Egypt to pay back $1.5 billion owed to energy companies by end of this year
Egypt Oil Minister Mr. Sherif Ismail said on Thursday that the government will return money owed to foreign energy companies … Read more
Region: North Africa
Algerian government postpones its oil and gas bids to September
The Algeria government has postponed invitation for its oil and gas bids by a month, after a number of foreign energy … Read more
Egyptians to benefit from US$40bn mega housing project
Millions of Egyptians in 13 locations across the country are set to benefit from an housing project after an agreement … Read more
Algeria to set up US$3.7bn military vehicles factory
The Algeria government is set to sign a US$3.7bn (€2.7bn) contract with German defense group Rheinmetall for the construction of … Read more
Morocco finds new natural gas well
Oil exploration and production company Circle Oil has discovered a new well at the Sebou Permit near Kenitra city, Morocco. … Read more
Globeleq acquires Cameroon’s independent power plants
The 216MW natural-gas fired Kribi Power Development Corporation and 86MW HFO-fired Dibamba Power Development Corporation plants, that sell power to … Read more
