SDX Energy begins 12-well drilling campaign targeting 15bcf gas in Morocco
UK-based SDX Energy has started a 12-well drilling campaign targeting a mean 15bcf of gross unrisked prospective resources in its operated Gharb Basin acreage in
Tag : MOROCCO
Morocco reports trade surplus with Africa despite drop in exports
Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion
The Top 5 Hotspots For Renewables In The Middle East
A great positive story coming from the Middle East and North Africa (MENA), countering much of the negative news these days, is one of energy.
Morocco to attract $30bn in energy investments by 2030
Morocco is aiming to attract around $30 billion (Dh110bn) in investments to its energy sector by 2030 as it looks to add 10GW of renewable
US military exercise brings Moroccan and Algerian soldiers together
Launched by the United States counterterrorism forces in 2005, Flintlock is an annual regional exercise that is back for a new edition. The military exercise will
Renault Manufactures over 400,000 ‘Made in Morocco’ Cars
Renault Group achieved the goal it set last year to produce over 400,000 cars in Morocco through its two plants in Tangier and Casablanca. Renault
Morocco’s FDI Grew 29% in 2018, Trade Deficit up MAD 15 Billion
While Morocco attracted MAD 33.5 billion in foreign direct investment in 2018, its trade balance recorded an MAD 15 billion deficit increase. The foreign direct
British Oil Company SDX Energy Plans 12-Well Campaign in Morocco
UK based company SDX Energy is planning a natural gas exploration campaign in Morocco. In a press release issued on January 28, the company said
Cepsa Hopes to Take Over 15% of Morocco’s Fuel Station Market
Cepsa has signed a partnership with Derhem Holding to expand its oil business in Morocco by building 100 service stations in 5 years. Spanish oil
Asian Investment Bank approves Algeria’s membership
The Asian Infrastructure Investment Bank (AIIB) has announced the approval of applications from six new countries including Algeria, bringing to 93 the total number of