Moroccan state-owned power utility ONEE has picked HSBC Middle East Limited as financial adviser and law firm Ashurst LLP as legal adviser for its plan to boost its imports of liquefied natural gas (LNG).
A Moroccan court has given the trustee who controls Samir, the country's only oil refinery, another three months to finish the liquidation process and will invite expressions of interest in buying the plant.
Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African countries to Europe.
The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m to support Morocco's sustainable energy developments.