Oil and gas

March 10, 2020

1

Another solar module factory in Algeria

Algerian telecoms and renewables company Milltech is building a 100 MW annual capacity solar module factory in the industrial zone of Boukerana in Chelghoum El Aid, in the Mila province in the north east of the country.

The company is investing around €6 million in the facility and says it could double output capacity within a year. “Manufacturing activities at the factory should start in April,” chief operating officer Mohamed"...

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March 9, 2020

2

African Energy Chamber terminates partnership with Africa Oil & Power

The African Energy Chamber announces its termination of its partnership with Africa Oil & Power, which it has had since 2018.

Under this partnership, the Chamber has supported Africa Oil & Power in the organization of several highly-successful international events and investment conferences. The termination of the partnership reflects a new strategy for the Chamber to focus on key issues pertaining to the industry and implement its own investment"...

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March 2, 2020

3

Algeria looks to export petrol from 2021

Algeria’s refinery upgrading and modernization projects will allow the country to export petrol from 2021, said the general manager of the Algiers refinery, Hassen Boukhalfa, on Monday, according to the Algeria Press Service.

Algeria, which produced nearly 2.7 million tonnes of petrol in 2019, had to import this fuel to meet the needs of the national market, which is around 4 million tonnes, but with the ramp-up of the refineries’ capacities."...

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March 1, 2020

4

Sonatrach launches new gas compression and reinjection station in Hassi Massaoud

A new gas compression and reinjection station, with a production capacity of 24 million m3 per day has been inaugurated in Hassi Massaoud by Prime Minister, Abdelaziz Djerad.

In this aspect, Sonatrach owns this new station located north of the Zone of the Naili Abdelhalim industrial complex (ZCINA), located 6 kms from Hassi Messaoud.

The new station will allow the increase"...

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February 26, 2020

5

Mohamed Arkab: “Algeria’s Gas Exports To Europe Decline By 22% In 2019”

Algeria’s gas exports to Europe decreased by 22% in 2019 due to what it is described as the warm winter in the old continent, the Energy Minister, Mohamed Arkab, said when he was hosted by the third radio channel in the program (the guest of redaction).

“If Algeria does not move and leave things like this, especially the consumption pattern, it will face"...

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February 25, 2020

6

IFC to assess the potential for private energy storage solutions in Burkina Faso

IFC, a member of the World Bank Group, signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in energy storage can contribute to higher levels of solar power production while enhancing grid stability and dispatch issues.

This assessment will lead to the definition of a storage investment roadmap based on PPP models in Burkina Faso. It will be jointly supervised by IFC, the Ministry of Energy and the grid"...

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February 24, 2020

7

AG&P Breaks Ground on its LNG Import Facility at Karaikal Port, Puducherry, Expanding Access to Natural Gas for Downstream Customers in South India

AG&P, the global downstream gas and LNG logistics company, has broken ground on its LNG Import Facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in South India. The Karaikal LNG Import Facility (“Karaikal LNG”) is expected to commence commercial operations by Q4 2021.

Owned and operated by AG&P, Karaikal LNG Import Facility is being built on a 12-hectare site within the Karaikal"...

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February 23, 2020

8

Aker Energy issues Letter of Intent to Yinson for FPSO

Aker Energy has entered into a Letter of Intent (LOI) with Yinson Holdings Berhad to award a bare-boat charter and an operations and maintenance contract for a floating, production, storage and offloading (FPSO) vessel at the Pecan field, offshore Ghana.

“We are continuing with our preparations for the Pecan project and awarding an LOI for the future contracts for the FPSO vessel is certainly a key milestone,” says Mr. Svein Jakob"...

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February 22, 2020

9

Total awards two LNG agreements to Worley

Australian engineering company Worley has been awarded two master service agreements (MSAs) by Total E&P Mozambique Area 1 Limitada to provide services to the Mozambique LNG Project.

Under the MSAs, Worley will provide in-and-out of country services, including engineering, consulting and specialist engineering for delivery of onshore and offshore (subsea) facilities. The services will support the development of the new LNG facility.

The"...

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February 22, 2020

10

Eaton and Abunayyan Holding Form Joint Venture to Produce and Service Low- and Medium-Voltage Switchgear in the Middle East

(AETOS Wire)-- Power management company Eaton (NYSE:ETN) and Abunayyan Holding today announced the formation of a joint venture to produce and service low- and medium-voltage switchgear in the Middle East. The joint venture will do business as Eaton Arabia and will have locations in Dammam, Saudi Arabia, and Dubai, United Arab Emirates.

“We are pleased to form this new joint venture with Abunayyan,”"...

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