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Sound Energy to supply Morocco’s electricity utility with gas
The UK upstream Morocco-focused Sound Energy inked a gas supply deal with Morocco’s ONEE, state-owned power company. Under this preliminary agreement, Sound Energy will commercialize the gas found in the Tendrara permit where it holds 47.5%, alongside Schlumberger, which has a 27.5% direct interest and the state’s hydrocarbons office ONHYM with 25%. The East Morocco […]
Five Egyptian soldiers killed in fresh attack
An attack carried out by a group of militants killed Wednesday five Egyptian military personnel in North Sinai, the second such an attack in less than one week after the Islamic state group (ISIS) claimed a first attack that slain 11 security forces. Two security sources told Reuters that unidentified armed men assaulted a security […]
Nigeria drops to Africa’s 4th biggest oil producer, as 437,000 barrels are stolen daily
Nigeria is facing a record reduction in oil production, dropping from the first largest producer in Africa to the fourth, behind Angola, Algeria and Libya, according to the latest report of the Organization of Petroleum Exporting Countries (OPEC). The monthly oil market report for August, published by the oil cartel OPEC, showed that Nigeria’s production […]



