OMV, the Austrian oil and Gas Company which is partly owned by Abu Dhabi, has recently posted a 25 per cent rise in revenues after the revival of its ...

Libya Finds New Oil & Gas Fields
Libya has announced new oil and natural gas discovery in the Ghadames basin southwest of Tripoli, opening new prospects for the battered economy of th...

Longreach Completes 2D Seismic Program Onshore Morocco
Longreach oil and gas limited, an independent oil and gas company holding exploration and near term development licences in Morocco, announced earlier...

Tunisia: a premiere solar plant
Conergy has made its entry into the Tunisian solar market to begin its operation in North Africa. The German company has been allowed by authorities t...

Tullow to go offshore in Mauritania
Tullow, a multinational oil and gas exploration company headquartered in London, United Kingdom is preparing itself for another drilling campaign in t...

Tunisia: PAR and Sondes waiting on partnership
Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources...

Morocco Approves Foum Draa Block Farm-out Agreement
Moroccan authorities have approved an agreement between San Leon Energy, Serica Energy and Longreach Oil and Gas on the one hand and Cairn Energy, on ...

Libya: BP reviews exploratory drilling
British petroleum is not hiding its fears about the risks in the North African region after it revealed that it was having second thoughts about its a...

Alstom Supplies Libya Gas Turbine Spare Parts
French power leader Alsthom will provide Libya spare parts for 11 gas turbine units under a 250 million euro contract signed with General Electricity ...

Algeria: oil and gas investments under uncertainty
Following the hostage situation in Algeria, analysts fear that oil and gas future investments are dominated by uncertainty due to fears that investors...