First Independent Mena Newspaper
Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the US company expecting to produce new oil by October, the oil minister said on Tuesday. According to Gabriel Obiang Lima, minister of hydrocarbons and mines, the government is excited to announce the discovery, “which could not have come at […]
Kenya is set to benefit from at least 50,000 new jobs in the maritime sector over the medium term as a direct result of its entry into the league of oil-exporting countries. The East African nation on Monday exported its first batch of oil as President Uhuru Kenyatta flagged off the crude shipment from the […]
Morocco topped the list of electricity suppliers to Spain in 2018 with 2088GW per hour, Spanish institute Red Eléctrica de España said. The institute said that 76% of electricity trade flows on the border were taken by Morocco while the remaining 24% by Spain. Morocco and Spain will further boost their electric connectivity with a […]
The government of Seychelles has recently commissioned a real estate project that will provide 700 transit houses with solar energy for people affected by disasters. Supported by the Indian government, the houses are located in Grand Anse, one of the islands of the archipelago. According to Philip Morin, Public Utilities Corporation (PUC) Executive […]
Clean Technology Fund approves $20 million investment for AfDB-sponsored Facility for Energy Inclusion The Clean Technology Fund (CTF) one of two multi-donor trust funds within the Climate Investment Funds (CIF) last week approved $20 million for the Facility for Energy Inclusion (FEI), a facility sponsored by the African Development Bank to provide sustainable financing for […]
There is new hope for the oil industry in Congo as the recent onshore discovery made in the Delta de la Cuvette indicates that the deposits could produce up to 359 million barrels of oil, or 983,000 bopd, from this central province. Congo’s current production stands at over 330,000 bopd according to OPEC’s latest figures. […]
Cairo-based Arab Industrialization Organization (AOI), a structure owned by the Egyptian government, has announced a plan to build solar power plants in seven African countries to reduce the energy deficit on the continent. AOI will develop renewable energies and reduce energy shortages in Uganda, Congo, Tanzania, Eritrea, Somalia and South Sudan. Solar plants in these […]
Lesotho will launch an energy investment and diplomacy drive at the Africa Oil & Power 2019 conference in Cape Town scheduled October 9-11. “Through the Africa Oil & Power conference, the Ministry of Energy aims to significantly raise the profile of Lesotho in the international and pan-African energy dialogue, to promote Lesotho’s petroleum and […]
South Sudan and Kenya seek to boost their cooperation in the oil sector. To this end, South Sudan petroleum minister Daniel Awow Chuang, and his Kenyan counterpart John Munyes met in Juba to discuss ways of enhancing cooperation in the areas of oil infrastructure development and experience sharing, State-owned radio South Sudan Broadcasting Corporation […]
The gas pipeline project to link Nigeria to Morocco will act as an incentive for further regional integration in West Africa, head of Nigeria’s National Petroleum Corporation (NNPC), Mele Kyari said. Morocco and Nigeria agreed to build the pipeline in late 2016 during a visit by King Mohammed VI to Abuja. Several meetings followed as […]