The Portuguese company Galp Energia (Petróleos de Portugal e Gás) announced it has acquired a 50 percent stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. The company acquired the shares under a farm-in agreement with the Australian company, Tangiers […]
In Guinea Bissau, the government plans to cut electricity prices by 50 percent, Energy and Industry Minister António Serifo Embaló told reporters recently. According to Embaló, the country has the capacity to support this considerable drop in the cost of electricity. The government’s move will be made possible by using fuel oil instead of purchased […]
President Kais Saied said Monday that he presented to visiting ruler of Qatar Emir Tamim Bin Hamad Al-Thani several projects that Qatar can contribute to finance. These projects include Kairoun hospital complex, according to press reports. Emir Tamin began Monday a two-day visit to the North African country, the first visit since March 2019, […]
