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Archive In Energy
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Business
Morocco Accelerating Work On 2015 Power Plan.
gathering momentum, following the award, earlier in the year, of a first contract for 160 megawatts to be generated through concentrated-solar technology (CSP).
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Strategies & Solutions
South Africa Set To Replace Iranian Crude With Nigerian.
Africa’s largest economy South Africa has revealed plans to partner Nigeria (Africa’s 2nd largest economy) as it looks for alternative sources for crude, its deputy president said on Wednesday, suggesting Pretoria is to cut crude...
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Strategies & Solutions
Italian Oil Giant Announces Significant Oil Discovery in Egypt.
Eni, an Italian multinational Oil and gas company has announced a significant oil discovery in the Western Desert of Egypt.
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Strategies & Solutions
Nigeria: Nestoil, Oilserve Secure $400m Gas Pipeline Construction deal.
Nigeria’s NestOil, an indigenous Engineering, Procurement and Construction (EPC) company and Oilserve have secured a $400 million contract, from the Federal Government of Nigeria, for the East-West evacuation gas pipeline project.
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Strategies & Solutions
Nigeria: Oando Acquires 40% Participating Interest To Develop Qua Iboe Field.
Oando Exploration and Production Limited (OEPL), a subsidiary of Oando Plc, has signed a farm-in agreement with Network Exploration & Production Nigeria Limited (NEPN), Businessday has reported, the agreement represents 40 percent acquisition of participating...
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Business
PetroEnergy To Dig Seven Oil Wells In Gabon.
Philippine upstream oil company, PetroEnergy Resources Corp. (PERC), is partnering with another consortium to dig seven oil wells in Gabon. Five of these wells will be for production while the other two will be for exploration.
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Strategies & Solutions
Total Ghana Invests In Brand Development To Boost Market Share.
Total Petroleum Ghana Ltd., has reiterated its commitment to invest in its brand to enhance competitiveness in the challenging downstream petroleum sector and boost market share.
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Business
African Leaders Urged To Redirect Fossil Fuel Subsidies Into Renewable Energy Infrastructures.
With the blooming presence of political stability and massive investments in renewable energy across the continent, Africa is destined to be the world power house in the next decade.
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Strategies & Solutions
China’s Hanlong Set For $1.3bn Cameroon Iron Ore Buy Out.
Hanlong Mining Investment Pty Ltd. has cleared one of three key hurdles in a long-delayed $1.3 billion takeover of Australia’s Sundance Resources.
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Business
Africa Oil Corp Launches Drilling Project Operations In Somalia.
Africa Oil Corp. has launched drilling operations on the Shabeel North well in Puntland, Somalia. This is the second well in the company’s current drilling campaign. The well is being operated by Horn Petroleum Corp.