First Independent Mena Newspaper
Production at four vital Libyan oilfields will resume after a meeting between Prime Minister Abdulhamid Dbeibeh and representatives of a faction of the Petroleum Facilities Guard (PFG) which handle security of the sites, reports say. Wafa, El Feel, Sharara and Hamada oilfields halted production after the PFG staged protests against a number of issues, including […]
Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]
Chariot energy company announced this Monday a major gas discovery offshore northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the Anchois-2 well within the Lixus licence. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a […]
Morocco invited bids for a study concerning the setting up of LNG infrastructure and a floating storage and regasification unit in the port of Mohammedia, the port agency said. January 25 was set as a deadline for the bid which aims at helping the port agency upgrade the port to host LNG and FSRU infrastructure. […]
The kingdom of Morocco envisions to build a carbon-free energy sector by 2050 as the North African country adopts a new energy vision, Bas Carbone (Low Carbon). The new vision, made of seven orientations, aims first and foremost at accelerating the strong development of renewable energies with a view to decarbonize electricity, with an indicative […]
Egypt is expected to receive, this year, the permission to build two nuclear plants for electricity generation. Amjad Al-Wakeel, Chairman of Egypt’s Nuclear Power Plant Authority (NPPA), told Zawya the projects already in phases will be implemented in the second half of 2022. NPPA is coordinating with the contractor Rosatom of Russia to obtain […]
Morocco’s high-speed train, Al Boraq, has started using green energy as of January 1, 2022, the National Railways Office (ONCF) announced in a press release. Thanks to the clean energy provided by a national operator, ONCF greens the power cycle of the national railway network, substituting its electricity consumption with clean energy. The Office operates […]
After concrete phosphates and gas cooperation projects, Morocco is helping Nigeria develop electricity production from renewable energy with a solar power project spanning over 200,000 hectares of land in the state of Jigawa. “The power solar energy is an initiative of Moroccan government, in collaboration with the Federal Government and Jigawa State government specifically to […]
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Arab Finance reports, citing a statement by the Ministry of Petroleum and Mineral Resources. The deal signed by Minister of Petroleum […]
The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the European Union, provides €25 million to Banque Marocaine pour le Commerce et l’Industrie (BMCI) to support Morocco’s green transition. The financing, of which a total of €23.75 million will be provided by the EBRD and €1.25 million by […]