Africa

Egypt to Build SEZ around New Suez Canal

12th August, 2015

Egyptian president Abdel Fattah El-Sisi has ordered the creation of a Special Economic Zone (SEZ) surrounding the Suez Canal, part of a long planned a. . Read More

Morocco to Acquire Russian Amur 1650 Submarine

10th August, 2015

Morocco is expected to conclude negotiations to obtain the country’s first submarine from Russia during King Mohammed VI’s upcoming visit to Mosco. . Read More

Egypt and Saudi among Others Showing Interest in Mistral

8th August, 2015

French media reported Friday that some 10 countries including Egypt and Saudi Arabia has shown an interest in buying two French Mistral warships that . . Read More

SCCT Prepares itself for Larger Global Trade

8th August, 2015

The Suez Canal Container Terminal, located east of the northern entrance of the Suez Canal, at the convergence of the continents of Africa, Asia and E. . Read More

Egyptian President Inaugurates New Suez Canal

7th August, 2015

Egypt has launched nationwide celebrations to mark the inauguration of the new Suez Canal which the country hopes would bring in an economic turnaroun. . Read More

SA Considering Power Barges to Overcome Shortage

5th August, 2015

South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said . . Read More

Ceona Partners with Interoil Angola to Expand its Business

5th August, 2015

Ceona, SURF contractor with heavy subsea construction capabilities, has expanded its West African reach after entering into a strategic partnership wi. . Read More

EGAS Awards FLNG Contract to BW

4th August, 2015

BW has been selected by the Egyptian Natural Gas Holding Company (EGAS) to provide LNG regasification services utilizing a Floating Storage and Regasi. . Read More

SFO Instigates Investigation on Soma on Corruption Charges

4th August, 2015

The Serious Fraud Office of the United Kingdom (UK) confirmed on July 31, 2015 that it has opened a criminal investigation into Soma Oil and Gas in re. . Read More

Subsea 7 Awarded Contract for Development of Offshore Fields in Egypt

31st July, 2015

Subsea 7 S.A. announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Tauru. . Read More

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