First Independent Mena Newspaper
Conergy has made its entry into the Tunisian solar market to begin its operation in North Africa. The German company has been allowed by authorities to install a solar plant in the desert area of Ben Guardane in Medenine. The plant will be covering 4,000m2 with a capacity of 210KW which will be used in […]
Tullow, a multinational oil and gas exploration company headquartered in London, United Kingdom is preparing itself for another drilling campaign in the Islamic Republic of Mauritania. This time around, the company is hoping to begin frontier drilling campaign in Mauritania’s during the spring. It has set its eyes on venturing into new plays in the […]
Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources (PAR) is still looking for farm-in partners for the Zarat license offshore Tunisia. The two companies hold the joint oil block license north of the Zarat concession, concerning unitization principles for the Zarat […]
Moroccan authorities have approved an agreement between San Leon Energy, Serica Energy and Longreach Oil and Gas on the one hand and Cairn Energy, on the other. The announcement was made last week by San Leon Energy which said the assignment of interest in the Foum Draa offshore licence in Morocco was part of the […]
British petroleum is not hiding its fears about the risks in the North African region after it revealed that it was having second thoughts about its activities in Libya. The spokesperson of the British company said that drillings in Libya were scheduled for the end of the second quarter this year but the company is […]
French power leader Alsthom will provide Libya spare parts for 11 gas turbine units under a 250 million euro contract signed with General Electricity Company of the North African country. The Alstom spare parts are destined for five Libyan power plants operating GT13 turbines manufactured and installed by the French company. The delivery of parts […]
Following the hostage situation in Algeria, analysts fear that oil and gas future investments are dominated by uncertainty due to fears that investors will be unwilling to venture into its Sahara desert. Some believe that investments won’t be affected because the resources will be too tempting for companies to ignore. Alison Lyall, a security analyst […]
In a few days, operations will begin at the Zueitina oil terminal following the oil minister’s approval after protests by former rebels over social demands obliged it to halt. Abduladeem Shareed, security supervisor at the terminal said they have “received information from the administration saying that the organization has decided to restart operations and oil […]
Egypt plans to build a nuclear plant is on a temporal hold as it awaits implementations. However, officials prefer to wait for the parliamentary elections to be held first before making any move according to an official familiar with the affair. The nuclear project is considered as a national project and according to a source […]
Companies from the two sides of the Mediterranean have agreed to pen a deal valid for almost two decades. Spain’s Gas Natural Fenosa was a signatory to the deal with Algeria’s Sonatrach for 800mn m³/year of gas for a period of 18 years and for a 10% stake in the 8bn m³/yr in the Medgaz […]