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A lawsuit filed by one of the Gulf region’s most high-profile expatriate executives could point to a dark side in the mighty Abu Dhabi business empire, if the allegations are proven, and threatens to reignite controversy over several deals, including a major power project in Morocco. The suit has been filed in the United States by former Abu Dhabi National Energy Company (Taqa) chief executive Peter Barker-Homek against his erstwhile employer. Taqa rejects all the charges and has said it will contest the case vigorously.

Morocco
Issue 192 - 07 August 2010

GE, Cegelec to supply Kenitra turbines

Subscriber

GE and consortium partner Cegelec of France have won a 25-month contract worth more than E200m ($264m) to supply fuel-flexible gas turbines for the 300MW Kenitra power plant. They will supply three GE Frame 9E gas turbines that burn heavy fuel oil (HFO) with distillate as a back-up.

Morocco
Subscriber

Circle Oil placing raises $65m; Brief stay for new Hyperdynamics CFO; Potential Sonangol Iraqi farm-out

Egypt | Angola | Namibia | Guinea | Morocco | Tunisia
Issue 191 - 24 July 2010

Countries and Markets

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Eni and its partners have made a new oil discovery in Block 15/06 with the deep-water Cabaça SE-1 well. The well, located in 470 metres of water 100km offshore, encountered significant oil-bearing reservoirs in the Miocene series. An appraisal well is planned to be drilled in Q3 2010 with the objective of delineating and testing this oil accumulation. Cabaça SE-1 is the seventh exploration well drilled in Block 15/06 since the block was awarded at the end of 2006. The eighth well of the exploration drilling campaign, Mpungi-1, is currently being drilled,and it will complete the work commitment of the first exploration period. The block has delivered six commercial discoveries out of the seven prospects drilled to date.

Egypt | Angola | Nigeria | Gabon | Morocco | Tunisia
Issue 191 - 24 July 2010

Step-change in wind capacity

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In the clearest sign yet of wind’s potential to meet large-scale power needs, Morocco’s renewables-friendly government has set a target of 2,000MW installed wind power capacity by 2020.

Morocco
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ANGOLA: New find on Block 15/06; EGYPT: Mitsui buys in; GABON: Perenco workover raises output; MOROCCO: Exploration progress; NIGERIA/SAO TOME: Total Takes Chevron’s Block 1 stake; NIGERIA: Drilling success for Sinopec; TUNISIA: AfDB funds for Etap; UGANDA: Butiaba appraisal success

Egypt | Angola | São Tomé & Príncipe | Nigeria | Uganda | Gabon | Morocco | Tunisia
Issue 190 - 10 July 2010

All eyes on Akhannouch

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The sale of the latest block of Royal Dutch Shell’s African distribution assets – of which the Anglo-Dutch major’s Moroccan network comprising 322 service stations is by far the biggest component – and speculation about a new round of downstream investment in the kingdom is driving speculation about the intentions of Berber entrepreneur turned politician Aziz Akhannouch.

Morocco
Subscriber

CAMEROON: Spain’s Indra to modernise IT systems; MALI: O&M contract for Sopam plant; MOROCCO: Ain Beni Mathar inaugurated; MOZAMBIQUE: El Sewedy to reinforce urban grids; ZAMBIA: EIB considers Itezhi-Tezhi finance

Cameroon | Mozambique | Zambia | Morocco | Mali
Subscriber

Casablanca-based developer Nareva Holding has awarded France’s Alstom a contract to deliver turbines for the largest of its three planned wind farms, to generate up to 200MW at Akhfennir, 100km from Tarfaya, in southern Morocco.

Morocco
Subscriber

EQUATORIAL GUINEA: Mbini refinery plans; GHANA: TOR closure; MOROCCO: Turkish contract for Samir; SENEGAL: Saudis bid for refinery stake

Ghana | Equatorial Guinea | Morocco | Senegal
Issue 184 - 17 April 2010

Japanese take Moroccan turbines order

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A Japanese consortium led by the Mitsui group has been awarded the main engineering, procurement and construction contract for two 350MW supercritical coal-fired units to be installed at Jorf Lasfar. The Jorf 5 and Jorf 6 units will supply state power company

Morocco
Issue 184 - 17 April 2010

ONE announces Safi bids at last

Subscriber

Office Nationale de l’Electricité has finally opened the technical bids of consortia who qualified to build the 1,320MW Safi coal-fired power station.

Morocco
Free

The Desertec Industrial Initiative (DII) to export solar power from North Africa to Europe continues to exercise considerable media and industry interest, promising clean energy from a network of solar generators based in the desert lands south of the Mediterranean.

Morocco
Free

Renewables projects are attracting strong interest from financiers, with Morocco offering particularly strong incentives for investors, writes John Hamilton

Algeria | Morocco | Tunisia
Issue 184 - 17 April 2010

Morocco issues Ouarzazate solar EoI

Subscriber

The Moroccan Agency for Solar Energy (Masen) has issued its eagerly anticipated call for expressions of interest to develop the first 500MWe unit of the kingdom’s 2,000MW solar generation programme,

Morocco