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ENERGY NEWS

Newsworthy articles with a focus on the Middle East & Africa

May 2018

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Moroccan refinery can gain much from an Iraq alliance

Moroccan refinery can gain much from an Iraq alliance

Iraq is reported to be making an offer to Morocco that may result in relaunching operations at the shuttered 200,000 barrels a day refinery in Mohammadiya.
Iraq signs contract with PowerChina, Norinco to build Fao oil refinery

Iraq signs contract with PowerChina, Norinco to build Fao oil refinery

Iraq has recently signed a contract with two Chinese companies, PowerChina and Norinco International, to build an oil refinery at the port of Fao on the Gulf, according to an Iraqi oil official.
SDX makes oil discovery at Rabul 4 well in Egypt

SDX makes oil discovery at Rabul 4 well in Egypt

SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 4 Well in the West Gharib Concession in Egypt.
Savannah Petroleum announces Bushiya oil discovery, onshore Niger

Savannah Petroleum announces Bushiya oil discovery, onshore Niger

Savannah Petroleum, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, has announced the result of the Bushiya-1 exploration well as an oil discovery.
22 companies interested in Gambia’s oil blocks,10 shortlisted

22 companies interested in Gambia’s oil blocks,10 shortlisted

The Gambia’s Ministry of Petroleum has announced that 22 oil companies expressed interest in four of the country’s oil blocks in the just-concluded international bidding process.
Eni brings on-stream second production unit at Zohr project

Eni brings on-stream second production unit at Zohr project

Italian exploration and production firm Eni has brought on-stream the second production unit of the Zohr gas project, located offshore Egypt within the Shorouk Block, to ramp up production from the field.
Oil tops $75, highest since 2014 OPEC meeting that led to pump war

Oil tops $75, highest since 2014 OPEC meeting that led to pump war

Oil prices slipped recently as concerns the United States might reinstate sanctions against Iran faded somewhat, reducing worries about the future of Iranian exports.
Nigerian Petroleum Corporation drives Sub-Saharan Africa gas production in 2021

Nigerian Petroleum Corporation drives Sub-Saharan Africa gas production in 2021

Sub-Saharan Africa’s gas production is estimated to grow by 18 per cent by 2021 to 9.1 bcf per day, according to GlobalData, a leading data and analytics company with an extensive focus on Africa’s oil and gas industry.
Shell mulls $15bn investment surge in Nigeria

Shell mulls $15bn investment surge in Nigeria

Oil giant, Royal Dutch Shell, is mulling additional $15 billion investment in Nigeria. The company is the biggest international oil company in Nigeria.
PDO  plans to invest more than US$20bn to sustain its long-term hydrocarbon output

PDO plans to invest more than US$20bn to sustain its long-term hydrocarbon output

Petroleum Development Oman is planning to invest more than US$20bn in exploration and production activities by 2021 as the company aims to sustain its long-term hydrocarbon output.
Kuwait’s KNPC offers $500m investments to private sector

Kuwait’s KNPC offers $500m investments to private sector

Kuwait National Petroleum Company plans to offer around four mega investment opportunities to the private sector. The total investments of the new opportunities will amount to $500 million US dollars.
ADFD finances Dh550m Quweira Solar Power Plant in Jordan

ADFD finances Dh550m Quweira Solar Power Plant in Jordan

A delegation from Abu Dhabi Fund for Development attended the official commissioning of the ADFD-funded AED550 million (US$150 million) Quweira Solar Power Plant in the Kingdom of Jordan.
Nordex Group awarded contract for 147 MW in South Africa

Nordex Group awarded contract for 147 MW in South Africa

With the signing of the power purchase agreement by public-sector utility Eskom, the contract for the installation of the South African wind farm “Roggeveld” has now also come into effect.
Zimbabwe government Targets 50 Dams

Zimbabwe government Targets 50 Dams

Zimbabwe is inviting investors to construct 50 dams for the generation of hydroelectricity under the Build Operate and Transfer arrangement, a senior Government official has said.
Dubai Ruler opens first stage of solar park Phase 3

Dubai Ruler opens first stage of solar park Phase 3

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently inaugurated the 200 megawatt (MW) first stage of the 800-MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Saudi Arabia gets 1st solar-powered gas station

Saudi Arabia gets 1st solar-powered gas station

Saudi Arabia’s first solar-powered gas station has just been opened in the Red Sea city of Jeddah. The inauguration comes on the heels of the Kingdom’s switching on its drive towards solar power.
 
 
Africa Oil & Gas Review

Africa Oil & Gas Review

What are the key opportunities and challenges that are being faced by Oil & Gas companies in Africa? Are companies in the Oil & Gas industry fit for growth? Access this year's Oil & Gas Review by PwC, powered by Infomineo's research team. Are companies in Africa's oil & gas industry fit for growth?
Solar powered oil recovery: a model for the future?

Solar powered oil recovery: a model for the future?

Oman's domestic crude oil production relies heavily on Enhanced Oil Recovery (EOR) methods. Located in southern Oman, Miraah, a 1,021 MW solar-thermal facility, could save up to 5.6 trillion btu, enough to provide 5 percent of the country’s population with electricity.
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