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ENERGY NEWS

A focus on the Middle East & Africa


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Exxon, Inpex to boost giant Abu Dhabi oilfield’s capacity

Abu Dhabi National Oil Co has announced plans to expand crude production capacity by a combined 280,000 barrels per day from two of its most prized fields in a move that could raise the state giant’s overall production capacity.
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InfraCo Africa to develop Guinea’s Khoumagueli Solar project

InfraCo Africa, a part of the Private Infrastructure Development Group, has signed a joint development agreement worth US$3.1mn to develop the Khoumagueli Solar PV project in the Republic of Guinea.
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ENI completes site selection for Nigeria refinery

Italian oil company ENI has completed site selection for a new refinery in Nigeria with a capacity of up to 150,000 barrels a day.
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DXB energy retrofit project set to save $57m

Etihad Energy Service Company is undertaking a retrofit project to make Dubai International Airport more energy efficient.
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Total’s 200,000 bpd FPSO arrives in Nigeria

Total’s Egina has arrived in Nigeria. The 330 meters long vessel has docked at LADOL Free Zone in Lagos, Nigeria, for final integration of topside modules built at the Free Zone.
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Kuwait cuts target for overseas oil, gas output

Kuwait Foreign Petroleum Exploration Co. reduced its output target for oil and natural gas due to the drop in crude prices that began in 2014. Kufpec revised its production goal for 2020 downwards to 150,000 barrels a day.
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Adnoc Distribution to expand into Dubai and Saudi Arabia in 2018

Adnoc Distribution will open its first service stations in Dubai and Saudi Arabia this year, an expansion boosted by the removal of subsidies on fuel.
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ZPC gets $116m for Hwange project

Zimbabwe Power Company has secured $116 million from regional financial institutions to go towards its equity contribution for the expansion of Hwange Thermal Power Station.
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Total to buy shares in Kenyan oil blocks from A.P. Moeller-Maersk

Total SA is buying shares in three Kenyan oil blocks from A.P. Moeller-Maersk - specifically Blocks 10BA, 10BB and 13T.
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Off Grid Electric Secures $55 Million in Series D Financing

Off Grid Electric closed its Series D funding Friday with $55 million from Helios Investment Partners and GE's venture capital arm.
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Saudi Arabia to tender around 4GW of renewable projects in 2018

Saudi Arabia has embarked on a programme to develop 9.5GW of renewable energy capacity by 2023. The Kingdom will tender around 4 gigawatts of renewable projects in 2018.
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Sinopec says South Africa gives it conditional approval for Chevron assets

South Africa will stick with China’s Sinopec Corp as the preferred contender to buy Chevron’s assets in South Africa and Botswana after it made a fresh commitment to future investments in the country.
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Oman signs deal for oil and gas exploration

Oman has signed a deal for oil and gas exploration with Petroleb, a Lebanese company, one month after Lebanon approved its first offshore energy exploration.
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ExxonMobil acquires exploration rights for Ghana's Cape Three Points

ExxonMobil announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.
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More renewable projects in the pipeline for GCC countries in 2018

Arabian Gulf countries are expected to continue last year's efforts in developing renewables projects that will help them diversify their energy mix, especially as solar and wind tarrifs continue to fall.
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Saudi Arabia shortlists bidders for first solar power project

Saudi Arabia has shortlisted bids by Acwa Power and a consortium operated by Marubeni, both selected by the Renewable energy Project Development Office (REPDO), to create its first solar power project.
INFOMINEO RESOURCES
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Mapping Research & Knowledge Support

Knowledge and research functions are crucial within a consulting business model and with their growing footprint internationally, strategy consulting firms are placing much thought into how they are organizing these function within their organization.
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Seven Benefits of Outsourcing Research

Understand the cost-benefit of outsourcing your research process to a specialized and professional research provider versus developing an in-house research capability.

INFOMINEO

Infomineo is a data and research service provider, that specializes in Africa and the Middle East, dedicated to supporting global companies in getting access to information that powers their investment decisions in the region. Through a direct presence in key markets such as the UAE, South Africa, Kenya, Egypt and Morocco, Infomineo provides a quick access to market data on key questions such as: market and product prioritization, partner identification, commercial due diligence, route to market, supply chain mapping and competitive analysis among others. Along with conducting custom research for clients, Infomineo also delivers an Expert Network service, an Executive Search service, and a Business Translation service. 

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