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Egypt distributes offshore Mediterranean blocks
Eight oil and gas exploration projects have been awarded by Egypt to several companies in a statement released from the ministry of petroleum. The decision followed the reception of 13 offers after an international call for tender concerning prospective acreage. Among the companies are British Petroleum (BP), International Egyptian Oil Company (IEOC), a subsidiary of […]
Tunisia: Polls closed, Essebsi claims victory ahead of results
Tunisians have voted on Sunday to elect their president without any major incident that could have obstructed the election. Nidaa Tounes has already claimed victory ahead of the announcement of the results by the electoral commission. The election is termed as being the first time Tunisians elect their president in freely and fairly since attaining […]
Nigeria wins appeal in landmark ruling against Process & Industrial Developments
Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]



