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Europa Oil & Gas launches farmout initiative of Inezgane Permit offshore Morocco
Europa Oil & Gas, the UK, Ireland and Morocco focused oil and gas exploration, development and production company, announced this Tuesday Aug.3 the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin, awarded to the Company in 2019. Simon Oddie, CEO of Europa […]
Moroccan 2016 economic growth weakens amid drought
Moroccan government on Monday cut its economic growth forecast for this year to less than 2 percent from 3 percent, as the North African kingdom experiences its worst drought in three decades. Morocco’s economy grew 4.7 percent year-on-year in the fourth quarter of 2015, up from 2.2 percent in the similar 2014 period thanks to […]
Morocco wants arm deals to include technology transfer
Morocco, the second largest arm buyer in Africa, wants its future weapon deals to be accompanied by a technology transfer clause as it seeks to develop a domestic military industry. Minister delegate in charge of Defense Abdellatif Loudiyi said that deals with arm manufacturers should provide for transferring maintenance know-how to the Royal Armed Forces. […]



