CHC Helicopters could just be the first in a line of targets after Equatorial Guinea told all operators to cancel contracts with the firm due to non-compliance with local content rules. The Ministry of Mines and Hydrocarbons warned that further cancellations could follow as a compliance review of the entire sector is ongoing led by the Director of National Content and outside legal advisors. It said the notice will be expanded to all service companies who are non-compliant as the review continues.