Siemens Energy has signed a memorandum of understanding (MoU) with the Egyptian Electricity Holding Company (EEHC) to jointly develop a hydrogen-based industry in Egypt with the capability for export.
The partnership will aim to promote investment, facilitate technology transfer and develop hydrogen projects based on renewable energy in Egypt.
The German ministry will provide 40 million euros ($47mn) from its economic stimulus package to drive the co-operation. Namibia will publish its hydrogen strategy in November. Water is scarce so hydrogen production would have to use seawater. Despite the need to desalinate this, the two sides expect costs to be low. The Southern African state hopes to be able to export green hydrogen before 2025.
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Sound Energy, the UK-based and Morocco-focused oil and natural gas exploration company, has announced the acquisition of the Schlumberger Silk Route Services Limited (SSRS), solidifying Sound Energy’s place in the Moroccan market.
Israel’s environmental protection ministry has announced its decision to delay the implementation of a proposed oil transport deal with the United Arab Emirates, freezing a project that has angered environmentalists.
A Sales and Purchase Agreement 1.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) was signed in July 2021, by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, President and CEO, Qatar Petroleum, and Shun-Chin Lee, President and Acting Chairman, CPC.
Saudi Aramco is looking to raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, higher than the $12.4 billion raised from its oil pipeline deal, sources familiar with the matter said on Monday.
Eni has discovered oil on the Baleine prospect in block CI-101 offshore Ivory Coast. An appraisal program will be carried out to assess the upside potential of the overall structure that extends into the Eni-operated block CI-802.
It has been agreed that the export pipeline capacity of the subsea Medgaz natural gas pipeline that links Algeria with Spain will be expanded. It will involve the installation of a fourth turbo compressor able to increase gas exports by capacity by two bcm/year, representing an increase of 25%, reaching ten bcm/year from the fourth quarter onwards.
The Nigeria-Morocco gas pipeline, which is set to span across West Africa from Nigeria to Morocco, may one day traverse the continent into Europe. Construction on the pipeline began in June 2021, although Morocco and Nigeria formally announced the original project outline in late 2016. According to the East African journal, Nigeria now intends to supply Europe with gas from the Nigeria-Morocco pipeline.
The move represents the state-controlled player's debut investment under the kingdom’s renewable energy programme.
Saudi energy minister Prince Abdulaziz bin Salman said earlier this year that the kingdom – the world’s largest oil exporter – wants to be “another Germany when it comes to renewables” and derive 50% of its electricity from green power sources by 2030.
The Development Bank of Southern Africa (DBSA) has opened a call for proposals for solar and wind projects, looking to provide USD 200 million (EUR 171m) under a programme developed together with the Green Climate Fund.
The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of the utility’s ambition to move away from coal by taking advantage of the nation’s abundant wind and solar resources.
Solar power systems with a total capacity of 435 MW and 142 MW of onshore wind turbines were installed in Germany in July, data published by the Federal Network Agency shows.
The bulk of the new solar capacity, or 308.8 MW, featured plants connected to the grid outside of EEG tenders. Of these, only 10.2 MW were ground-mounted systems.
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