Morocco | Egypt Oil & Gas - Part 11
Italy to Discuss Energy Business in North Africa
Italian Economic Development Minister Federica Guidi is in a business mission in North Africa where a series of institutional meetings are planned.
Morocco Oil Refiner Plans Capital Increase to End Crisis
Morocco oil refiner Samir informed it was planning a capital increase of $1.04b in an effort to end the company's financial difficulties. As Morocco's only refinery, its closure would make the country entirely relian ...
Sound Oil in Talks to Buy Stake in Mahgreb’s Subsidiary
Maghreb Petroleum Exploration has awarded Sound Oil a two month period of exclusivity to negotiate and complete the acquisition of a subsidiary of Maghreb which holds a 25% carried working interest in the Sidi Moktar ...
Morocco Introduces New Legal Framework for Renewables
The Moroccan renewable energy sector has a new legal framework that finally will allow producers to sell surplus electricity to establishments connected to the high voltage or very high voltage grid of ONEE, the stat ...
Morocco Shuts Down Country’s Only Refinery
Morocco's only refinery is due to be shut down, announced Al Arabiya recently. Sound Oil to Acquire Offshore Moroccan License
Sound Oil PLC Monday said it has been granted a 30-day exclusivity period to potentially acquire a stake on the Tendrara licence onshore Morocco, and said it has made progress on drilling the second Nervesa well in I ... Morocco Refiner Samir Gets $319 Million on Loans
Morocco's sole oil refiner Samir said on Monday it had obtained 3.1 billion dirham ($319 million) of loans via an agreement with Banque Centrale Populaire (BCP), one of the country's three biggest lenders.
Total to Raise Millions in Initial Public Share Offer in Morocco
Total Maroc (IPO-TOMAR.CS), owned by France's Total, plans to raise between 612 million dirhams and 720 million dirhams ($74.48 million) in an initial public share offer, Moroccan bourse watchdog CDVM said in a state ...
