First Independent Mena Newspaper
British company Predator Oil & Gas, listed on the UK stock exchange, announced that it has submitted a bid to build and operate a floating storage and regasification unit (FSRU) in Morocco. It responds to a call for tenders launched in April by the Ministry of Energy and Mines, which expires on May 31. Predator […]
Karpowership, a Turkish company which supplies Lebanon with a quarter of its energy needs, has shut down this Friday its two floating stations over failure by the Middle East country marred in financial crisis, to pay its arrears, Reuters reports. A source knowledgeable of the matter but who required anonymity told Reuters that the company […]
UK’s Sound Energy will be in a position to supply 9% of total gas consumed in Morocco in a move that will reduce dependence on Algerian gas. Sound energy will start commercializing Tendrara (eastern Morocco) gas in about two years, Moroccan economy news outlet Medias24.com reported. Tendrara’s gas potential will help Sound Energy supply other […]
The British oil and gas exploration company SDX Energy Plc has announced the commencement of its 2021 drilling campaign in Morocco, with three wells in the Gharb basin in a first phase, and up to five wells over the year. The results of the first phase of this operation will be known next July. The […]
Egypt is set to build the largest petrochemical complex in Africa and the Middle East to refine and produce a range of petroleum and chemical products, Zawya reports. The project will cost $7.5 billion and will cover an area of 3.56 million square meters located in the Ain Sokhna Industrial Zone of the Suez Canal […]
UK-based Xlinks company is planning to build 10.5 GW of wind and solar complex in Morocco and sell the generated power in the UK through a 3,800 km submarine cable, the longest subsea power transmission link in the world. The ambitious project, to cost about £18 billion, has been unveiled by the company’s CEO, Simon […]
The British gas company Sound Energy, which plans to build a liquefied natural gas (LNG) micro-plant in Morocco, has announced that it has chosen Afriquia Gaz as its logistics and commercial partner. The announcement was made in an interview with the English news website London South East by Graham Lyon, Executive Chairman at Moroccan […]
The Nigeria-Morocco gas pipeline project is the best alternative to the Nord-Stream 2 natural gas Russian pipeline project which is at the heart of tensions between the United States, the European Union, and Russia, American news outlet Newslooks states. In an article entitled “The Nord Stream 2 gas pipeline and the EU-US alliance”, Newslooks […]
The US State Department hailed Wednesday the “bold leadership” of King Mohamed VI, making of Morocco a “world leader” in investing in renewable energy and in meeting its climate goals under the Paris Accords. “Under the bold leadership of King Mohamed VI, Morocco has become a world leader in investing in renewable energy and […]
Morocco is on course to launching investments in the gas sector that would serve its goal of diversifying its energy mix and reducing its reliance on coal and costly imports, London-based Globaldata said. In a recent report, the international consultancy said Morocco is poised to add 70mmcfd natural gas to its energy mix in the […]