First Independent Mena Newspaper
French utility company, Engie SA, wants to sell its gas exploration units in Algeria as part of a larger plan to offer its assets in Africa and Europe in a bid to reduce its exposure to volatile oil and gas prices, Bloomberg reported. “The company is planning to sell its upstream operations globally including businesses […]
Siemens is planning to build a wind turbine rotor blade facility in northern Morocco, close to Tangier Med port, linked to Europe, the Middle East and the rest of Africa. The construction of the onshore plant, first of its kind in the North African country, is expected to start as early as this spring, and […]
Japan will build Turkey’s second nuclear power plant to be located in the Sinop province, northern Turkey, on the Black Sea. The contract worth $22 billion was signed last week in Ankara by the two countries’ Prime Ministers Recep Tayyip Erdogan and Shinzo Abe. The plant to have four reactors with a combined capacity of […]