Category: Energy

Morocco, Spain pool efforts to support scientific research in energy sector

February 27, 2020

The financing agreements for the first projects to be selected under “INNO ESPAMAROC ENERGY,” were signed in Rabat this week to give substance to the ... Read More

Egypt’s EGAS Signs $43m Oil Exploration Deal with Wintershall Dea

February 17, 2020

The Egyptian Ministry of Petroleum & Mineral Resources signed a new agreement with the Egyptian Holding Company for Natural Gases "EGAS" and the German company ... Read More

UAE: CAFU to open shop in Egypt, first market in Africa

February 14, 2020

Emirati on-demand petroleum product supplier, CAFU, will begin operations in Egypt under a Memorandum of Understanding with the Egyptian General Petroleum Corporation. The agreement will ... Read More

Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020

February 8, 2020

The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt ... Read More

Algeria: State-run Sonatrach CEO Sacked

February 6, 2020

Kamel Eddine Chikhi, Chief of state-owned energy firm Sonatrach, was sacked Wednesday only three months into the job.   A presidential decree, relayed by state-run ... Read More

Nexans Maroc to Set up 2.5 MW Photovoltaic Rooftop at its Mohammedia Plant

February 1, 2020

Nexans Maroc and ENGIE Services Maroc recently signed a 15-year contract for the design, construction, supply, upkeep and maintenance of a photovoltaic rooftop plant with ... Read More

SDX Energy Finds Gas in Morocco’s Northwest

January 29, 2020

The UK-based SDX energy announced a new discovery in north western Morocco, which, it said, is above pre-drill estimates. The company has encountered commercial quantities ... Read More

EU Signs four Financial Guarantees to Unlock Investment in Africa, EU Neighborhood

January 28, 2020

The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to be invested in renewables, urban infrastructure and ... Read More

Morocco’s Company Nareva Wins Energy Deal in Tunisia

January 16, 2020

The consortium led by Moroccan energy company NAREVA and French ENGIE group won an international bid for the construction of 120 MWp solar power plant ... Read More

Sound Energy Receives Approval to Build Gas Pipeline in Eastern Morocco

January 14, 2020

UK upstream Morocco-focused Sound Energy said it was cleared to build and operate a 120-km gas pipeline in eastern Morocco. The company made the announcement ... Read More