Market News
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Pace of Oil & Gas Exploration in Sub-Saharan Africa Ignites the Market for Automation and Control Solutions
Posted on :Tuesday , 30th September 2014
Capital spending on automation and control systems (ACS) within the sub-Saharan oil and gas industry is set to increase exponentially. The rising focus on process optimisation, discovery of new reserves, and expansion of the regional infrastructure is anticipated to generate fresh opportunities for equipment suppliers.
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British Firm Wins Africa Oil\'s Seismic Survey Tender
Posted on :Monday , 29th September 2014
A UK registered company, IMC Geophysics Limited, has won the tender put up by Africa Oil to hire a company that will conduct seismic survey in the Ethiopian rift valley near Arba Minch town.
The Canadian oil company, Africa Oil, is under preparation to collect seismic data from the new oil exploration block in southern Ethiopia, around Arba Minch.. . .Dana Gas Successful in Bids for 2 Onshore Concessions in Nile Delta
Posted on :Monday , 29th September 2014
Dana Gas, the Middle East’s leading regional private sector natural gas company, revealed Monday that its wholly owned subsidiary, Dana Gas Egypt, has been awarded the North El Salhiya (Block 1) and El Matariya (Block 3) onshore Concessions in the Nile Delta as part of the 2014 EGAS bidding round held recently in Egypt.
The Company will operate the Block. . .Zimbabwe: Green Fuel Unveils 85 Percent Ethanol Flex Kits
Posted on :Monday , 29th September 2014
Green Fuel has introduced a new flexi fuel upgrade kit that allows motor vehicles to use various levels of blended fuel up to 85 percent of ethanol.Green Fuel is the country's sole ethanol-producing company and is a joint venture project between Macdom Investment and Government.The new flex fuel upgrade kits . . .
Namibia to construct US$ 1.2bn gas-fired power plant
Posted on :Monday , 29th September 2014
Shanghai Electric from China has been chosen by the Namibian Government as the preferred company to build a new USD $1.2bn gas-fired power plant in the country.
Upon completion of the power plant, it is expected that there will be a production capacity of up to 1050MW and it will be connected to the South African and Namibian electricity grid for use in the region a. . .Please Select an Option
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