Tindouf camps

Egypt mulls plans to establish three new free Zones

Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]

Sound Energy Plans Plant & Pipeline to Tap into Eastern Morocco Gas

UK company, Sound Energy, is planning a gas plant and pipeline to commercialize gas it discovered in eastern Morocco. The Moroccan focused upstream gas company said in a statement it signed a “heads of terms with a consortium comprising Enagas, Elecnor and Fomento for the front end engineering and design (“FEED”) and conditional construction and […]

Closure of Libya’s largest oil field deepens east-west divisions

Libya’s infighting and east west divisions are adding to the oil supply disruptions in the country after the shutdown of the country’s largest oil field. The Internationally recognized Libyan National Oil Corporation NOC warned last December that the closure of its biggest El Sharara oil field by tribesmen claiming higher wages has reduced the country’s […]