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Morocco prepares to launch first tenders for Atlantic gas pipeline

Morocco plans to launch in 2025 the first tenders for the initial phase of a major gas pipeline that will connect Nigeria to the Kingdom, state hydrocarbons and mines agency ONHYM said. The tenders will cover the Moroccan part of the pipeline, Asharq Bloomberg reported citing an official document. The first phase of the pipeline […]

Uganda’s UNOC eyes China for funding to begin commercial oil production in 2025

Uganda and neighboring Tanzania are seeking investments of up to $20bn for a slew of new projects across the oil value chain, including to develop an export pipeline before 2025. The CEO of Uganda National Oil Company (UNOC), Proscovia Nabbanja, said that the state-owned oil company is pursuing several projects across the upstream, midstream and […]

Libya seeks recovery of $60 Billion Gaddafi-Era investments in U.S. Treasury

The African Energy website reported Monday, December 2 that Libya is seeking to recover over $60 billion in assets secretly invested in U.S. Treasury bonds during Muammar Gaddafi’s regime. The funds, previously unknown, were reportedly funneled through complex networks starting in the 1990s, bypassing strict international sanctions. A delegation led by Mohammed Mansli, Director General […]