First Independent Mena Newspaper
Dallas-based Kosmos Energy’s oil search in Mauritania once again led to the discovery of an offshore gas reservoir in a well located 60km north of the Tortue-1 gas discovery that opened the basin. The latest discovered field, described as “a large gas resource,” is preliminary estimated to have 5 trillion cubic feet of gross resources […]
The nod has been given by Algeria’s Council of Ministers for works in relation with the development and exploitation of unconventional gas to continue. The North African country once rich oil and natural gas reserves have been declining in recent years. The exploitation of shale gas is expected to complement the drop. Algeria has not […]
The president of the Board of Directors of Cargas, Tariq Al-Dagwa, alongside the secretary general Ghada Wali of Social Fund for Development (SFD) have inked an accord to promote natural gas in Egypt by converting more vehicles. In the concluded EGP 5million agreement, Cargas is tasked with the construction and conversion of 1,000 new vehicles […]