Oil And Gas

May 8, 2021

SDX begins drilling operations in Morocco

UK-based SDX Energy, a Mena-focused energy company, has announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year.

Mark Reid, CEO of SDX, said: 'I am pleased to announce that the"...

May 6, 2021

Climate Change: Morocco to Introduce Environment Code

Rabat – Minister of Energy, Mining, and Environment, Aziz Rabbah, announced on Monday that his department is preparing an environment code to combine all the texts related to the field.

Rabbah announced"...

May 1, 2021

Solar Energy: Jabi Lake Mall with 106 MSMEs Cuts Energy Bill By 30%

As the world embraces the Paris Agreement on Sustainable Development, the 609kwp solar hybrid power plant at Jabi Lake Mall, Abuja, Nigeria, the first rooftop facility for a Nigerian mall, which was recently inspected by the Minister of State for Power, Goddy Jedy-Agba is another example"...

April 29, 2021

Covid-19, Window of Opportunity to Accelerate Access to Sustainable Energy

Rabat - The Covid-19 epidemic is a 'window of opportunity' for countries to boost and accelerate progress in the supply of and access to sustainable and secure energy, said Rim Berahab, economist at the Policy Center for the New South (PCNS), specialist in energy issues.

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April 26, 2021

Dana Gas and Crescent Petroleum Resume Khor Mor Expansion Project

US$600m investment to increase production 57% within 2 years Production to grow from 440MMSCFD to 690MMSCFD by April 2023 Force Majeure lifted with KRG and US Contractor Exterran after COVID Delay Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on......

April 21, 2021

Morocco to attract foreign renewable energy investment

RIYADH: More than 260 industrial projects have been supplied with new energy during the last three years in Morocco, Asharq Business reported, citing Energy Minister Aziz Rabbah.

A massive water scheme launched"...

April 17, 2021

The Much-awaited Dangote Oil Refinery

Few years ago, any economic pundit that thought of the possibility of a privately-owned petroleum refinery that would have the capacity to meet the needs of Nigeria’s downstream sector, and still export to neighboring countries, would have been tagged a dreamer; hallucinating in the"...

April 14, 2021

Morocco’s Compensation Fund: Subsidy Decrease for Butane Gas, Sugar

Rabat – Morocco’s compensation fund released a statement on the decreased government subsidies for butane gas and sugar. As of March 2020, subsidies covered MAD 2.75 billion ($307 million) and MAD 1.18 billion ($132 million) for butane gas and sugar respectively. Currently, subsidies for a standard 12 kilogram container of butane gas amounted to approximately MAD 2 billion ($223 million). Subsidies for sugar amounted to MAD 1 billion ($112 million). The Compensation Fund commented on the decline in government subsidies for......

April 14, 2021

COP26 ETC: Morocco Highlights Main Aspects of Energy Transition in Morocco over Next Decade

Rabat - Minister of Energy, Mining and Environment, Aziz Rabbah highlighted, Monday, the main aspects of the energy transition in Morocco over the next decade, during the second ministerial meeting of the Energy Transition Council (ETC of COP 26).

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April 13, 2021

Halliburton to Provide Petroleum Data Management Platform for Norwegian Petroleum Directorate

Halliburton Company (NYSE: HAL) today announced it signed an eight-year contract with the Norwegian Petroleum Directorate (NPD) to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.

Halliburton"...