Egypt’s Energy Council Approves Major Industrial Project Expansion
Egypt’s Energy Council Approves Major Industrial Project Expansion The Supreme Council of Energy, chaired by Minister of Electricity and Renewable Energy Mahmoud Esmat, has approved energy supply for 14 new industrial projects and existing facility expansions. The approved projects include new solar glass factories, an industrial complex for chemically derived sodium sulfate production, seawater […]
Egypt Expands LNG Import Capacity to Record 2.25 Billion Cubic Feet Daily
Egypt Expands LNG Import Capacity to Record 2.25 Billion Cubic Feet Daily Egypt has successfully established robust LNG import infrastructure with unprecedented capacity, according to Minister of Petroleum and Mineral Resources Karim Badawi. During a meeting with Arthur Regan, CEO of US-based Energos Infrastructure Management LLC, Badawi confirmed that Egypt’s three operating regasification units at […]
Azule Energy Races to Beat TotalEnergies in Namibia Oil Production
Azule Energy Races to Beat TotalEnergies in Namibia Oil Production In a high-stakes competition to become Namibia’s first oil producer, Azule Energy—a joint venture between bp and Eni—is fast-tracking development of its Capricornus discovery in block 2914A. CEO Adriano Mangini revealed that a final investment decision by the end of next year is “challenging but […]
Nigeria’s Oil Minister Promises New Era of Investment Incentives
Nigeria’s Oil Minister Promises New Era of Investment Incentives Federal Minister of State for Petroleum Resources Senator Heineken Lokpobiri has announced sweeping changes to Nigeria’s oil investment landscape during a high-profile visit to the NNPC/Chevron Joint Venture’s Escravos Gas-to-Liquids facility in Delta State. The minister declared that “things have changed” since the current administration took […]
Court Delivers Major Blow to TotalEnergies’ South African Oil Ambitions
Court Delivers Major Blow to TotalEnergies’ South African Oil Ambitions In a significant legal setback for international oil exploration in South African waters, the Western Cape High Court has overturned environmental authorization for TotalEnergies’ Block 5/6/7 offshore exploration project. The court ruled that the environmental impact assessment was “deeply flawed, failing to address key risks, […]
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 […]