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In Tunisia, the olive oil sector is about to experience significant changes. The first step of this succession of reforms is going to be the introduction of a label on national production starting from the next season. “To thrive on this extremely challenging international market, the valorization of the olive sector should be based on differentiation and designation of origin of olive oil,”...
Panoro Energy ASA, oil E&P company listed on the Oslo Stock Exchange market, just completed well operations at the Aje field in the OML 113 licence offshore Nigeria where it plans to start production in January 2016.
The London-based company, operating in Nigeria and Gabon, announced on 16 November, it has turned the Aje-4 well into an oil production well.
“We are very pleased to have...
Most of the events parallel to the COP 21 Paris talks are to be cancelled. This is what was announced by French Prime Minister Manuel Valls, sustained by other political personalities.
“A series of manifestations is not going to take place. The event will be strictly reduced to the talks. Nothing should be made to endanger in any way, be it through crowd gathering, people manifesting in Paris....
The Indian telecommunications group Bharti Airtel is considering issuing its first bond on the London Stock Exchange (LSE) to raise £500 million ($760 million). The money will be used to refinance its debt. The company led by Indian businessman Sunil Bharti Mittal explained that the completion of this financial operation is subject to many factors, including obtaining the necessary approvals...
During a meeting on 13 November 2015 with the Managing Directors of Orange, MTN and Moov, the minister of Information and Communication Technology, Bruno Nabagne Koné (photo), announced that the renewal of their global telecom licences - which allows them to market all types of mobile technologies - was set for FCfa 100 billion (USD 163 million). The new licence will be valid for 15 years,...
The telecom equipment provider Alcatel-Lucent will equip Burkina Faso with a Cloud network which will enable the country to develop new digital public services.
The virtual infrastructure whose aim is to meet the future demand in terms of digital services in the sectors of health, education, justice, etc., will be rolled out in Ouagadougou, the capital, and in five provinces of the country. This...
According to Abderaouf Hamouche, Manager of the National Micro-enterprises Campaign launched in August 2015 by Algérie Telecom, in partnership with the Agence Nationale de Soutien à l’emploi des Jeunes (ANSEJ - National Agency in Support of Youth Employment) and the National Young Beneficiaries of Credits Association, over 1,200 micro-enterprises will be created in the ICT sector at the...
Towards the end of October, Uganda witnessed the inauguration of the board of National Petroleum Authority and National Oil Company (NOC). The country believes the inauguration could lead to production licences being awarded to Tullow Oil and its partners in Uganda.
According to Tullow, the awards are expected to be granted soon. The company revealed that it is working closely with the...
In Nigeria, following the successful completion of the Aje-5 production well, Panoro Energy has announced that the Aje-4 well previously drilled in 2008 has also been completed as an oil production well.
The Aje-4 and 5 wells situated in the Aje field on the OML 113 licence offshore Nigeria, have been perforated in the Cenomanian oil-bearing zones with encouraging signs of well productivity...
Tanzania’s Petroleum Development Corporation (TPDC), has announced that it will begin an advanced search for crude oil in Lake Tanganyika.
The corporation on its premier stage of survey across the lake stated that it is confident that the vicinity from Kigoma Rural, Kigoma Ujiji, Uvinza and Mpanda Rural has great quantity of oil resources.
Indeed, the corporation’s confidence is based on...