Sound Energy on Friday announced that the second well, TE-7, at its Tendrara licence, onshore Morocco, has reached a total measured depth of 3,459 metres. The company says it has successfully completed a 700 metre sub horizontal drill through the TAGI reservoir.  It has also witnessed significant gas shows from the TAGI sandstones. Sound Energy estimates a total vertical net gas pay of...

Ghana has commenced the exportation of fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot operated by Bulk Oil Storage and Transport (BOST) Company Limited. According to Ghana’s Minister of Petroleum, Emmanuel Armah-Kofi Buah (photo), plans are underway to extend the exports to Liberia in few months. He added that the government’s...

For the first time since late last year, an oil tanker loaded crude export cargo at Libya’s Zueitina oil terminal, a port official revealed. According to the port official, the Ionic Anassa oil tanker loaded 800,000 barrels of oil for export to China. Zueitina is one of the three formerly blocked ports that reopened in September, following the seizure of the terminals by Dignity Operation...

World’s largest hotel brand Marriott International announced in a statement published on October 5 it will spend R3 billion ($218.14 million) on five hotels in South Africa. Marriott, which has become the leading hotel brand in Africa in April 2014 after buying South African Protea Hotel Group, said the new hotels should create 8,000 jobs during construction and more than 700 long-term jobs...

Agricultural lands in Cote d’Ivoire will from now on be protected under constitutional law, President Ouattara told parliamentarians on Oct. 5, 2016, as draft proposal for a new constitution was being presented. “It has been established that only the State, public collectivities and Ivorian nationals can get rural land with all rights guaranteed,” the Head of State said, according to AIP....

Sasol has announced the completion of the first ever 3D onshore seismic programme in the Inhassoro field in Mozambique. The seismic involved the acquisition of 115km² of data in the field which forms part of Sasol’s onshore production sharing agreement (PSA) licence area. This area is to be developed in phases. The phase 1 of development involves a combined oil, liquefied petroleum gas (LPG)...

In the framework of the programme to support food production and security (PAPV-SA), three agricultural processing units will be built in the north-central part of Cote d’Ivoire, APA reveals. Towns concerned are Djébonoua, Bouaké and Katiola, where will be respectively built a cassava, tomatoes, and rice processing units. The PAPV-SA through these projects aims to reduce living standards...

Garba Shehu, spokesman of Nigerian president Muhamadu Buhari has announced on Oct. 5 that two of the 10 presidential planes were being sold. The news was reported by BBC Africa. The Falcon7X (photo) and Hawker 4000 are the two jets concerned. Besides these two, other presidential planes “will be handed to the Nigerian air force”, Sehu added. The downsizing of presidential fleet was...

Due to persistent drought continues, Morocco’s grain imports are highly likely to explode. While L’Economiste said the kingdom might buy four million tons of wheat, the United Nations Food and Agriculture Organisation (FAO) forecasts Rabat’s total grain imports at 8.7 million tons, thus 2.2 million tons more than the average over the past five years. With a projected wheat output of 2.8...

In Ghana, mining companies are turning to renewable energy, as an additional source of energy but also to cut down their cost of operation. Many of these firms indeed complain about the high cost of thermal energy. “Many of the companies are now looking at renewable energy sources because of the cost of thermal based energy resources. Most of them are looking at even their own generation as...