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Equatorial Guinea: MoUs signed for new blocks

The Ministry of Mines and Hydrocarbons has signed memoranda of understanding (MoUs) with successful bidders from its 2019 licensing round during the Atlantic Council’s Global Energy Forum in Abu Dhabi.

Egypt: New block awards

ExxonMobil and Zarubezhneft have each announced the award of two new exploration licences, while three block awards have been made in Egypt’s Red Sea licensing round. The US supermajor will explore the North Marakia Offshore Block in the...

DRC: Kinshasa seeks new partner for re-sized Inga project

The DRC government has decided to recruit a new private-sector partner to develop a smaller, 4,800MW version of the Inga 3 hydro project on the Congo River. The decision is part of a new roadmap for the project discussed at a two-day workshop on...

Saudi Arabia: Red sea charter signed for new grouping

A group of eight countries led by Saudi Arabia have signed a founding charter for the Council of Arab and African Coastal States of the Red Sea and the Gulf of Aden, cementing an initiative that was launched in late 2018. The other founding...

Threats from jihadists to liberals dog Saudi security agenda

Head of state security General Abdelaziz Bin Mohammed Al-Howairini faces another challenging year at the helm of the Presidency of Public Security (PPS). Having been rehabilitated by Crown Prince Mohammed Bin Salman (MBS), Al-Howairini has the...

Region/Saudi Arabia: Riyadh to host GCC defence centre

Saudi Arabia is to host the Gulf Co-operation Council’s Unified Military Command Headquarters, in the latest sign that, despite their differences, GCC members are taking some steps to develop greater security co-operation. Foreign affairs...

Saudi Arabia: Bad week for Aramco

As if to confirm the view of market bears that shares in Saudi Arabian Oil Company (Aramco) would fall prey to geopolitical pressures, the shares dropped by more than 10% from their peak on news of the US assassination of General Qassem Soleimani...

Saudi Arabia: King Salman’s accreditations

King Salman Bin Abdelaziz on 8 January received the credentials of another eight new ambassadors to Saudi Arabia, representing Costa Rica, Chile, Kosovo, Hungary, Montenegro, Tanzania, Mauritania and Mauritius. Officials attending the ceremong...

Yemen’s Houthis eye further Iranian support for war against Saudi Arabia

Amid renewed tensions between the Houthis and Saudi Arabia, and with diminishing prospects for peace, the Houthi authorities may see new opportunities to extract more economic and military aid from their ally Iran following the killing of IRGC...

UAE: Dubai revamps governance structure

Federal Vice President, prime minister and Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum (MBR) chaired the first meeting of the Dubai Council on 7 January, the latest initiative to revamp his emirate’s governance and boost its tepid economy....

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