Energy Headlines Maghreb Morocco

SDX Energy Finds Gas in Morocco’s Northwest

The UK-based SDX energy announced a new discovery in north western Morocco, which, it said, is above pre-drill estimates. The company has encountered commercial quantities of gas in its OYF-2 well and confirmed the extension of its core area to the north, it said in a statement. The well, in which the company has 75% […]

Africa Energy Europe Finance Headlines International

EU Signs four Financial Guarantees to Unlock Investment in Africa, EU Neighborhood

The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to be invested in renewables, urban infrastructure and start-ups in Africa and the EU Neighborhood. The guarantees were signed with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the German KfW Group and […]

Energy Europe Headlines International Maghreb Morocco Tunisia

Morocco’s Company Nareva Wins Energy Deal in Tunisia

The consortium led by Moroccan energy company NAREVA and French ENGIE group won an international bid for the construction of 120 MWp solar power plant in Gafsa, Tunisia. The consortium will be responsible for developing, designing, financing, building, operating and maintaining the photovoltaic power plant over a period of 20 years from commissioning. The Gafsa […]

Energy Headlines Maghreb Morocco

Sound Energy Receives Approval to Build Gas Pipeline in Eastern Morocco

UK upstream Morocco-focused Sound Energy said it was cleared to build and operate a 120-km gas pipeline in eastern Morocco. The company made the announcement after receiving the environmental impact assessment approval from the Moroccan Ministry of Energy, Mines and Environment. The pipeline will help channel gas from Tendrara to the already existing Gazoduc Maghreb […]

Energy Headlines

Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives – IRENA

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, the International Renewable Energy Agency (IRENA) has urged. Renewable electricity should supply 57 per cent of global power by the end of the decade, up from […]

Asia Energy Headlines International Maghreb Morocco

Morocco Expounds its Energy Strategy before 10th IRENA Assembly

Morocco has expounded its energy strategy and its approach to the fight against climate change before the 10th Assembly of the International Renewable Energy Agency (IRENA), held in Abu Dhabi this January 11-12.   Morocco has adopted an ambitious energy strategy meant to enlarge its renewable energy capacity and performance to strengthen its position as […]

Energy Headlines Maghreb Morocco

Morocco’s ports authority opts for energy efficiency

Morocco’s ports authority (ANP) and the Moroccan Agency for sustainable energy (MASEN) signed a cooperation agreement to promote the use of renewable energies in Morocco’s ports. The agreement would help the ANP tap into MASEN’s experience to facilitate the transition of Morocco’s ports to renewable energies and energy efficiency. Morocco plans to create 150,000 jobs […]

Egypt Energy Headlines

ExxonMobil secures exploration acreage offshore Egypt

ExxonMobil announced earlier this week it has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look forward to working with the government and deploying our proven expertise and advanced […]

Energy Headlines Maghreb Morocco

Solar Expo Morocco eyes 8000 visitors

Morocco is expecting to host about 8,000 visitors during the 9th edition of the “Solar Expo Morocco” that will be held February 25 to 27, 2020 in Casablanca. Launched in 2012, the “Solaire Expo Maroc” is an annual exhibition of solar technologies and one of the most important of its kind in Morocco. Over the […]

Africa Energy Headlines International

Sudan: AfDB approves $21.783 million grant for roll out of solar-powered irrigation

The African Development Bank’s Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country’s West Kordofan and North Kordofan states. The project will enable farmers to adopt renewable energy technology through the installation of 1,170 photovoltaic (PV) irrigation pumps, the establishment of […]