First Independent Mena Newspaper
The first wind turbine blade made in Morocco saw the light of the day in the Siemens factory in Tangier and has been transported to Tangier Med port to be sent to its final destination. This 63-meter energy production tool weights 17 tons. Its size required close cooperation between the factory, local authorities and the […]
The achievement of the solar energy project in Midelt, in the Middle Atlas mountainous range, took a leap forward with a loan from the African Development Bank (AfDB) worth $265 million. Moroccan news outlets reported that the funding will help push forward the completion of the first phase of Noor Midelt project, which will have […]
Exxon Mobil and Mauritanian authorities have signed three production-sharing contracts for three deep-water exploration blocks. “These blocks further enhance ExxonMobil’s leading global deep-water acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company in a statement. “We thank the government of Mauritania for the opportunity to evaluate the potential of this acreage using our expertise […]
Thanks to its steady efforts and continental leadership in promoting solar and wind energy, Morocco reaped the award of “Best State Strategy” in the field of renewable energies at the Africa Investment Forum recently held in Paris. The distinction was awarded ex-aequo to Côte d’Ivoire, in recognition of the efforts undertaken by the two African […]
Battered by a sharp fall in hydrocarbon revenues, Algeria resorted to lifting subsidies on key commodities such as gasoline and diesel in a bid to shore up state finances. The Algerian parliament has taken the unpopular decision of cutting gasoline and diesel subsidies for the third as part of the 2018 budget in an attempt […]
Morocco and 18 other nations have recently committed to increase the use of wood and other plant matter from sustainable sources to generate energy as part of efforts to limit climate change. The group said at the UN Climate Summit Cop 23 held in Bonn that they will endeavor to promote the use of sustainable […]
British company SDX Energy has announced new gas discovery in the onshore drilling operation conducted in Morocco. “We are pleased to be announcing another successful result from our Moroccan drilling campaign,” said chief executive Paul Welch oil and gas operations. The new gas discovery was made in the KSR-15 well at the Sebou project. The […]
UK-based oil and gas exploration company, Genel Energy, has agreed with the Moroccan government over the nature, scope and timing of the activity at the Sidi Moussa offshore licensed acreage in Morocco. Under the terms of the agreement, Genel’s previous commitment to drill one well on the license has been replaced by an undertaking to […]
Morocco’s economic capital will host Africa Renewable Energy Forum (ARF), November 30-December 1, that will discuss cooperation between public and private sector to drive forward the development of renewable energy projects across the continent. The event will bring together African Energy Ministers and government representatives, heads of utilities, regulators and national agencies, leading investors, power […]
Algeria’s state-run energy producer, Sonatrach, will inject about $2 billion to maintain production on the country’s largest gas field, local media reported. This field produces between 190 and 210 million cubic meters of natural gas per day, about 60% of the North African nation’s total gas production. Sonatrach’s CEO, Abdelmoumen Ould Kaddour, said the goal […]