First Independent Mena Newspaper
Mustafa Sanallah, the Chairman of Libya’s National Oil Corporation (NOC), which manages the North African country’s oil exploitation, Sunday said the Sharara oilfield in the South remains shut down because of the presence of armed forces. The Sharara oilfield, Libya’s biggest, has come to a standstill since December after some armed groups seized it to […]
German conglomerate Siemens has completed a 400 MW extension to the Toshka substation in Egypt, three months after breaking ground, the company announced. The turnkey substation is located near the Egyptian-Sudanese borders, about 1,300 kilometres away from Cairo. The completion of the project paves the way for the realization of the $60-70 billion Egypt-Sudan interconnection […]
A report published by Fitch Solutions has indicated that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa, mining companies operating in the region should invest in renewable energy. “Off-grid mines could benefit from reducing mining companies’ dependency on diesel while taking advantage of the favorable climate conditions in the area,” Fitch […]
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 […]