Belgian consortium to build center for green hydrogen production & storage in Egypt

A consortium of Belgian companies revealed Monday on the sideline of the ongoing COP27 plans to set up a center for the production and storage of green hydrogen in Egypt, meant for export to Europe. The Belgian Alliance for Companies, made of DEME Group, Fluxys, and Antwerp Port met with Egyptian Prime Minister Mustafa Madbouli […]

OCP Group’s turnover scores 18.5% increase in first half of 2021

Morocco’s OCP Group, the world leader in the fertilizers market, posted sales of 32.5 billion dirhams, in the first half of 2021, up 18.5% compared to the same period last year when sales amounted to 27.4 billion dirhams.   In the second quarter of 2021, the turnover reached 18.19 billion dirhams, compared to MAD 15.13 […]

Five Global Energy Firms Secure Exploration Deals in Libya’s First Oil Bid Round in 17 Years

Libya’s National Oil Corporation (NOC) has announced the results of its first public oil and gas bid round in 17 years, awarding exploration and development contracts to five major international companies and consortia. The round offered 20 exploration blocks. Winning entities include a consortium of Italy’s Eni and QatarEnergy; a consortium of Spain’s Repsol and […]