Shell

Senegal: Kosmos Energy confirms large-scale gas find offshore

The US oil and gas exploration company, Kosmos Energy has confirmed a large-scale gas find at its Yakaar-2 appraisal well, offshore Senegal. In a statement released this week, Kosmos said the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in a similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing […]

Egypt eyes $7bn trade volume with rest of Africa in 2022

Egypt Monday announced plans to raise exports to 10 African countries to $7 billion next year as part of a long term strategy aiming at $10 billion in value for export to Africa by 2025. The $7 billion target is the first phase of three-phase strategy designed by the Arab country. For this phase the […]

King Mohammed VI directs Supreme Council of Ulemas to issue comprehensive fatwa on Zakat

At the directive of King Mohammed VI, Commander of the Faithful, the Supreme Council of Ulemas has been entrusted with the task of issuing a comprehensive fatwa to elucidate the Sharia rules concerning Zakat, the institution announced in a statement. This initiative seeks to address the numerous inquiries from citizens regarding the application of this […]