Rwanda signed a new deal that seeks to develop an 80MW peat power plant to boost the country's ambitious target of achieving 70% of access to electricity by 2019.
Hyperdynamics Corporation increased its chances of a successful drilling operation offshore Guinea and has signed a definitive drilling services contract with Pacific Drilling to engage the Pacific Bora drillship.
A minimum of three years is needed to ship gas to global markets via Turkey from the Aphrodite Gas field in Greek Cyprus and the Leviathan field in Israel.
Emerson Automation Solutions has supplied its Roxar RMS reservoir modeling software to Kuwait Oil Company (KOC). The new licenses will be used to build more accurate and detailed reservoir models.
Algerian Sonatrach boosted natural gas sales to Italy by 140% in the first ten months of the year as Algeria looks to bolster energy exports after years of stagnation, with exports expecting to grow further with a new supply deal.
The local partners in Israel’s giant Leviathan natural gas field say they have signed commitment letters with two major banks for up to $1.75b in financing.