Jump! Jump!! Jumpology!!!
Inflation rate has jumped to 33 percent in July — up from 29.8 percent in June, in Egypt, and Economists believe the hike is driven by an increase in fuel prices. Read more here: http://abcnews.go.com/International/wireStory/egypt-inflation-surges-33-percent-fuel-subsidy-cuts-49132164
Age of the Transformers
The Nigerian Content Development and Monitoring Board (NCDMB) have said it will conduct all its activities with its oil and gas clients from next month online. Based on the feedbacks and comments from industry players and stakeholders, the Board realized that it did not have a full scale functional system that could deliver on its core function, hence its decision to go digital. Read more here: http://thenationonlineng.net/ncdmbs-operations-go-electronic-next-month/
And They Received Brain
To reduce its reliance on diesel gen-sets and reduce its operational costs, Dangote Cement has decided to generate energy using its own gas-powered plant in Tanzania. Read more here: http://uncova.com/tanzania-dangote-cement-to-start-using-gas-to-power-tanzania-plant
Finally!
An estimated 24m of gross hydrocarbon column and 11m net condensate and gas had been found from Cairn Energy’s drilling of its SNE North-1 exploration well offshore Senegal. Read more here: http://www.oilreviewafrica.com/exploration/exploration/cairn-s-sne-north-1-exploration-well-offshore-senegal-discovers-oil-and-gas
Made In Chin-Ghan
China builds a gas plant for Ghana. The Chinese built gas processing plant is located in Atuabo, 218km west of Accra. The gas plant which is a critical piece of infrastructure to aid the country's economic transformation has the capacity to process about 120million cubic feet of gas daily from its Jubilee Oil Field. President Akufo Addo applauded Ghana National Gas Company (GNGC) for their decision to ensure that Ghanaians took over the full management and technical operations of the plant. He further urged residents to be in the forefront to sustain the gas infrastructure. Read more here: http://news.xinhuanet.com/english/2017-08/10/c_136513396.htm