First Independent Mena Newspaper
Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]
Zambia and Zimbabwe have shortlisted American, European and Chinese companies to build the Batoka Gorge hydro power plant. The consortium of General Electric and Power Construction Corporation of China, Salini Impregilo of Italy and a joint venture of Chinese firms Three Gorges Corporation, China International and Water Electric Corporation and China Gezhouba Group Company Ltd […]
Tullow Oil, a leading independent oil exploration and production company, aims to complete the construction of a $1 billion oil pipeline in Kenya by 2022. According to Tullow Oil Kenya Managing Director Martin Mbogo, the 821 km pipeline will transport around 80,000 barrels of oil per day from the Lokichar oilfields in Northern Kenya to […]
Algeria’s Prime Minister, Ahmed Ouyahia, is expected to reveal national oil company Sonatrach’s 2030 plan when he presents the country’s general policy statement to parliament on February 25. According to a document published on the Premier’s website, the country’s general policy will focus on oil and gas exploration, power generation and renewable energy. Algeria has […]
Zimbabwe will need $7 billion by 2030 to cope with the effects of global warming, Washington Zhakata, the director of the water management and climate change at the Ministry of lands and Agriculture, told local media. Zhakata explained that these funds will initially be used to reorient the energy sector towards more environmentally friendly sources […]
Southern Utilities Limited, a member of LMI Holdings, Helius Power Company plans to build and operate a rooftop solar power plant in the Tema Free Zones Enclave in Ghana. The plant will be approximately 12 MW photovoltaic to be located on the 92,000sqm roof space of Mega Warehouse owned by the International Warehouse Company, a […]
The Private Swedish company Azelio, which specializes in Sterling-based energy solutions, announced that together with its strategic partner, Morocco’s Agency for Sustainable Energy, Masen, it will build in Morocco a full-scale verification project by the end of the year. Part of its global expansion, the company said it is opening an office in Morocco to […]
China’s Poly-GCL Petroleum Group Holdings Limited will build a 767 km gas pipeline between Ethiopia’s eastern Ogadem Basin and an export terminal on the Red Sea, Ethiopian Ministry of Mines and Petroleum said. Ethiopian and Djiboutian government officials agreed that Poly-GCL would begin construction of the pipeline project this year, the ministry said. Last April, […]
Renovation works on the hydropower plant of Nangbeto at the border of Togo and Benin will cost about $25 million, officials in charge of the management of the plant disclosed. The Beninese-Togolese joint venture, Communauté Electrique du Bénin (CEB), has appointed Voith to carry out the extensive rehabilitation and modernization works of the hydropower plant. […]
The third electricity link between Morocco and Spain will have a capacity of 700MW bringing the combined commercial capacity of all links to 1500 MW, Spanish grid operator Red Electrica de Espana said. An agreement was signed in that regard last week at a ceremony in Rabat chaired by King Mohammed VI and his guest […]