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Egypt gets $12bn investment plan from BP and DEA
British Petroleum (BP) and Russian-owned DEA have agreed a partnership investment of $12 billion in Egyptian gas fields in the West Nile Delta with the hope of producing five trillion cubic feet of gas resources and 55 million barrels of condensates when the project is completed in 2017. The investment plan is being described as […]
Gabon, South Korea mull cooperation in forest, carbon credit management
Gabon President Ali Bongo Ondimba held talks Monday on the sidelines of the COP27 in Egypt, with Korea’s Special Envoy for Climate Hon Na Kyung-Won on the possibility of both countries cooperating in forest and carbon credit management, Gabo Review reports. The Gabon leader and Kyung-Won also addressed Korea’s various investment opportunities in infrastructure, among […]
Libya: Qatar pledges security, economic support to GNA
Qatar Sunday vowed to provide security and economic support to UN-backed Government of National Accord (GNA), becoming therefore the second country after Turkey to pledge open support to the weak government. The Gulf country made the pledge Sunday during GNA leader Faiez Serraj’s visit to Doha. He met with Emir Tamim bin Hamad Al Thani […]



