First Independent Mena Newspaper
A gas pipeline that will connect Nigeria to Morocco has reached the land acquisition stage, the Nigerian National Petroleum Company Limited (NNCPL) said. Surveys are currently underway for Environmental and Social Impact Assessments of the project that will cost some 25 billion dollars and benefit 13 countries in West Africa. The update was given at […]
The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]
Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]
Murray Auchincloss, Chief Executive Officer (CEO) of British Petroleum (BP), announced Wednesday October 30, significant progress towards the upcoming exploitation of the Ahmeyim liquefied natural gas (LNG) project, situated off the coasts of Mauritania and Senegal. BP is anticipating the commencement of production and export operations in early 2025, a development that underscores the growing […]
According to sources close to Taqadoumy, David Campbell, BP’s Executive Vice-president, visited Nouakchott over the week-end, meeting with Government officials from the energy sector. Following his visit, Campbell traveled to Dakar to discuss ways to resolve any remaining differences between Mauritania and Senegal, as the Ahmeyim LNG project nears its production and export phase. Campbell’s […]
The Moroccan government reviewed the legal framework governing the allocation of land plots to green hydrogen projects, part of a “Morocco Offer” to investors. Morocco had identified 300,000 hectares in its southern provinces to be allocated to green hydrogen projects, as it seeks to tap into available sun and wind to develop a green hydrogen […]
On October 14, Prime Minister Abdul Hamid Dbeibah announced a significant milestone for Libya’s oil sector, reporting that oil and condensate production had reached an impressive 1,305,059 barrels per day (bpd). This achievement is a testament to the resilience and hard work of national workers across various oil fields, as well as the strategic leadership […]
Kenya has allocated a coastal area to build its first nuclear plant, worth 3.9 billion dollars, in a bid to diversify its energy mix. The project is expected to generate 1000 MW, as part of a long-term strategy to reduce reliance on hydro-power and fossil fuel energy. Switch on is expected in 2034, despite rising […]
The Economic Community of West African States (ECOWAS) is hosting a regional workshop in Lagos Oct. 8 through 11 to review and validate the Host Government Agreement (HGA) for the Nigeria-Morocco Gas Pipeline project. The workshop is a key step in the development of the gas pipeline, a strategic project spearheaded by King Mohammed VI […]
The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]