ZYFRA Group tests AI solution to boost oil well production, eyes Egyptian market

Posted by - April 16, 2019

ZYFRA Group, Finnish-Russian AI and IIoT solutions developer for industries has successfully tested an Electrical Submersible Pump (ESP) software unit, designed to enhance the efficiency of oil extraction by boosting oil well production rates by 1.5% without any additional capital investment. The ESP software unit is now operational for more than three months in 500

Eight companies requests for electricity production, distribution licenses

Posted by - September 11, 2018

Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) has collceted requests from eight renewable energy companies to get or renew electricity production and distribution licenses. According to an official in Egypt ERA, FAS Energy has requested for a permanent license to manufacture renewable energy from its solar plant in Benban in Aswan governorate, while

Shell Starts Production at Gbaran-Ubie Phase 2 in Nigeria

Posted by - August 24, 2017

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger Delta region. Phase 2 follows the success of the first phase of the Gbaran-Ubie integrated oil and gas development, which was commissioned in June 2010. Peak production of around 175,000 barrels of

Heritage Bank, Biase Plantations Seal N232m Pact on Oil Palm Production

Posted by - July 17, 2017

Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, is set to restore Nigeria lost glory in the agricultural sector and reposition the country as the highest oil palm producer in the world with its recent signing of N232million Pilot phase of Out-growers Agreement with Biase Plantations Limited (BPL) and its joint venture partner, PZ