First Independent Mena Newspaper
Namibia’s first ‘green hydrogen’ power plant — and also first one being built in Africa — which is expected to begin producing electricity in 2024, presents the southern African country with a dilemma: while Namibia is championing the clean energy, it also announced earlier this month that huge oil deposits had been discovered off its […]
The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities expect the company to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector. The […]
Namibian offshore oil and gas discoveries by the energy giants TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation’s mines and energy minister Tom Alweendo said. Both companies announced earlier this year that they had made “significant” discoveries offshore Namibia, which could make Namibia, the southern neighbor […]
The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) have invited bidders to tender for a $10 billion deep-water project in the West African nation. The prospective bidders are invited to submit their applications packages that comprise engineering, procurement, and construction of the Bonga South West/Aparao (BSWA) project. The project […]
The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s Chief Executive Officer said. Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North […]
The government of Egypt last weekend signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia’s Petronas worth around $1 billion for eight wells, a statement said. The government in a separate deal of $10 million with Rockhopper, Kuwait Energy and Canada’s Dover Corporation, agreed on the exploration of the Western […]
Shell will set up an office in Nouakchott to begin exploring hydrocarbons off shore the West African country. Under an agreement reached between the two parties, the oil and gas giant Shell shall begin exploration activities, starting with reprocessing and analysis of existing seismic data. “This move represents Shell’s entry into the West African Atlantic […]
China’s largest oil and gas producer and distributor, PetroChina has signed up with the Libyan National Oil Corporation (NOC) to buy Libyan oil, few months after Shell and British Petroleum (BP) signed similar deals. The deal is the first ever since 2013, Bloomberg reports. The deal comes as oil production knows a revival following several […]
Morocco has signed an onshore oil and gas exploration deal with Royal Dutch Shell and Spain’s Repsol covering the region of Souss Massa. The explorations will be carried out at an onshore site in the southern region of Souss-Massa, which covers an area of 9,990 square km, Morocco’s National Office for Hydrocarbons and Mining (ONHYM) […]
British Petroleum and its sister Dutch Shell have inked deals with the Libyan National Oil Corporation (NOC) to buy ship-ments of Libyan oil, Libya Herald reports Friday. The media said it received confirmation from the NOC that both European firms have signed deals to buy the Libyan oil. Shell, according to Bloomberg, which has been […]