Egypt Charts Recovery Path with Ambitious Gas Production Targets
Egypt Charts Recovery Path with Ambitious Gas Production Targets Egypt’s Prime Minister Mostafa Madbouly has announced plans to restore the country’s natural gas production to 6.6 billion cubic feet per day by 2027, representing a dramatic recovery from current output levels of 4.1 billion cubic feet daily. The North African nation’s gas production has been […]
Egypt and AMEA Power Partner on Revolutionary Energy Storage Initiative
Egypt and AMEA Power Partner on Revolutionary Energy Storage Initiative Egypt has partnered with renewable energy company AMEA Power to deploy two cutting-edge battery-based energy storage facilities designed to revolutionize the country’s grid stability and renewable energy integration capabilities. The ambitious project encompasses two separate energy storage stations with a combined capacity of 1,500 […]
Kenya Moves Forward with KPC Privatization Despite Pricing Concerns
Kenya Moves Forward with KPC Privatization Despite Pricing Concerns Energy and Petroleum Cabinet Secretary Opiyo Wandayi has dismissed fears that Kenya Pipeline Company’s planned privatization will destabilize local fuel prices, assuring lawmakers that existing regulatory frameworks will maintain price stability. Speaking before the National Assembly during consideration of the privatization proposal, Wandayi emphasized that petroleum […]
TotalEnergies Prepares Ambitious South African Offshore Campaign
TotalEnergies Prepares Ambitious South African Offshore Campaign French energy giant TotalEnergies is preparing to launch an extensive drilling campaign off South Africa’s coast, targeting the promising Deep Western Orange Basin that has already yielded major discoveries in neighboring Namibian waters. The company plans to drill up to seven wells in waters approximately 211 kilometers off […]
Oil Discovery Bolsters Libya’s Ghadames Basin Operations
Oil Discovery Bolsters Libya’s Ghadames Basin Operations The National Oil Corporation has confirmed a significant new oil discovery in the Ghadames basin following successful drilling operations across three strategic wells for Sonatrach-Sipex partnership. The discovery comes as part of an Integrated Project Management approach involving local and international companies. The project has also seen the […]
Historic Joint Venture Launches Uganda’s First LPG Storage Hub
Historic Joint Venture Launches Uganda’s First LPG Storage Hub Uganda National Oil Company and African energy giant Vivo Energy have signed a landmark joint venture agreement to develop the country’s first major liquefied petroleum gas storage and distribution facility, marking a pivotal moment in Uganda’s energy transition strategy. The facility, located at Kabalega Industrial Park […]
Symbion Power Announces Massive $700M Lake Kivu Methane Power Project
Symbion Power Announces Massive $700M Lake Kivu Methane Power Project American power developer Symbion Power has unveiled plans for a groundbreaking $700 million investment to harness methane gas from the dangerous depths of Lake Kivu in the Democratic Republic of Congo, transforming a potential environmental hazard into clean electricity for millions. The ambitious project will […]
Egypt Races Against Time as Gas Network Braces for Peak Demand Crisis
Egypt Races Against Time as Gas Network Braces for Peak Demand Crisis In a surprise midnight inspection, Egypt’s Petroleum Minister Karim Badawi rushed to the National Gas Network Control Centre as the country prepares for another potentially devastating summer of power shortages. The minister’s unannounced visit to GASCO headquarters signals mounting concerns over Egypt’s ability […]